Project Finance | Europe

Clifford Chance is superbly positioned within both the Spanish and international landscape with its hugely respected banking practice. The law firm advises on the financing or refinancing of energy and infrastructure projects across Spain and Latin American jurisdictions. Furthermore, the department is held in high esteem due to its capabilities in acquisition and corporate finance transactions as well as debt refinancing and ESG-linked loans. With its experience in assisting prestigious borrowers and lenders alike, the team is well placed to advise a broad spectrum of clients and mandates. Thanks to its English-qualified lawyers and excellent international network, Clifford Chance is frequently mandated for cross-border matters and foreign law-governed transactions concerning Spain.

As one of Spain's leading banking and finance law firms, Cuatrecasas regularly handles large and highly complex mandates for its prestigious clientele comprising Spanish corporates, capital funds and banking syndicates. The practice has a proven track record of representing debtors in major refinancing and debt restructuring matters, with additional experience acting for lenders and financial sponsors. Cuatrecasas is particularly renowned for its excellence in infrastructure and energy project financings across Spain. The firm has further expertise in NPL transactions and corporate financings. The highly regarded fund formation team sits within a broader financial services regulatory practice that advises on M&A deals, the establishment of local branches of European entities or the launch of new products as well as cryptocurrencies. Due to its presence in the UK and Latin America, Cuatrecasas is particularly well positioned to assist with international mandates.

Garrigues's outstanding team is regularly sought after for its expertise across the full spectrum of banking and finance mandates. The department is especially known for its prowess in advising on significant project finance agreements that facilitate energy and infrastructure developments in Spain and abroad, including those with ESG components. Furthermore, Spanish corporates and banks appreciate the firm's strength in refinancings, acquisition and asset finance transactions. The law firm complements its holistic offering with its presence in finance regulatory mandates, especially those pertaining to the authorisation and setting up of new investment vehicles and M&A transactions.

The Spanish law firm Gómez-Acebo & Pombo houses a strong banking and finance practice. The team enjoys a particularly strong reputation for its capabilities in complex energy and infrastructure finance projects as well as debt refinancing and restructuring. While mostly acting on behalf of investment banks, commercial banks and hedge funds, the firm is also sought after by Spanish corporates. Gómez-Acebo & Pombo supplements its strong service offering with additional prowess in handling asset and acquisition finance transactions.

One of Spain's top law firms, Uría Menéndez houses a highly established banking and finance practice. The department boasts considerable expertise in distressed finance mandates, including standout mandates on the lender side of high-profile debt restructuring operations. Additionally, clients benefit from the firm's prowess in handling complex NPL portfolio sales and large acquisition finance cases. The team is regularly appointed to act for lenders on the negotiation of syndicated loans in favour of Spanish borrowers, with proven experience in real estate, hospitality and energy project finance mandates. Uría Menéndez is a top choice for a broad spectrum of clients and mandates.

Watson Farley & Williams enjoys a strong reputation for handling large energy project finance matters, especially those in the renewables sector. The law firm also assists with asset finance transactions and real estate deals as well as refinancings and corporate financings. Its clientele comprises well-known banking syndicates and capital funds as lenders as well as corporate borrowers. Aided by its large office network, the team regularly handles cross-border mandates, which makes it a great choice for clients seeking comprehensive and multi-jurisdictional advice.

Allen & Overy houses an excellent banking and finance department based in Madrid. The team regularly advises lenders on large acquisition finance transactions, including leveraged buyouts. With the presence of Charles Poole-Warren and its strong UK office, Allen & Overy is well positioned to assist with English law-governed transactions in Spain, especially in cases of the refinancing of syndicated loans. Furthermore, the law firm is appreciated for its notable strength in real estate and project finance mandates, with a particular experience in energy sector transactions. Additionally, clients benefit from a growing presence in regulatory mandates, including the restructuring of entities, digital payment services and M&A transactions. Its prowess in advising well-known borrowers as well as lenders makes Allen & Overy a great choice for a diverse clientele.

With its expertise across the full spectrum of banking and finance transactions, the department at DLA Piper is often mandated by key Spanish and foreign banks. Clients regularly seek advice on refinancings, debt restructuring and acquisition finance deals, especially those in the mid-cap sector. The team assists with syndicated loan facilities, having additional experience in high-value mandates that entail the refinancing of major Spanish borrowers. The team complements its strong services with its further expertise in the financing of energy and infrastructure sector projects across Spain and Latin America. The Madrid-based department also offers UK law expertise.

Herbert Smith Freehills is appreciated by lenders and borrowers such as banking syndicates, capital funds and Spanish corporates for its expertise in banking and finance transactions. The law firm is a popular choice to advise on mid-market acquisition and corporate financings as well as large refinancings. Its expertise in LBO financing adds to the firm's broad offering. The team assists with project financings, especially those pertaining to the energy and real estate sectors. Due to its cooperation with its corporate and construction law experts as well as its international reach, Herbert Smith Freehills is well positioned to offer comprehensive services.

Jones Day offers strong acquisition finance capabilities, having acted both for lender syndicates and for key private equity funds. The law firm also assists with complex debt refinancings and has expertise in advising borrowers as well. The firm complements these services with its further abilities in project finance facilities, especially those pertaining to renewable energy and real estate across various jurisdictions. With a strong Madrid office and a solid international presence, Jones Day remains an attractive choice for cross-border mandates.

Pérez-Llorca houses a respected banking and finance team. The firm enjoys a strong standing among well-known lenders for its expertise in refinancings, debt restructuring and corporate and asset financings. Additionally, clients benefit from Pérez-Llorca's prowess in handling real estate and construction related financings. The team also offers project finance expertise on large energy-related transactions, especially in relation to renewables. Both national and international clients feel well taken care of by the firm.

Linklaters houses a top-tier banking and finance practice with excellent bench strength. The department is heavily involved in leveraged buyouts and refinancing transactions, and often advises large lending syndicates or financial sponsors on high-value finance transactions. The department additionally assists with the negotiation of credit facilities that incorporate sustainability targets for borrowers. Furthermore, Linklaters assists major Spanish corporates with various transactions ranging from the refinancing of debt through to new project finance transactions in the renewable energy sector. The law firm complements its services with its expertise in standalone regulatory mandates for banks and financial services companies, advising on EU-wide regulations, compliance in M&A matters and market entries. The team is also active in project finance.