Sidenhol partners with GreenYellow to promote energy self-consumption solutions

Cuatrecasas has advised Sidenhol on its partnership with GreenYellow to create a joint platform through which to invest €200 million in the development and operation of photovoltaic self-consumption projects.

The operation will mean the launch of a major player in the Spanish renewable ecosystem that, thanks to the synergies of both companies, will enable comprehensive offers of decarbonization, energy savings and sustainable transition in the field of promoting self-consumption solutions.

“The integration of GreenYellow, an entity owned by the Ardian fund, and Sidenhol, an Enhol group company, represents a strategic partnership in the Spanish market to develop innovative energy efficiency solutions for self-consumption and storage, which aims to become a major player in this market for large industrial energy consumers,” said Cuatrecasas partner and lead counsel Alejandro Bonitch. Bonitch was accompanied in these advisory services by a team of lawyers made up of Mariano Ucar, Álvaro Vierna and Leticia García-Gallardo (Corporate and M&A), and Ignacio Giner and Ana Giménez (Public Law).