GA_P advises Arendals Fossekompani on the sale of Cogen Energía

Gómez-Acebo & Pombo has advised Arendals Fossekompani, a Norwegian listed company, on the sale of Cogen Energia to MET Group.

The sale of Cogen Energia is part of a strategic move by Arendals Fossekompani to exit all fossil fuel positions. Cogen Energia is recognised as a major player in the Spanish cogeneration market. Cogen Energia’s cogeneration plants use waste heat from gas-fired electricity production to generate steam for nearby industrial partners.

The GA_P team consisted of: David González, Ignacio de la Fuente and Miguel Azpeitia, partner, associate and trainee, respectively, from the Corporate area, and Luis Gil, of counsel from the Public Law area.