Spain
Spain overview
White & Case Madrid was established in 2013 and is now recognized as one of the leading international law firms in the Spanish market.
The Spanish team offers a unique blend of domestic and cross-border expertise, especially in M&A, Banking & Finance, International Arbitration, Commercial Litigation and Regulatory matters. Our full practice capabilities are highly appreciated by the Spanish clients, and is also a key piece in cross-border multinational deals.
Our Spanish team plays an important role as the link between the Firm's Latin American and European practices. The majority of our practitioners are trained in more than one jurisdiction, we offer a unique combination of UK/US/Spanish law counsel on the ground in Spain, and clients consider this a major asset. The Spanish team works on a broad range of legal matters, including complex corporate and financial transactions with cross-border aspects. We have been involved in some of the largest and most sophisticated transactions in the local market for over the last 10 years.
Spain experience
- Representation of Providence Equity Partners, a specialist private equity investment firm focused on growth-oriented media, communications, education and technology companies throughout North America and Europe, on its sale of a 50% stake in Globeducate, a primary and secondary education provider with a network of 65 international schools across 11 countries, to Wendel for an enterprise value of c. €2 billion.
- Representation of the lenders on a €2.5 billion refinancing for Sonnedix.
- Advised Mango in a cutting-edge dispute relating to the creation and utilization of new work of arts in the Metaverse in NFT form against the Spanish entity that manages intellectual property rights of the plastic artists.
- Representation of Acciona on the sale of 175 MW of hydroelectric assets located in Spain. The assets are located in the regions of Aragon, Cataluña and Cantabria (Spain) and on the sale of 626 MW of 34 hydroelectric assets to Endesa for US$1.1 billion.
- Representation of the Lenders to Apollo in connection with its €2.1bn voluntary takeover bid over 100% of the shares in Applus.
- Successfully representing a Spanish telecommunications company in an ICSID arbitration against the Colombia under the Spain-Colombia BIT, in a dispute relating to a concession agreement for mobile telephone services.
- Representation of Iberdrola, S.A., an international electric utility company headquartered in Spain, in its acquisition of the remaining 18.4% of shares it did not previously own of Avangrid, Inc., an energy services and delivery publicly traded company listed on the NYSE (NYSE: AGR), for approximately $2.6 billion.
- Judicial battle for the control of Itinere, one of the biggest highway operators in Spain, between Globalvia and the hedge funds Gateway Infrastructure Investments, L.P. and Investco, B.V., in which Sacyr is also a party, as seller under the relevant transaction.
- Representation of Abu Dhabi Future Energy Company (Masdar), Abu Dhabi's leading renewable energy company on the formation of a joint venture with Spanish listed multinational electric utility company Iberdrola group to jointly develop and operate project "Baltic Eagle", a 476 MW offshore wind farm located in the German Baltic Sea near the island of Rügen and valued at approximately €1.6 billion.
- Representation of Charterhouse Capital Partners on the acquisition of 80% of the shares of Metrodora, S.L. by an investment vehicle of Charterhouse Capital Partners to Magnum Capital.
- Representation of Morgan Stanley Infrastructure Partners (MSIP) on the acquisition of 100% of the shares in Valoriza Servicios Medioambientales, S.A. (Valoriza) from Spanish construction group Sacyr S.A. (Sacyr) for a total consideration (enterprise value, including debt) of €734 million.
- Successfully representing a Japanese investor in an ICSID arbitration against Spain under the Energy Charter Treaty involving investments in the Spanish CSP sector.
Key contacts
We go to them for issues of special complexity, and the level of service is excellent
They offer a fantastic and impeccable service
"The White & Case team is very powerful and diverse. The lawyers know their material well and are very specialised. High-quality work is performed at a fast pace"
"White & Case stands out for its team's efficiency, commercial vision and predisposition"
Chambers & Partners, 2025
"They know their clients and what is expected of them. It translates into a work environment that is technically demanding but always cordial and relaxed".
"They can navigate complex matters and provide creative and solid solutions".
"They are truly focused on their client and would do the utmost to meet their client's needs".
Chambers Europe 2023
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