Garrigues has again been recognized as one of the 100 most responsible companies in Spain according to the 2023 Merco Responsibility ESG ranking published today. This morning, the Corporate Reputation Business Monitor (MERCO) published its annual list of the 100 most responsible companies: Merco Responsibility ESG. Garrigues took the top spot yet again as the most…
The Ministry of Energy has submitted amendments to the current regulations on capacity payments to the Office of the General Comptroller, which include storage systems. This regulation was largely expected by the market, given the need of enabling investments in battery storage. READ MORE
We analyze the challenges and opportunities of the new regulation for companies and assurance providers. The EU Corporate Sustainability Reporting Directive (CSRD), of December 14, 2022 (the transposition of which into Spanish law is already at the preliminary bill stage) marks a material change in the sustainability information to be provided by many companies in…
In this newsletter we compile the most relevant legal news on ESG matters in Spain, published by Garrigues. READ MORE
To protect the environment and human health, the Commission has decided to restrict the use of synthetic polymer microparticles intentionally added to products. The European Commission has approved Commission Regulation (EU) 2023/2055 of 25 September 2023, published in the Official Journal of the European Union on September 27, 2023, amending Annex XVII to Regulation (EC) No…
We are pleased to showcase the main legal and market developments for the energy sector in Chile and Peru. Garrigues teams focused on Energy in Chile and Peru address topics of interest to sponsors, developers, financiers and other stakeholders in the sector, such as draft bills, summaries of new laws, relevant case law and trends…
The deadline to submit offers for the five wells located on the two parcels is October 16. Through the Financing and Risk Transfer Program for Geothermal Energy in Mexico, the Inter-American Development Bank (IDB) will allocate funds for this new tender after the first one was declared cancelled last July 2023 due to lack of…
Elecnor has just registered a multi-currency commercial paper program on the Alternative Fixed-Income Market (MARF) with a maximum outstanding balance of €400 million. For this program, which is linked to the fulfillment of sustainability targets and runs until June 2024, the company has engaged the services of G-advisory, which will handle the necessary reports. The…
They will have to choose between an individual scheme or join a collective extended liability scheme On December 29, 2022, Royal Decree 1055/2022, of December 27, 2023 on containers and waste containers came into force, with the exception of the obligations imposed in relation to the container market, which will do so in 2025. READ MORE
