King & Wood Mallesons (KWM) has been highlighted by TTR Data as one of the leading law firms in Spain for project finance transactions. In its ranking of "Top Law Firms – Project Finance – 2023", KWM has been ranked in the Top 5 by value of transactions and in the Top 10 by number of transactions.

The firm's main work over the last few months includes advising Banco Santander and the European Investment Bank (EIB) on the agreement reached with Solaria for the granting of financing for the development of photovoltaic plants (€553 million); advising the EIB on the granting of a €200 million loan to Interbiak Bizkaia for the construction of a tunnel under the Nervión estuary; and advising the EIB on the financing of several solar photovoltaic plants developed by GALP (236 MW).

KWM's Project Finance practice area is led by partner Joaquín Sales. Other members of the team are counsel Félix Hernández and associates José Berjón, Jesús Serna, Sara Rodríguez and Fernando Raga.

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