Spain Approves a New Remuneration Regime for Renewable Energy (REER)

Latham & Watkins LLP

The new regulation aims to provide a stable and predictable framework to attract investment in the renewable energy sector.

Key Points:

..Spain aims to achieve a 100% renewable electrical system by 2050.

..The new remuneration regime intends to promote decarbonisation by incentivizing the development of renewable energy facilities with guaranteed stable cash-flows during a limited time period.

Please see full Alert below for more information.

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