CORE, Garrigues’ compliance risk management tool, was the runner-up for the “Most Innovative Client Service” award from the London-based Managing Partners Forum (MPF). These awards recognize European firms’ efforts to implement innovative management approaches to deliver even more efficient and quality services to clients. MPF experts valued Garrigues’ project to develop a software tool that…
In recent months, G-advisory, the Garrigues Group’s consultancy subsidiary, advised the independent solar power producer Sonnedix in its acquisition of 12 PV plants. Sonnedix, which is majority-held by institutional investors advised by J.P. Morgan Asset Management, has brought its installed capacity to 46.7MW, making it the largest solar PV player in Spain. The deal covered…
G-advisory was the technical advisor to Banco Security in its funding of 11 3MW PV solar plants. Three of the 11 plants are currently in operation, while the remaining eight are slated to come online before the end of 2018. G-advisory performed the pre-funding technical due diligence and will continue to advise the bank up…
Last Tuesday, February 13, Saypower held its “Mexico: A Renewables Powerhouse” event, featuring speakers such as Ana Sainas (first secretary of ProMéxico), Guillermo Zúñiga (National Commissioner with Mexico’s Energy Regulatory Commission (CRE)), Máximo Martín (G-advisory partner) and Josep Montañés (Director of Project Finance at Banco Sabadell). Following the CRE’s detailed commentary on the state of…
The legal regime governing contaminated soil in Spain is defined in Contaminated Soil and Waste Law 22/2011, of July 28, 2011, and supplemented in Royal Decree 9/2005, of January 14, 2005, establishing the list of potentially soil-contaminating activities and the criteria and standards for a declaration of contaminated soil. Order PRA/1080/2017, of November 2, 2017, amending Schedule I of…
Ministerial Order APM/1040/2017, of 23 October, establishing the deadline for the creation of compulsory financial guarantees for the activities set out in annex III of Law 26/2007, of 23 October, on Environmental Liability, has recently been approved, containing an essential requirement for the exercise of certain professional activities which cause or threaten to produce imminent environmental…
Last Wednesday, November 15, Garrigues and G-advisory held a working breakfast to explain the latest legal and technical developments in the electricity sector to financial institutions in Mexico. Pedro Saavedra, the partner in charge of the firm’s Mexico office, introduced the session and welcomed the attendees to the meeting held at the Four Seasons Hotel….
The second edition of Metallic Mining Hall, on course to become the largest metallic mining congress held in Europe every two years, took place in Seville on October 17, 18 and 19. Metallic mining has seen a resurgence in the southwest of the Iberian Peninsula and is currently, and will be in the future, a…
The Financial Times has held its awards celebrating innovation in the European legal sector. In the Business of Law category, the UK publication recognized Garrigues’ and G-advisory’s work on developing CORE, an IT application which enables the management of a comprehensive regulatory compliance system. This initiative, which has already been successfully implemented at several clients,…
