Leading law firms, Herbert Smith Freehills and Pérez-Llorca, have played a significant role in a €1.8 billion transaction within the renewable energy sector.
A Norwegian energy generator, Statkraft, has finalised an agreement to acquire the renewable business of the Spanish engineering and construction company, Elecnor Group. The business, named Enerfin, was purchased in a deal carrying an estimated enterprise value that comprises both equity and debt.
Details regarding the specifics of the deal remain sparse, largely due to the article being paywalled. Further information relating to both the acquisition and the involved parties can be found within the original Law.com article.