Fieldfisher advises on the acquisition of a 36 MW photovoltaic portfolio in Spain
Fieldfisher has advised investors on the acquisition of a Spanish portfolio.
Fieldfisher has assisted a group of institutional investors on the acquisition of a photovoltaic portfolio from BayWa r.e. España, S.L. in Spain.
The 13 photovoltaic projects, located on the Spanish mainland and on the island of Majorca, contain ground-mounted and rooftop projects with a total capacity of 36 megawatts, and were installed between 2010 and 2013.
The Fieldfisher team was led by partner Daniel Marhewka, a corporate partner in Fieldfisher's Energy group, based in Munich. He was supported by senior associate Zuzana Meinecke Fábry. Fieldfisher worked closely with the Spanish law firm, GÓMEZ-ACEBO & POMBO Abogados, S.L.P., which advised with regards the due diligence of the projects and on the Spanish law aspects. BayWa r.e. España, S.L. was advised by the Spanish law firm Cuatrecasas, Gonçalves Pereira throughout the auction sale process.
Daniel Marhewka said: "This portfolio was one of the bigger photovoltaic portfolios traded in 2015, and we at Fieldfisher are very pleased to have been able to contribute to such a complex and significant transaction."