Several law firms advised on the $6.2 billion sale of Iberdrola’s 12 combined-cycle gas turbine plants and one wind farm to the Mexican government. (Photo: Iberdrola)
Peter Baumgaertner, Holland & Knight; Roland Estevez, Milbank; Antonio Morales, Baker McKenzie; Manuel Silva, Cleary Gottlieb and Francisco de Rosenzweig, White & Case. (Latinvex collage)
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Wednesday, March 13, 2024
Law Firms Advise $6.2 Bln Iberdrola Mexico Sale
Baker McKenzie, Cleary, Holland & Knight, Milbank and White & Case advise mega deal.
BY LATINVEX STAFF
Baker McKenzie, Cleary Gottlieb, Holland & Knight, Milbank and White & Case advised on the $6.2 billion acquisition financing for Mexico’s government in its purchase of Spanish energy firm Iberdrola’s 12 combined-cycle gas turbine plants and one wind farm in Mexico.
The deal has been hailed by Mexican president Andres Manuel Lopez Obrador as a “new nationalization” for the electricity market.
The government used …
Keywords: Baker McKenzie, Cleary Gottlieb, Energy, Finance, Holland & Knight, Mexico, Milbank, M&As, White & Case
