Madrid + 34.91.520.3947

Raimundo Ortega handles complex antitrust and regulatory matters, with extensive experience in infrastructure and energy. He is the only lawyer in Spain ranked simultaneously in competition and energy by Chambers, Legal 500, and Best Lawyers for five consecutive years. Raimundo was recently appointed by the Spanish Competition Authority (CNMC) as a Non-Governmental Advisor to the International Competition Network.

For more than 20 years, Raimundo has represented foreign and domestic funds, financial institutions, and infrastructure and energy companies such as Aberdeen, Axpo, Bombardier, CaixaBank, Cintra, EDF, Endesa, Engie, IBM, Macquarie, Marubeni, Naturgy, Orange, P&G, Prysmian, KPN, SES, and Total.

He is currently advising on several cartel investigations, including leniency applications and damage claims, before the CNMC and the Supreme Court. He also has extensive experience in merger regulation, including phase 2 transactions with remedies and abuse of dominant position investigations. In energy, he is active in energy infringement procedures, and he has extensive experience challenging energy regulation before Spanish Courts, including the Supreme Court, and the European Commission. He also has experience advising on power purchase agreements (PPAs) and guarantees of origin (GOs) and in foreign direct investment (FDI) screenings.

Raimundo teaches competition law and energy at a variety of academic institutions.


  • American Industrial Partners subsidiary Vertex Aerospace announces acquisition of Raytheon Technologies' Defense Training and Mission Critical Solutions business linesJones Day is advising American Industrial Partners in the acquisition by portfolio company, Vertex Aerospace, of Raytheon Technologies' Defense Training, Professional Services, Mission Critical Solutions, and Modernization and Sustainment business lines.
  • Cardinal Health sells its Cordis business to Hellman & Friedman for approximately $1 billionJones Day advised Cardinal Health on the divestiture of its Cordis business to Hellman & Friedman for approximately $1 billion.
  • Portobello sells ElParking and Imbric to Mutua MadrileñaJones Day is advising Portobello Capital in the sale of 100% of urban mobility platforms ElParking and Imbric to Mutua Madrileña.
  • PTTGC acquires allnex from AdventJones Day is advising PTT Global Chemical Public Company Limited in the €4 billion acquisition of allnex Holding GmbH from Advent International.
  • Portobello acquires LegálitasJones Day advised Portobello Capital in the acquisition by portfolio company Sitracon Spain, S.L. of a majority stake in Legálitas Asistencia Legal, S.L.
  • EagleTree Capital sells Airtech Group, US Valve Corporation, and related entities to IDEX Corporation for $470 millionJones Day represented investment funds managed by EagleTree Capital in the sale of Airtech Group, US Valve Corporation, and related entities to IDEX Corporation for $470 million.
  • CBRE Global Investors disposes of Spanish logistics portfolio to BankinterJones Day advised CBRE Global Investors, on behalf of its value-add fund European Value Partners (EVP 2), and its joint venture partner Valfondo (a developer and manager of Montepino logistics assets in Spain) on the sale to Bankinter of a portfolio of 22 Spanish logistics assets, totaling 865,000 sqm, together with a development pipeline of a further 13 logistics assets.
  • Ferro Corporation sells its global Tile Coatings Business to Lone Star Funds for $460 millionJones Day advised Ferro Corporation, a leading global supplier of technology-based performance materials, in the sale of its global Tile Coatings Business to Pigments Spain, S.L., a portfolio company of Lone Star Funds, for $460 million in cash, with potential earnout payments of up to $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments.
  • Entravision Communications acquires majority stake in RedmasJones Day represented Entravision Communications Corporation (NYSE: EVC) in the acquisition of a 51% interest in Redmas owned by the Cisneros Interactive Group.
  • PolyOne acquires Clariant color and additive masterbatch business for $1.5 billionJones Day advised PolyOne Corporation in the $1.5 billion purchase of Clariant’s global color and additive masterbatch business.
  • Portobello Capital acquires BT España Compañía de Servicios Globales de Telecomunicaciones, S.A.U.Jones Day advised Portobello Capital Gestion SA SGEIC in the acquisition and related financing of the Spanish company BT España Compañía de Servicios Globales de Telecomunicaciones, S.A.U., whose primary activity is the provision of telecommunication services.
  • Guardian Europe S.à r.l. sold Guardian Automotive glass business to PARTER Capital Group AGJones Day advised Guardian Europe S.à r.l., a subsidiary of Koch Industries, Inc., in the sale of its Guardian Automotive aftermarket glass fabrication and distribution business to PARTER Capital Group AG.
  • Infrastructure fund advised regarding bids for shadow toll roads and other infrastructure assetsJones Day advised infrastructure fund in connection with bids for shadow toll roads and other infrastructure assets.
  • Aberdeen Infrastructure acquires 47.5% of Autopista del Guadalmedina, Concesionaria Española, S.A.U.Jones Day advised Aberdeen Infrastructure (HoldCo) B.V. in the acquisition of 47.5% of the share capital and related financing of the Spanish company Autopista del Guadalmedina, Concesionaria Española, S.A.U., the concessionaire that manages the Guadalmedina highway (AP-46 Málaga – Las Pedrizas).
  • UPL acquires Arysta LifeScience from Platform Specialty Products Corporation for $4.2 billionJones Day advised UPL Limited ("UPL"), a leading global generic agrochemical company based in India, in connection with its subsidiary, UPL Corporation Limited’s, US$4.2 billion acquisition and related $3 billion term financing of Arysta Lifescience Inc. (“Arysta”), a global provider of crop protection solutions, including bio-solutions and seed treatment, from NYSE listed Platform Specialty Products Corporation (“Platform”).
  • BANCALE, the Spanish Family Office divests 100% stake in distributor K-TuinJones Day provided legal advice to Bancale in the divestment of 100% stake in the distributor K-Tuin.
  • Reno De Medici acquires Barcelona Cartonboard S.A.U.Jones Day advised Reno De Medici S.p.A., an Italian-listed subsidiary of Cascades, Inc., in connection with the acquisition of 100 percent of Barcelona Cartonboard SAU, a Spanish company that is ranked seventh in Europe in the coated cartonboard sector, from the German private equity fund Quantum Capital Partners.
  • Ferro acquires Quimicer SAJones Day advised Ferro Corporation in its acquisition of Quimicer S.A.
  • CBRE Global Investment Partners acquires 6,458-unit portfolio of Spanish residential properties for €870 millionJones Day advised CBRE Global Investment Partners in connection with its acquisition of a 6,458-unit portfolio of Spanish residential properties valued at €870 million.
  • Mapei acquires TecnopolJones Day advised Mapei S.p.A. in its acquisition of Tecnopol Sistemas, S.L.U., a Spanish chemical company leader in the production and distribution of waterproofing and insulation systems for the construction industry.
  • Speaking Engagements

    • September 2021
      Premerger coordination & integration: how to do it avoiding gun jumping, internal antitrust compliance at a major financial institution.
    • November 11, 2020
      Speaker as CNMC’s non-governmental advisor in webinar organized by International Competition Network, Cartel Working Group: “Leniency Perspectives from the Private Bar”
    • September 24, 2018
      Blockchain Banking Seminar
    • September 24, 2018
      Blockchain Banking Seminar
    • 21 noviembre, 2017
      El futuro de los PPAs en España
    • May 11, 2017
      Investment Opportunities in Mexican electricity market
    • 11 de mayo, 2017
      Oportunidades de inversión en el sector eléctrico en México.
    • 24 de marzo, 2017
      Competencia, contratos públicos y la Administración
    • 8 de junio, 2016
      México: retos y oportunidades tras la entrada en operación del Mercado Eléctrico Mayorista
    • 25 de mayo, 2016
      Las multas a los directivos por infracción de la normativa de Competencia y la Responsabilidad Penal
    • 29 de marzo, 2016
      Desayuno con el Presidente de la Comisión Nacional de los Mercados y la Competencia (CNMC)
    • 23 de abril, 2013
      Implicaciones de Derecho de la Competencia en operaciones de adquisición de empresas en dificultades
    • March 9, 2012
      From Law Firm to Classroom
    • 9 de marzo 2012
      Cuando el Bufete se Tansforma en Aula
    • January 24, 2012
      Opportunities in Renewable Energy in 2012 - Legal and Regulatory Framework for Renewable Energy Investments in Europe.
    • February 3, 2011
      Lecture on client relationship at the LLM International Law, ISDE
    • January 27, 2011
      Interview with tv news channel "Intereconomia" regarding leniency applications ("Entrevista en el telediario de Intereconomia TV sobre las solicitudes de clemencia")
    • January 25, 2011
      Lecture on the new EU vertical restraint in a competition course, IEB
    • November 13, 2010
      Panel on the activity of the CNC in the field the promotion of competition, moderator, FIDE