Peru may be headed towards a more fulsome renewables market in 2025, bolstered by recent changes in energy laws intended to level the playing field for wind and solar. In view of upcoming activity, we have prepared a list of key bankability topics for project sponsors, investors and lenders in relation to typical structuring issues…
Commission Implementing Regulation (EU) 2024/3172 introduces new obligations for credit institutions, which will have to disclose half-yearly information on environmental, social and governance (ESG) risks, as well as on the impacts of climate change. This regulation, applicable from January 2025, aims to improve transparency and consistency in prudential risk management. The main purpose of Commission…
The regulation establishing a standard for issuers using the designation ‘European Green Bonds’ (EuGB) is now in effect, but the legislative process is not yet complete: a new delegated regulation, currently under consultation, details all the post-issuance information that must be provided. Since December 21, 2024, the European Green Bond standard (set out in Regulation 2023/2361)…
The shareholders’ meeting of Garrigues has appointed Guiomar Rubio as new partner of G-advisory, its technical, economic and strategic consulting subsidiary in Energy and ESG matters, at its Madrid office. Guiomar has been appointed along with 17 other new partners of Garrigues appointed in four practice areas, in 10 offices of 4 countries. This shows…
The embedding of ESG factors in corporate governance and the prominent role of proxy advisors were key topics in the seminar How Institutional and Proxy Advisors Approach Sustainability at Listed Companies, organized by Garrigues Sustainable Dialogs. In an increasingly sustainability- focused business world, institutional investors – and their proxy advisors – are redefining their strategies…
In a new edition of Garrigues Sustainable Dialogs, we covered the most relevant and complex legal and technical aspects that companies should consider when drafting their sustainability report pursuant to the CSRD Directive. The Council of Ministers has made progress in the transposition of Directive (EU) 2022/2464 of the European Parliament and of the Council…
Masdar, a renewable energy firm based in Abu Dhabi, has signed a deal with Canadian fund Brookfield to purchase Saeta Yield for $1.4 billion (€1.2 billion). G-advisory acted as technical adviser to the seller. With this transaction, Masdar now controls a 745 MW portfolio of green assets already in operation in Spain and Portugal, centering…
As part of the Financial Times Innovative Lawyers Awards 2024, Garrigues (of which G-advisory is the consulting arm) has received an award in the “Skills and Development” category for driving the digital transformation of its professionals, which translates into projects that have an impact both internally and for clients. Specifically, the publication has assessed that,…
AUTHOR: Luis Cabrera, principal in the area of ESG at G-advisory.
