Mariscal Abogados assisted Tadiran Group and Volta Solar, two companies specialising in renewable energy, in structuring their long-term joint venture in Spain.
This transaction represents a market entry strategy into the Spanish renewable energy sector, combining the technical expertise and industry knowledge of both companies to establish a strong, sustainable presence in the country.
The joint venture focuses initially on industrial solar self-consumption projects, an area experiencing rapid growth in Spain due to regulatory incentives and increasing demand from commercial and industrial clients.
The newly established Spanish entity is already involved in the negotiation and structuring of key energy contracts, including:
- Power Purchase Agreements (PPA)
- Engineering, Procurement and Construction (EPC) contracts
These agreements are essential for the development, financing, and implementation of photovoltaic projects in Spain.
Key Legal Considerations
From a legal perspective, entering the Spanish energy market through a joint venture requires specialised advice in:
- Structuring joint ventures for foreign investors
- Regulatory compliance in the renewable energy sector
- Drafting and negotiating PPA and EPC agreements
- Managing risk allocation between partners
- Ensuring long-term project bankability
Mariscal Abogados provided full legal support throughout the market entry process, including corporate structuring, drafting and negotiation of agreements, and ensuring compliance with Spanish regulatory requirements.
The legal team was led by Irene Terrazas, with the support of Ruth Trullenque and Guillermo Contreras, specialists in cross-border transactions and renewable energy projects in Spain.
If your company is considering entering the Spanish renewable energy market, setting up a joint venture, or developing solar projects, having specialised legal advice is essential to ensure a smooth and compliant execution.
At Mariscal Abogados, we advise international investors, energy companies, and developers on market entry, joint ventures, and renewable energy projects in Spain.
