Iberdrola Finalizes Sale of Spanish Mini-Hydroelectric Portfolio
Deal News | Jul 11, 2025 | Iberian Lawyer
In a strategic move, Iberdrola, one of the world's leading utility companies, has finalized the sale of a portfolio consisting of ten mini-hydroelectric power plants located in Spain. This operation, which is part of Iberdrola's asset rotation strategy, was strategically advised by the law firm Pinsent Masons. The transaction saw Green Energy Platform (GEP), owned by Renewable Power International and Cube Infrastructure Managers, acquiring these assets. Iberdrola's portfolio comprises operational plants with a combined capacity of 31 MW, sprawled across the regions of La Rioja, Navarre, Castile-La Mancha, and Castile and León. Known for its global presence and focus on renewable energy, Iberdrola's decision to offload these non-strategic assets underscores its commitment to refocus resources on more pivotal endeavors.
Sectors
- Renewable Energy
- Legal Advisory
- Utilities
Geography
- Spain – The mini-hydroelectric plants sold are located in various regions of Spain.
Industry
- Renewable Energy – The sale involves mini-hydroelectric power plants, which are part of the renewable energy sector.
- Legal Advisory – Pinsent Masons provided legal advice for the transaction, highlighting the role of law firms in M&A activities.
- Utilities – Iberdrola is a major player in the utilities sector, involved in power generation and transmission.
Financials
- 31 MW – Total installed capacity of the mini-hydroelectric plants sold by Iberdrola.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Iberdrola | Selling Company | Company | A leading global utility company engaged in power generation, transmission, and focused on renewable energy. |
| Pinsent Masons | Legal Advisor | Company | An international law firm that provided legal advice for Iberdrola's asset sale. |
| Green Energy Platform (GEP) | Bidding Company | Company | The acquiring entity owned by Renewable Power International and Cube Infrastructure Managers. |
| Renewable Power International | Equity Owner | Company | A company with investment interests in renewable energy platforms. |
| Cube Infrastructure Managers | Equity Owner | Company | Co-owner of the Green Energy Platform, specializing in infrastructure and renewable energy investments. |
| Juan de Navasqs | Partner | Person | Partner at Pinsent Masons advising on the transaction. |
| Alfonso Bayona | Partner | Person | Partner at Pinsent Masons involved in the transaction. |
| Sergio Peamara | Associate | Person | Associate at Pinsent Masons who contributed to the transaction. |
| Mercedes Buades | Associate | Person | Associate at Pinsent Masons who worked on the transaction. |