Renewable Power Capital’s Joint Venture With Benbros Solar S.L.

Watson Farley & Williams advised Renewable Power Capital on the deal.

Renewable Power Capital formed a joint venture (“JV”) with Benbros Solar S.L. (“Benbros”), an experienced Spanish photovoltaic developer, to develop 14 solar energy projects across Spain. Through the partnership, RPC and Benbros will work together on a 3.4 GW portfolio of projects located in the Andalusia, Extremadura, Castille la Mancha, Aragon and Murcia regions.

RPC is a pan-European renewable energy investment platform established in 2020 by Canadian Pension Plan Investment Board (CPPIB) with its headquarters in London. It aims to further expand and develop the European renewables sector, accelerating its already rapid growth and playing a key role in making energy transition a reality. This JV marks RPC’s first entry into Spanish renewable energy market.

The WFW Madrid team advising Renewable Power Capital was led by Corporate/M&A Partner and Office Head María Pilar García Guijarro (Picture), working closely with Regulatory Partner David Diez and with Corporate Associates Javier Ruffin and Enrique Thomas de Carranza.

Involved fees earner: Enrique Thomas de Carranza – Watson Farley & Williams; David Diez – Watson Farley & Williams; María Pilar García Guijarro – Watson Farley & Williams; Javier Ruffin – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Renewable Power Capital Limited;

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Federica Tiefenthaler

Author: Federica Tiefenthaler