Tion Renewables Expands Solar Portfolio with EDPR Acquisition
Deal News | Jun 25, 2025 | Iberian Lawyer
Cuatrecasas has provided legal advisory services to Tion Renewables in their recent acquisition of a portfolio consisting of four photovoltaic solar energy projects. The portfolio, acquired from EDP Renováveis España (EDPR), possesses an installed capacity of 104 megawatts and is located in Spain's regions of Aragon and Andalusia. This acquisition marks Tion Renewables' largest transaction to date in terms of installed capacity, a significant step in the company's broader expansion strategy. The projects are secured by long-term power purchase agreements (PPAs), ensuring ongoing operational stability. The advisory team from Cuatrecasas comprised experts in Corporate M&A, Finance, and Regulatory sectors.
Sectors
- Renewable Energy
- Legal Advisory
Geography
- Spain – The solar projects acquired by Tion Renewables are located in Spain, specifically in the regions of Aragon and Andalusia.
Industry
- Renewable Energy – This relates to Tion Renewables' acquisition of solar photovoltaic projects, which is a key component of the renewable energy sector.
- Legal Advisory – Cuatrecasas provided legal services for the transaction, highlighting the importance of legal advisory roles in M&A processes.
Financials
- 104 MW – The installed capacity of the solar photovoltaic projects acquired by Tion Renewables.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tion Renewables | Acquiring Company | Company | Tion Renewables is the acquirer of the four photovoltaic solar projects and is expanding its portfolio in renewable energy. |
| EDP Renováveis España (EDPR) | Selling Company | Company | EDPR is the seller of the photovoltaic solar projects located in Spain. |
| Cuatrecasas | Legal Advisor | Company | Cuatrecasas provided legal advisory services to Tion Renewables for the acquisition transaction. |