MET Group acquires Cogen Energía España

Swiss group MET has acquired the cogeneration project company Cogen Energía España. Cuatrecasas lawyers Mariano Ucar, Luis Pérez de Ayala, Alejandro Bonitch, Sora Park, Andrea Martín de Ramón and Alessandro Jones Capobianco advised the MET Group on the purchase process.

Cogen Energía España has three main business lines: exploitation of own assets (seven cogeneration plants with a total installed capacity of 75MW), renting of operations and maintenance assets and services for third parties, and provision of services for the electricity market.

With this transaction, the MET Group completes its first large investment in the Spanish cogeneration sector.