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

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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…

Dispute resolution clauses in energy projects in Latin America

Dispute resolution clauses in energy projects in Latin America

Byeditor1

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

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

Byeditor1

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…

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

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

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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…

Sonnedix buys 169 Qualitas Energy 136 MW PV solar plants, advised by G-advisory

Sonnedix buys 169 Qualitas Energy 136 MW PV solar plants, advised by G-advisory

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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…

MIBEL electricity prices break with those of Europe, with the Spanish MWh priced considerably lower than that of many neighboring countries

MIBEL electricity prices break with those of Europe, with the Spanish MWh priced considerably lower than that of many neighboring countries

Byeditor1

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…

Altano Energy to build 107 MW renewables portfolio, with G-advisory acting as technical and environmental adviser of the financing

Altano Energy to build 107 MW renewables portfolio, with G-advisory acting as technical and environmental adviser of the financing

Byeditor1

Altano Energy has completed a long-term non-recourse financing deal of approximately €90 million with Santander Corporate & Investment Banking for a 107 MW renewables portfolio. The portfolio includes hydro assets in operation and a ready-to-build PV plant in Spain and will supply more than 80,000 homes with clean energy. G-advisory acted as technical and environmental…