After several years of uncertainty in the area of renewable energies, a Royal – Decree (413/2014) was published, establishing a new legal framework for renewable energy. It sets the new remuneration that the facilities will receive in the following six years.
Currently, we advise on the following matters:
- Judicial and arbitration claims derived from previous regulation, both in litigation against the Kingdom of Spain as well as those arising from the implementation of the International Energy Charter.
- Renegotiations of Operation and Maintenance’s contracts as well as the ones arising from compliance of the Debt Service.
- Transmission of plants to third parties. The number of private investors interested in acquiring these assets is on the rise, attracted by the low price transmissions, together with Capital costs in a country again in the path of economic growth.
We are in the right position to help the captive investor in renewable energies to find the most suitable solution, whether disinvestment, refinancing, or restructuring.