Europe - Portugal

Uría Menéndez – Proença Carvalho

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A variety of clients - including financiers, concessionaires, funds, and companies - turn to Uría Menéndez – Proença Carvalho for assistance with the structuring and financing of greenfield projects; M&A involving regulated assets, refinancing transactions, PPPs, and dispute resolution are also part of the firm's service offering in this space. Co-head Bernardo Diniz de Ayala excels in guiding grantors, sponsors, and lenders in project finance deals, which is also a key area of expertise for fellow co-leader Antonio Villacampa. Other noteworthy individuals include João Louro e Costa, who oversees cross-border transactions within the transport and energy sectors, and Gonçalo Andrade Sousa, who offers expertise in project development, PPPs, and M&A in regulated sectors. Former head of the practice Pedro Ferreira Malaquias is no longer at the firm.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘It is a team with high technical and sector knowledge.’

  • ‘Bernardo Ayala is an excellent lawyer who is always present in all topics. Gonçalo Andrade Sousa is very dedicated and knowledgeable of the subject and the sector.’

  • ‘Uría Menendez - Proença de Carvalho has unparalleled knowledge in the market. This firm includes several members with excellent technical capacity, in-depth knowledge of the sector, speed, attention to detail, and sophisticated services.’

  • ‘João Louro e Costa coordinates a highly qualified projects team, capable of providing answers to complex questions in very competitive times and with a level of detail and depth that exceeds, in many cases, our expectations.’

Key clients

  • P2X-EUROPE GmbH & CO. KG
  • Iberdrola Renewables Portugal, S.A.
  • Euroscut Açores (Cintra-Ferrovial Group)
  • AEDL – Autoestradas do Douro Litoral, S.A. and the Portuguese State
  • KGAL Portuguese PV
  • Floene Energia, S.A.
  • Banco Santander Totta, S.A.
  • BlackRock Investment Management (UK) Ltd.
  • Axpo Iberia, S.L.
  • Bright Sunday AB
  • AGS - Administração e Gestão de Sistemas de Salubridade, S.A.
  • Sunshining, S.A.

Work highlights

  • Advising Euroscut Açores (Cintra-Ferrovial Group) on the financial rebalance procedure of the Açores motorway concession.
  • Assisting P2X Europe with all aspects of developing and implementing an innovative, commercial scale, “power-to-liquid” eFuels industrial project.
  • Advising KGAL on the development of an 82 MW solar photovoltaic plant, including the negotiation of the EPC and O&M contracts.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Bernardo Diniz de Ayala, Antonio Villacampa

Other key lawyers

Antonio Villacampa, João Louro e Costa, Gonçalo Andrade Sousa