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GA_P advises Banco Santander on financing granted to Greenalia
Gómez-Acebo & Pombo has advised Banco Santander in connection with a financing granted to Greenalia Power Development to, among other things, develop several wind projects with a cumulative capacity of 1,847.3 MW and several solar photovoltaic projects with a cumulative capacity of 659.9 MW.
The GA_P team was formed by Verónica Romaní, Amelia Buergo, Carlos de la Luna and Cecilia Herreros from the Banking area.
The GA_P team was formed by Verónica Romaní, Amelia Buergo, Carlos de la Luna and Cecilia Herreros from the Banking area.
Lawyer mentioned
Verónica Romaní – Partner
Carlos de la Luna – Senior associate
Category
Deal
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Gómez-Acebo & Pombo
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Consequences of the contractual link between individual bank loans taken out by commonhold unit-holders and restoration work agreed between the commonhold association and a third party
Supreme Court Judgment no. 919/2016 of 16 June is groundbreaking in two respects: first, in holding that unit-holders are parties to a contract between the commonhold association and a third party; and second, in holding that this contract is linked to the loan agreements concluded by a bank with said unit-holders.
PUBLICATION
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The business judgment rule in a cooperative’s purchase of a financial product that ultimately fails
The first ruling to actually apply the business judgment rule in the determination of a claim in relation to liability.
PUBLICATION
08 Oct, 2026
Ministerial Order TED/966/2026 of 15 September: creation of Spain’s capacity market
The creation of the capacity market will ensure availability of power in the mainland electricity system by paying providers that undertake to make capacity available during periods of stress, thereby ensuring the security of electricity supply.
PUBLICATION
18 Sep, 2026
Resolved bank found liable as pledgee of third-party owned shares in the bank
The fiduciary nature of the managed investment relationship supports the view that the bank should be liable for the loss of the pledged item because there would not have been such loss had the client’s order been executed prior to the bank’s resolution — but not for the reason given in the judgment.
PUBLICATION
11 Sep, 2026
Public consultation now open on the Royal Decree regulating the requirements for energy sustainability, environmental sustainability, digital resilience and digital sovereignty applicable to data centres
PUBLICATION
13 May, 2026
Supreme Court rules on ‘administrative silence’ in the electricity sector: “public service” or “service of general economic interest”
The Supreme Court judgment of 10 April 2026 characterises the concept of public service under Article 24(1) of Act 39/2015 as an exception to the ‘double silence’ rule, distinguishing it from the concept of service of general economic interest, which applies in liberalized sectors such as that of electricity supply. The Supreme Court thus concludes that in seeking an authorisation to close a combined-cycle power plant, the ‘double silence’ rule applies to the effect of a presumption of approval.
PUBLICATION
31 Mar, 2026
Royal Decree-law 7/2026: electricity grid access and connection measures
The measures related to grid access and connection respond to investor interest in large-scale decarbonization projects, data centres, electric mobility, and energy storage, and aim to reduce the current hoarding of demand-side access.
PUBLICATION
30 Mar, 2026
Changes to the administrative milestone system for renewable energy production projects introduced by Royal Decree-law 7/2026
Royal Decree-law 7/2026, of 20 March, approving the Comprehensive Plan to Address the Crisis in the Middle East - published in the Official Journal of Spain on 21 March - introduces significant changes to the regulation of the electricity sector. Although it needs to be ratified by Parliament, generally speaking it came into force on the day of its publication.
PUBLICATION
26 Mar, 2026
Royal Decree-law 7/2026: measures in support of electro-intensive consumers
Reduced connection charges for electro-intensive consumers and the Fund for the Promotion of Industrial Decarbonization will help improve the industrial sector's competitiveness in the current economic climate.