Go back to News
NEWS
GA_P advises Arendals Fossekompani on the sale of Cogen Energía
29 of July, 2021
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.
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.
Press contact
Director of Business Development, Marketing and Communications
Director of Business Development, Marketing and Communications
More information about
Gómez-Acebo & Pombo
6 days ago 
PUBLICATION
25 Mar, 2025
A first ranking mortgage does not prevent a creditor from accelerating loan maturity due to debtor insolvency
If the creditor has a secured claim (even if the debt is covered by the "value of the security", i.e. the claim is in the money), the debtor cannot avoid the effects of the to-term forfeiture by appealing to the existence of that security because the guarantee referred to in Article 1129(1) of the Civil Code (avoiding to-term forfeiture) must then be another additional guarantee.
25 Mar, 2025 
PUBLICATION
25 Mar, 2025
La existencia de una hipoteca de primer rango no impide que el acreedor pueda declarar el vencimiento anticipado del plazo por insolvencia sobrevenida del deudor
Si el acreedor goza de una garantía real para la seguridad de su crédito (incluso si la deuda está cubierta por el «valor de la garantía», es decir, que el crédito está in the money), el deudor no puede evitar los efectos de la pérdida del plazo apelando a la existencia de aquella garantía real porque la garantía a que se refiere el artículo 1129.1.º del Código Civil (evitadora de la pérdida del plazo) deberá ser entonces otra garantía suplementaria.
25 Mar, 2025
PUBLICATION
20 Mar, 2025
Use of environmental claims in advertising: the Iberdrola v. Repsol case
Santander Companies Court No. 2 Judgment no. 12/2025 of 21 February, which is not conclusive, is analysed.
20 Mar, 2025
PUBLICATION
14 Mar, 2025
A good ruling on financial assistance: collateral given to secure third-party borrowings is not invalid
This latest Supreme Court ruling on the prohibition of financial assistance in the purchase of shares in the assisting company (assisting as ‘borrower for third party debt’) is to be praised, erasing the bad taste left by the reading of the immediate precedent (Supreme Court Judgment of 20 April 2023, Ezentis) which held an agreement to underwrite the value of the shares sold by the company invalid.
14 Mar, 2025
PUBLICATION
11 Mar, 2025
A new Portuguese electric mobility regime taken out to public consultation
On 26 February 2025, the Cabinet approved a proposal for a decree-law repealing and replacing, with profound changes, Decree-law 39/2010 of 26 April, which established the Legal Regime for Electric Mobility.
11 Mar, 2025
PUBLICATION
24 Feb, 2025
The Offshore Renewable Energy Strategy approved by Cabinet Decision no. 19/2025 of 7 February
Cabinet Decision no. 19/2025 approves the Allocation Plan for Offshore Renewable Energy, which seeks to exploit wind energy along the Portuguese coast and achieve energy independence, transition and sustainability.
24 Feb, 2025
PUBLICATION
29 Jan, 2025
Medidas y prórroga de medidas laborales y de seguridad social a la espera de los Presupuestos Generales del Estado
Ante la ausencia de Presupuestos Generales del Estado, se aprueban medidas urgentes que, en el ámbito laboral y de la Seguridad Social, permiten actualizar algunas cuantías y aplicar algunas normas previstas para el 2025.
29 Jan, 2025
PUBLICATION
10 Jan, 2025
Changes to the EU-ETS scheme: Analysis of Decree-law no. 101/2024 of 4 December
Decree- law no. 101/2024 redefines the EU-ETS, laying down new GHG reduction targets and driving the adoption of low- or zero-carbon technologies, it brings Portugal into line with the European Union's climate objectives.
10 Jan, 2025
PUBLICATION
09 Jan, 2025
Questionable constitutionality of Royal Decree-law approving a temporary energy levy previously rejected by the Spanish Parliament
By way of Royal Decree-law 10/2024 of 23 December for the establishment of a temporary energy levy during 2025, the Spanish government has ‘reintroduced’ a levy whose extension had just been rejected by Parliament, an unprecedented and dubiously constitutional move.
09 Jan, 2025