About
Provided by Pérez-Llorca
Pérez-Llorca’s Energy team is formed of highly-specialised lawyers with expert knowledge of regulated sectors, and, in particular, the energy sector, which enables them to give sound advice on all types of transactional work, mergers and acquisitions, demergers and asset sales of the main listed energy companies.
Pérez-Llorca’s Energy team advises public and private entities on matters with a Spanish or international component. Our advice includes:
- Administrative proceedings and legal defence: advice on administrative and contentious-administrative proceedings related to the most significant amendments to regulation in the sector. If necessary, we also provide defence counsel for these types of proceedings.
- Advice on contract negotiation and other obligations: advice to natural gas suppliers on supply contracts and obligations to submit information to the Ministry of Industry, Commerce and Tourism, the Spanish Corporation of Strategic Reserves of Oil-based Products (CORES) and the Spanish National Commission on Markets and Competition (CNMC). We also provide advice on processing authorisations and communications with the relevant bodies.
- Project Finance: advice on renewable energy project finance (photovoltaic, thermosolar, biomass and wind plants), natural gas and electricity, due diligence for investment funds and private equity companies, contract negotiation, O&M contracts, EPC contracts (turnkey projects), etc.
Chambers Review
A well-resourced domestic practice undertaking regulatory, transactional and litigious mandates, Pérez-Llorca prides itself on strong regulatory expertise across the spectrum of energy sectors, advising both highly active gas and renewable energy companies and international investors seeking to protect their interests in the Spanish market. Corporate transactions taking place within the energy space remain a major feature of the practice. The firm's clients further benefit from experience in large-scale project financing mandates and contentious-administrative proceedings before Spanish courts.
Work Highlights
- Pérez-Llorca advised CVC in relation to its 20% stake in Naturgy and the partial takeover bid for the company by IFM.
Strengths
Provided by Chambers
"They know what is important and what isn't. It's good in negotiations."
"Pérez-Llorca really helps us with commercial opportunities: they want us to find new transactions, they are knowledgeable about the market."
"They were able to advise us not only on the formal legal requirements but also practical considerations regarding the regulatory approval process and ways of mitigating potential commercial risks."
"They know what is important and what isn't. It's good in negotiations."
"Pérez-Llorca really helps us with commercial opportunities: they want us to find new transactions, they are knowledgeable about the market."
"They were able to advise us not only on the formal legal requirements but also practical considerations regarding the regulatory approval process and ways of mitigating potential commercial risks."
Notable Practitioners
Ana Cremades Leguina advances in the rankings due to strong market support. She provides counsel on regulatory aspects of transactional activities. She has a growing reputation for her handling of regulatory and contentious issues impacting renewable and oil and gas companies.
"Ana has a very deep knowledge of regulatory issues."
"She was on the other side, representing the administration before, so her experience is very good."
Ranked Lawyers at
Pérez-Llorca
Spain
Members
Provided by Pérez-Llorca
Ana Cremades
Head of Department
Dídac Severino
Head of Department