Clifford Chance has advised Repsol on the sale to Schroders Greencoat of a 49% stake in a 400 MW wind and solar portfolio located in Spain, valued at EUR 580 million.

The portfolio includes eight wind farms, totaling 300 MW, in the northern Spanish provinces of Huesca, Zaragoza, and Teruel. The agreement also includes two solar plants, totaling 100 MW, in the province of Palencia. All the assets are expected to become operational during the first half of 2025.

The Clifford Chance team advising on the transaction was led by Corporate / M&A partner Luis Alonso and counsel Javier Hermosilla, supported by associates Íñigo Navarrete and Sofía Albiñana. The team also included partner José Luis Zamarro and associate Mónica Romero from the Public Law department as well as counsel Begoña Barrantes from the Antitrust department.