Watson Farley & Williams (“WFW”) has advised RIVE Private Investment, an independent investment firm specialising in real assets, on the sale of two operating onshore wind farms in southern Spain to Helia Renovables III, a renewable private equity fund structured and raised by Bankinter Investment and managed by Plenium Partners. The assets represent a total installed capacity of 28.2 MW.
The portfolio currently produces clean energy equivalent to the electricity consumption of about 23,000 households, thus contributing to the energy transition by reducing greenhouse gas emissions by about 12,000 tons of CO2 per year.
The cross-border WFW team that advised RIVE Private Investment was led by Paris Corporate Partner Arnaud Félix, assisted by Associate Domitille Cabaud, working in close collaboration with the Madrid team advising on Spanish law matters, including, on corporate matters, Senior Associate Román Pazos and Associate Mar Clavijo, on regulatory matters, Regulatory Partner David Diez, assisted by Senior Associate Lidia Fernández and Associate Paula Pérez, and, on the finance aspects, Senior Associate Jacobo Hermidas and Associate Diana Palazón.
Plenium Partners and Bankinter Investment were advised by a team from Spanish law firm Gómez-Acebo & Pombo.
