Caiado Guerreiro advises Eni Gas e Luce on the acquisition of Aldro Energia

A team from Caiado Guerreiro, led by partner Jorge Ribeiro Mendonça, supported the Italian law firm Gianni & Origoni in signing an agreement between its client Eni gas e luce, a subsidiary of Eni SpA, and the Pitma Group for the acquisition of 100% of Aldro Energìa Y Soluciones S.L.U., – a company present in Spain and Portugal, through a branch office – in the market for the sale of electricity, gas and services to residential, small, medium and large business customers. The agreement also included the acquisition of 100% of the service company Instalaciones Martìnez Dìaz S.L.U..

In addition to Jorge Ribeiro Mendonça, Caiado Guerreiro’s team had also the support of the lawyer Rui Afonso Marcos and the trainee lawyer Neuza Felizardo Carreira, who were responsible for the work related to Portuguese law matters; the Spanish law part was handled by the Spanish law firm Araoz & Rueda. Both teams have been accompanying the firm Gianni & Origoni, which acted as global consultant for Eni gas and electricity, thus providing the necessary support in relation to the jurisdictions in question.

The legal aspects of the transaction were also followed by an internal Eni team, with Mediobanca acting as financial advisor and KPMG assisting with the financial and tax aspects of the transaction. Banco Santander acted as financial advisor to Pitma, while Cuatrecasas advised the seller on the legal aspects.

posted in February 3, 2021