Gibson Dunn Advises Técnicas Reunidas on €150 Million Capital Increase

Firm News  |  April 12, 2023

Gibson Dunn & Crutcher LLP advised Spanish clean energy engineering company Técnicas Reunidas on its capital increase of approximately €150 million.

The transaction will consist of the issue of 24,405,265 new shares, equivalent to 43.7% of the current share capital. The capital increase has the support of the Lladó family and Cobas Asset Management, which together account for 43% of the company’s share capital and have already made an irrevocable commitment to participate in the capital increase.

The Gibson Dunn team acted as US counsel to Técnicas Reunidas, with London partners Hugo Hernández-Mancha and Federico Fruhbeck leading the team. London associate Magdalena Augé supported the team on this capital increase.