CMS advises Encavis AG on the acquisition of a 300 MW photovoltaic plant in Talayuela (Spain)

CMS has advised German company Encavis AG on its entry into the Spanish renewable energy market through the acquisition of one of the country’s largest photovoltaic facilities, with a capacity of 300 MW and estimated investment of EUR 225 million.

Signed in October 2018, the deal involves the acquisition of an 80% stake in Genia Extremadura Solar, S.L., the owner of the facility to be built in Extremadura.

Encavis AG holds one of Europe’s biggest photovoltaic portfolios.

The team was formed by: Luis Miguel de Dios, partner CMS, Irene Miró, Elena Alcázar, senior associates CMS, Nerea Sanz, Tobías Kálnay, Jorge Durán y José Luis Rodríguez, associates CMS.