Gunvor seals deal for 75% stake in Bilbao power plant

Gunvor has completed the acquisition of a 75% ownership stake in Bahia De Bizkaia Electricidad (BBE), a 785MW combined cycle power plant located in Bilbao, from bp. DLA Piper counselled Gunvor on the acquisition.The deal, announced in December 2023, has been approved by all relevant regulatory...