GA_P advises Banco Santander on financing granted to Greenalia

The Court of Justice of the European Union (Fourth Chamber), in its judgment of 1 August 2025, case C-665/23, IL v. Veracash SAS, concludes that a payer is deprived of the right to reimbursement of the amount of an unauthorised transaction if he or she delayed in notifying his or her payment service provider of the unauthorised payment transaction, even though he or she did so within 13 months from the debit date. This interpretation of the Payment Services Directive is applicable in Spain (Art. 43 RDL 19/2018) and appears to be retained in the future Regulation on payment services.

The Agreement on the interpretation and application of the Energy Charter Treaty gives the force and effect of law to the case law of the Court of Justice of the European Union, according to which Article 26 of the Energy Charter Treaty does not and could not apply as a legal basis for intra-EU arbitration proceedings as a mechanism for the settlement of disputes between a contracting State and an investor of another contracting State.

Royal Decree-law 7/2025 introduces new regulations which modify and extend the milestone system applied in the processing of renewable energy generation projects

Royal Decree-law 7/2025 introduces regulatory changes to the processing and deployment of electricity storage projects

The content of the Directive on credit servicers and credit purchasers, only of non-performing credit (NPC), has been transposed into Spanish law more than a year late. The Bill introduces the administrative regime for credit servicers and amends, among others, the Consumer Credit Act and the Real Estate Credit Agreements Act.

Santander Companies Court No. 2 Judgment no. 12/2025 of 21 February, which is not conclusive, is analysed.

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.

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.

A few thoughts on Articles 7 through 10 of the Public Service of Justice (Efficiency Measures) Act 1/2025 of 2 January.