Tadiran Group and Volta Solar Enter Spanish Market with Joint Venture

Deal News | Mar 19, 2025 | Iberian Lawyer

Tadiran Group and Volta Solar Enter Spanish Market with Joint Venture

Israeli companies Tadiran Group and Volta Solar have entered into a joint venture to tap into the Spanish renewable energy sector, specifically targeting the solar self-consumption market. This collaboration seeks to benefit from both companies' expertise and know-how in the field. Involved in various industrial solar self-consumption projects, the newly formed Spanish entity is set to engage in Power Purchase Agreements (PPA) and Engineering, Procurement, and Construction (EPC) contracts. Legal assistance for this business entry was provided by Mariscal Abogados, with a team led by Irene Terrazas and Ruth Trullenque, alongside junior associate Guillermo Contreras. Their role involved the drafting of necessary agreements and ensuring compliance with Spanish law.

Sectors

  • Renewable Energy
  • Legal Services

Geography

  • Spain – The joint venture targets the Spanish renewable energy market.
  • Israel – The companies involved, Tadiran Group and Volta Solar, are based in Israel.

Industry

  • Renewable Energy – The joint venture focuses on the solar self-consumption market within the renewable energy sector.
  • Legal Services – Mariscal Abogados provided legal advice for the joint venture, highlighting the role of legal services in cross-border business transactions.

Financials

    Participants

    NameRoleTypeDescription
    Tadiran GroupParticipant in Joint VentureCompaniesAn Israeli company entering the Spanish renewable energy market.
    Volta SolarParticipant in Joint VentureCompaniesAn Israeli company collaborating with Tadiran Group for the Spanish market entry.
    Mariscal AbogadosLegal AdvisorCompaniesSpanish law firm advising Tadiran Group and Volta Solar on their market entry.
    Irene TerrazasAdvisorPeopleLawyer from Mariscal Abogados involved in the joint venture.
    Ruth TrullenqueAdvisorPeopleLawyer from Mariscal Abogados involved in the joint venture.
    Guillermo ContrerasJunior AssociatePeopleJunior associate at Mariscal Abogados involved in the joint venture.