White & Case Advises Cubico Sustainable Investments on its Acquisition of Two Wind Farms from ACS

Global law firm White & Case LLP has represented Cubico Sustainable Investments, a leading renewable energy company, on its acquisition of two Uruguayan wind projects from ACS, wind farms 49 MW Kiyu in San Jose and 53 MW Pastorale in Flores, as well as Sowitec’s minority shareholding position in 53 MW Pastorale.

The acquisition will increase Cubico’s operational wind capacity in Uruguay to more than 200 megawatts, making it the largest private owner of renewable energy assets in the country, and significantly augmenting its business portfolio in the Latin America region.

Cubico Sustainable Investments is a global leader in providing renewable energy across the Americas, Europe and Australia. The company invests in, owns and operates a number of renewable energy projects, and is jointly owned by Ontario Teachers’ Pension Plan and PSP Investments. 

The White & Case team was led by partners Juan Manuel de Remedios and Carlos Daroca, and included counsel Julio Peralta, and associates Laura Del Olmo Cuevas and Gracia Truán (all in Madrid).

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