Solar Millennium establishes joint venture to manage thermosolar plant in Spain
Clients Milenio Solar Desarrollo de Proyectos, S.L.U.
Jones Day provided competition law advice to Milenio Solar Desarrollo de Proyectos, S.L.U. with regard to the creation of a joint venture between Solar Millennium AG, OHL and RREEF (asset management of Deutsche Bank) to manage a thermosolar plant in Spain. The transaction was notified to the European Commission, which granted clearance in Phase 1.