Standing out for its unparalleled track record in the fund finance space, the Madrid-based banking and finance team at Addleshaw Goddard acts for an impressive array of lenders and borrowers, including international and domestic banks, private equity firms and energy companies. The team, which demonstrates particular strength in the financing of renewable energy projects, often advises commercial lenders and the European Investment Bank on sophisticated project finance transactions. Department head Joaquín Sales is a name to note for financial institutions, funds and corporations seeking assistance with project, acquisition, corporate and asset finance matters. Key support is also offered by Félix Hernández, who excels in real estate and acquisition finance.
Testimonials
Collated independently by Legal 500 research team.
- 'The team has lawyers with extensive experience in all types of banking and financing transactions. With an emphasis on project finance, they are also experts in structured finance, corporate finance, bond issuance, guarantee contracts with multilateral institutions, etc. The structure of the team ensures that the client receives the best - and most dedicated - attention possible (unlike other larger firms).'
- 'The banking and finance team is headed by Joaquín Sales, a partner with extensive experience and unbeatable knowledge of all types of transactions that a finance department needs to know. His great dedication, precision in analysis, proactivity in the search for solutions, and always brilliant participation in calls with counterparties, make you always want to count on his legal advice.'
Key clients
- EDP Renováveis
- EDP Energías de Portugal
Work highlights
- Advised EDP on a sophisticated financing granted to a joint venture between EDP and Corporación Masaveu for the conversion of the Aboño thermal power plant to gas located in Asturias, Spain.
- Advised Banco Santander and the European Investment Bank (EIB) on a €553m green loan financing granted to listed renewable energy group Solaria, through several credit facilities, intended for the development of several solar photovoltaic projects.