editor1 | G-advisory

G-advisory participates in the first long-term energy sale and purchase agreement with a sovereign guarantee in Spain

Byeditor1 08/05/202308/05/2023

The companies Sonnedix and Sidenor Aceros Especial have signed the first long-term energy sale and purchase agreement for electricity-intensive industries. This is the first agreement of its kind backed by the Spanish Guarantee Reserve Fund for Electricity-intensive Entities (FERGEI) belonging to the Ministry of Industry, Trade and Tourism, whose operations are managed by Cesce. G-advisory took part…

Energy

Dispute resolution clauses in energy projects in Latin America

Byeditor1 25/04/202308/05/2023

In recent years, the number of infrastructure projects in the energy sector in Latin American countries has increased, and therefore, the possibility of disputes arising relating to them. In this article we discuss primarily dispute resolution clauses and the key points to be taken into account when agreeing on them. READ MORE

Climate change

Financial Times’ highlights Garrigues as a leading law firm in the fight against climate change

Byeditor1 24/04/202324/04/2023

The Financial Times and Statista Europe’s Climate Leaders 2023 ranking, lists the 500 European companies that have made the most progress in reducing their GHG emissions For the third year in a row, Garrigues has been recognized for its fight against climate change and has consolidated its position as the top-ranked European law firm that…

Risk & Compliance

Criminal compliance models as an indicator of the management of ESG factors and sustainability in companies

Byeditor1 30/03/202318/04/2023

Gabriel Castro and Beatriz Bustamante, partner and principal associate, respectively, of the Garrigues Litigation and Arbitration Department, and Juan Pablo Regojo, director of the Compliance Unit of the Nueva Pescanova Group, address the ‘Models of organization and management in companies for crime prevention from a practical perspective’, in a new edition of ‘The Garrigues Sustainable…

Environment and sustainability

Puertollano welcomes a new end-of-life tire depolymerization plant operated by Life For Tyres

Byeditor1 27/03/202328/03/2023

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…

Environment and sustainability

Mexico City’s Circular Economy Law enters into force

Byeditor1 09/03/202312/04/2023

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…

Energy

Implementation of the Energy Efficiency Law moves forward in Chile

Byeditor1 09/03/202312/04/2023

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

Energy | Environment and sustainability

G-advisory, technical advisor to the banks in the financing of the Belinchón 150 MW photovoltaic plant

Byeditor1 24/02/202313/03/2023

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…

Energy

Poland: Amendment of the Wind Energy Investment Act opens up new development opportunities

Byeditor1 15/02/202315/02/2023

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…