Life For Tyres (L4T) has unveiled a new plant for processing end-of-life tires in Puertollano. Built and operated by L4T, the facility is located in the Nava III Industrial Park in Puertollano and has the capacity to process 27,000 tons of end-of-life tires per year. End-of-life tires are subjected to a pyrolysis process which results…
On March 1st 2023, Mexico City’s Circular Economy Law came into force, which aims to encourage and promote responsible production and consumption habits through reuse, remanufacturing, and recycling. Three instruments created by this law aim to promote the implementation of sustainability policies in companies: (i) the circularity assessment procedure, (ii) the circularity label, and (iii) the…
With the issuance of Resolution 13 of 2023, the implementation of the Energy Efficiency Law of 2021 (Law 21305) is moving forward. This new resolution lists the companies that must actively manage their energy consumption and how it should be implemented. READ MORE
Grenergy, the independent power producer has closed a financing deal to build the Belinchón photovoltaic plant (Cuenca, Spain) with a green loan of €89.5 million. G-advisory has advised the banks involved in the project, Norddeutsche Landesbank – Gironzentrale and Bankinter, throughout the financing process, providing consulting services and technical and ESG advice which have helped…
On February 8, 2023, the lower house of the Polish parliament (the ‘Sejm’) adopted an amendment to the Law on Investment in Wind Power Plants and certain other laws. Previous provisions limited investment opportunities in wind power plants, as they required them to be built on average more than 1 km from residential buildings. In…
Social and environmental impact investment fund Q-Impact has closed its second €120 million private equity fund (Q-Impact II) aimed at helping the best SMEs, profitable companies that provide solutions to social and environmental challenges, to grow. Q-Impact II has formalized its investment in Bioenergy Ibérica, a company specializing in the design and installation of biomass…
G-advisory advised the international renewable energy company Sonnedix in purchasing a portfolio of 169 PV solar plants from Qualitas Energy. Total capacity was 136 MW. The plants, operational since the 2007-2014 period and located in Spain, receive regulated revenue under the specific remuneration regime established in Royal Decree 413/2014. With the deal, Sonnedix, present in…
Garrigues experts in the areas of transportation, logistics and mobility analyze the main regulatory challenges in the field of mobility, led by Alfonso Cuenca, legal adviser to the Spanish Parliament, Director of Studies of the Lower House of the Spanish Parliament and legal adviser to the Lower House Committee on Transportation, Mobility and the Urban…
Short-term electricity prices fell this quarter, on the back of lower gas prices. Medium and long-term prices remain flat, as they are less swayed by changes in gas prices over the short term. European and Spanish regulators rolled out many measures in 2022-Q4 to help alleviate soaring electricity prices, protect consumers and encourage the green…
