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Clifford Chance advises an affiliate of GALP Energia on its EUR 26 million refinancing in connection with a 50 MWp PV plant in Zaragoza

28 October 2021

Clifford Chance advises an affiliate of GALP Energia on its EUR 26 million refinancing in connection with a 50 MWp PV plant in Zaragoza

Clifford Chance has advised Energia Sierrezuela, a company belonging to the group of the Portuguese multinational energy corporation GALP Energia, on its EUR 26 million refinancing in respect to, among others, the development, construction and operation of a 50 MWp PV plant located in Zaragoza (Spain).

The Spanish Clifford Chance team included Project Finance lawyers Eduardo Sánchez, Gabriel Miranda, Elena Euba and partner José Guardo, as well as Derivatives lawyer, Ángel Muñoz. Additionally, Carl Fitzgerald advised on the English law aspects of the deal.

Clifford Chance has a team that specialises in environmental, social and corporate governance (ESG) standards and the legal advice on this deal reflects our team's commitment to shaping innovative financing structures of this type.