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
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…
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…
