Allen & Overy advised Spanish company Repsol on a transformational deal
Allen & Overy advised Spanish company Repsol on a transformational deal
The transaction was worth USD4.8 billion
A cross-border team of lawyers from Allen & Overy has advised leading Spanish energy company Repsol on the sale of 25 percent of its upstream business to US institutional investor EIG.
The transaction, covering over ten jurisdictions globally, reinforces Repsol's stand at the forefront of the energy transition.
John Geraghty, the London partner at Allen & Overy remarked, "This deal confirms Repsol's position as a leading player in the energy transition, enabling accelerated transformation towards its net zero emissions goals. Our teams across jurisdictions were able to bring their specialist expertise to bear for a great result."
The Allen & Overy team was led by Madrid partners Iñigo del Val, Ignacio Ruiz-Camara and Tom Wilkinson and London partner John Geraghty. They were also advised by senior associate Reka Palla in Madrid and London associate Cathy Gilmartin. While the tax advice was led by London counsel Gareth Banfield, counsel Jaime Rodriguez in Madrid, advised on antitrust aspects.
