Acciona Recarga Advances with Exanergía Acquisition
Deal News | Apr 30, 2025 | Iberian Lawyer
Eversheds Sutherland has played a key advisory role in Acciona Recarga's purchase of Exanerga from Shell España. Exanerga formerly managed the Shell Recharge network in Spain and Portugal, beyond traditional service stations. The acquisition includes a total of 396 currently operational recharging points and an additional 321 in various stages of development. These are strategically located along highways, in shopping centers, and within hotels. This transaction significantly strengthens Acciona Recarga's presence as a leader in the electric mobility sector. The legal team who led the transaction from Eversheds comprised Partner Carlos Pemán, Counsel Rafael Cruz, Associate Ernesto Balda Aspiazu, Lawyer Elena Godoy Gascuana, and Legal Director Valle Arévalo Galán.
Sectors
- Electric Mobility
- Legal Services
- Energy
Geography
- Spain – The transaction involves recharging points that were part of the Shell Recharge network in Spain.
- Portugal – The acquisition also includes recharging locations within Portugal.
Industry
- Electric Mobility – The article highlights Acciona Recarga's focus on expanding its electric recharging network, which is a crucial component of the electric mobility sector.
- Legal Services – Eversheds Sutherland's involvement in providing legal advisory services for the M&A transaction places it within the legal services industry.
- Energy – The acquisition involves the purchase of electric recharging points, connecting it to the broader energy industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acciona Recarga | Buyer | Company | A company focused on expanding its electric recharging network. |
| Shell España | Seller | Company | Previously operated the Shell Recharge network in Spain and Portugal. |
| Exanerga | Target | Company | The company operating the Shell Recharge network's recharging points in Spain and Portugal. |
| Eversheds Sutherland | Legal Advisor | Company | Provided legal advisory services for Acciona Recarga in this transaction. |
| Carlos Pemán | Corporate M&A Partner | Person | Led the legal advisory team for Eversheds Sutherland. |
| Rafael Cruz | Counsel in Energy Area | Person | Part of the legal team from Eversheds Sutherland. |
| Ernesto Balda Aspiazu | Associate in Energy | Person | Member of the legal team from Eversheds Sutherland. |
| Elena Godoy Gascuana | Lawyer in Energy Area | Person | Part of the Eversheds Sutherland team advising the deal. |
| Valle Arévalo Galán | Legal Director of Labor | Person | Contributed to the legal advisory services for the deal. |