Mariscal & Abogados advisors for Chroma Impact Investment and Sun Capital Development Partners on the acquisition of 8 solar project vehicles in Spain

Mariscal & Abogados advises once again Chroma Impact Investment and Sun Capital Development Partners on their new acquisition of eight solar project vehicles in Spain with a capacity of 12.84MW from Univergy International S.L.

On this occasion, most of the projects were in the process to reach the PLA status. The portfolio is in the regions of Valencia and Andalucía.

Mariscal & Abogados’ legal help covered all the acquisition procedure, including, legal due diligence, advice on the Spanish regulatory framework for renewable projects, transaction structuring, corporate issues, and negotiating transaction documents (among others, development services agreements, EPC, and OM).

Team of the deal: M&A/Energy partner Alberto Álvarez, senior associate Irene Terrazas, and associates Jesús Alberto Martín, Isabel Prat and Salvador Gaitán.