TTR In The Press
Iberian Lawyer
November 2022
TTR and Datasite publish a report on renewable energies
TTR and Datasite have published a new report: “Renewable Energies: Prospects for the M&A market in Spain” until the third quarter of 2022.
This report provides an overview of the energy sector in the iberian market and its prospects, as well as the work of legal and financial firms in large M&A transactions, through the special publication of the legal and financial ranking of the spanish M&A market in the renewable energy sector.
According to the report, the renewable energy sector in Spain experienced a 64% increase in 2021. The volume of M&A transactions in the energy sector grew steadily over the last four years, before declining sharply in 2022, while the aggregate value remained relatively stable.
Also, TTR and Datasite, have compiled a specific ranking of leading M&A firms up to the third quarter of 2022, both in terms of capital mobilised as well as number of transactions. According to the ranking data, M&A advisory in the renewable energy industry in Spain is led in 2022 by Gómez-Acebo & Pombo, with 16 transactions, followed by Garrigues, with 12 transactions. In terms of capital raised, Allen & Overy leads with €10.399m, followed by Freshfields Bruckhaus Deringer with €5.739m.
Finally, in the financial advisors category, by number of transactions, Lazard and Banco Sabadell M&A Unit lead with 3 transactions each. In terms of capital raised, PJT Partners led with €5,526m and Rothschild with €4,826m.
Source: Iberian Lawyer - Spain