Hogan Lovells Advises on Accelerated Bookbuilding for Grenergy Renovables
Deal News | Jun 20, 2025 | Hogan Lovells
Hogan Lovells, a global law firm, played a significant role in the accelerated bookbuilding offering (ABB) for 5.5% of Grenergy Renovables' share capital. The offering, coordinated globally by BofA Securities, was worth approximately €96 million. The participating joint bookrunners included BNP PARIBAS, CaixaBank, JB Capital Markets, and RBC Capital Markets. The transaction was led by leading members of the law firm's Capital Markets team, including igo Berrcano, Alex Parkhouse, and lvaro Albors, bolstered by the support of Pedro Beneyto and Mark Devlin. This financial maneuver should fortify Grenergy's market positioning by unlocking shareholder value, emphasizing the effective orchestration between legal advisors and market strategists.
Sectors
- Capital Markets
- Renewable Energy
- Legal Services
Geography
- Spain – Grenergy Renovables is domiciled in Spain, and the transaction is centered around its shares.
- Global – BofA Securities, a global coordinator, and other international banks were involved in the transaction, reflecting a global financial involvement.
Industry
- Capital Markets – The article discusses an accelerated bookbuilding offering (ABB), which is a financial process typically connected to the capital markets industry.
- Renewable Energy – Grenergy Renovables, the target company in the ABB, operates within the renewable energy sector.
- Legal Services – Hogan Lovells, a legal advisory firm, provided essential legal support for the transaction.
Financials
- 96 million – The total value of the accelerated bookbuilding offering (ABB) for the shares of Grenergy Renovables.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hogan Lovells | Legal Advisor | Company | A global law firm providing legal advisory services for the ABB. |
| Grenergy Renovables | Target Company | Company | A renewable energy company offering 5.5% of its share capital in the ABB. |
| BofA Securities | Global Coordinator | Company | Served as the global coordinator for the ABB. |
| BNP PARIBAS, CaixaBank, JB Capital Markets, RBC Capital Markets | Joint Bookrunners | Companies | Institutions involved in facilitating the ABB alongside BofA Securities. |
| igo Berrcano, Alex Parkhouse, lvaro Albors, Pedro Beneyto, Mark Devlin | Advisors | People | Members of the Hogan Lovells Capital Markets team involved in advising on the transaction. |