Addenco, our firm specialized in International Energy Law, offers you a wide range of services in commercial law and contract disputes, regulatory, energy commodities trading and corporate strategies, with extensive experience in every sector of the energy world, especially liquid hydrocarbons, natural gas, renewable energy, and clean technology.

1. Addenco
ENERGY & COMMODITIES LAW FIRM
Copyright @2014 Add energy & commodities S.L. All rights reserved.
ABOUT ADDENCO
Who we are
What we do
Our clients
Our group
OUR SERVICES
Oil & Gas
Electricity
Energy Commodities Trading
Commercial law & contract disputes
Renewables energies & Clean technology
Energy Regulatory
Corporate strategies
INTERNATIONAL SUPPORT
CONTACT
AddVANTE
Over 15 of experience providing legal advice
on all regulatory, contractual and financial
aspects to companies and institutions
in the energy sector.
"
A FIRM OF GROUP

2. WHO WE ARE
“ Addenco is a firm specialized in international energy law.
With extensive experience providing legal advice on all regulatory, contractual and
financial aspects to companies and institutions in the sector.
We offer you a wide range of services in commercial and contractual disputes, regulatory aspects
in the industry, commodities trading and corporate strategies - especially in the areas of liquid
hydrocarbons, natural gas, electricity, renewable energies, and clean technology.
WHAT WE DO
“ Extensive legal experience in energy sector with a specialized
interdisciplinary team in each area.
Our practice includes counsel on regulatory, commercial and organizational aspects, (M & A and
corporate restructurings), legal representation in litigation and arbitration in relation to the sector,
energy trading operations, compliance, project financing, procurement (joint ventures; contracts
specific to the sector and purchases/sales of energy) and regulatory aspects related to the oil &
gas, electricity, and renewable energy sectors.
OUR CLIENTS
“ We work with the major players in the international energy sector.
Including multinational companies and producers of oil & gas, energy traders, energy project
developers, owners of renewable energy facilities, midstream and coal operators, construction
services companies, engineers, companies commercializing electrical energy and natural gas, as
well as financial institutions, such as stock brokers, goodwill and hedge funds, and services related
to these industries.
OUR GROUP
“ Addenco is a company of the AddVANTE group.
AddVANTE was created in 2007 to offer more specific services in the fields of Energy Law and
Commodities & Trading, though it should be noted that since its inception more than 25 years ago
AddVANTE targeted the Energy sector as one of its priorities for action.
Our firm works for the public sector, institutions and businesses, whether well established
or still developing, that have interests in sectors like oil & gas, traditional energy,
renewable energies, and energy efficiency, offering them its extensive experience and
knowledge in this sector.
ABOUT US

3. 01 OIL & GAS
Today oil and gas remain at the center
of the energy supply chain. "
The growing demand for oil and gas in developed countries, and especially in emerging ones,
is pushing up prices. This means that the sector is of special interest, as it ensures
long-term activity and the interest of investors.
At Addenco we are legal experts in advising on operations and transactions related to the
Oil & Gas sector.
HOW WE CAN HELP YOU
Our multi-disciplinary vision of the Energy sector, particularly Oil & Gas, allows us to offer comprehensive
counsel on the execution of new projects involving mergers and acquisitions, funding sources, taxation,
international commercial law, contract disputes, and environmental policies, among many others.
Liquid hydrocarbons
• Counsel on the acquisition of transport operators and assets, and the purchase of petroleum
products.
• The processing of concessions, permits and authorizations for prospecting and production in the
hydrocarbon sector.
• The storage and trading of petroleum products.
Natural gas
• Studies of the regulatory and contractual aspects involved in projects involving regasification plants,
storage, gas pipelines and distribution networks.
• Natural gas trading.
• Counsel on the acquisition of gas-related companies and assets.
• The drafting of natural gas provisioning contracts.
Addenco 01 OIL & GAS

4. 02 ELECTRICITY
The electrical power industry is increasingly
important to the functioning of the
global economy.
Moreover, the complexity and specific nature of the most relevant aspects of the legislation
pertaining to it are becoming more consequential.
"
HOW WE CAN HELP YOU
• Regulatory advice to electricity producers, subject to both special and standard provisions.
• Matters relating to the provisioning of electricity (authorizations, registrations, contracts), trading (virtual
auctions, physical contracts, derivatives) and emission rights.
• The development, construction and operation of generation plants and other electrical assets.
• Advice on operations involving the acquisition of companies and electrical assets.
• Advice to financial institutions and developers on construction project financing, operation and
acquisition of electrical assets.
• The negotiation of provisioning, tolling, turnkey construction, operation and maintenance contracts, etc.
• CO2 capture, transport and storage projects.

5. 03 ENERGY COMMODITIES TRADING
Energy and emissions trading has become
an important part of the energy industry. "
Addenco actively responds to this demand by participating in all the legal aspects of energy-related
financial commodities that are globally traded.
Our lawyers specialized in commodities trading support, represent and advise our clients, buyers
and/or sellers on commercial transactions related to energy, international financial transactions, and
commodities related to the energy sector, particularly oil & gas.
HOW WE CAN HELP YOU
• Addenco provides you with an interdisciplinary approach and the legal knowledge and support
allowing you to deal with the challenges of a market for goods that is more and more complex
and dynamic.
• Our clients include multinational and oil & gas producing companies, developers of energy
projects, midstream and coal operators, as well as financial institutions.
Addenco 03 ENERGY COMMODITIES TRADING

6. 04 COMMERCIAL LAW & CONTRACT DISPUTES
The political and economic instability in the
energy sector has resulted in complex,
high-value disputes in a series
of jurisdictions.
In this regard our experience allows us to provide valuable answers and practical solutions
adapted to the problems of international corporate clients, as well as smaller companies, on
all the legal aspects involved in the Energy sector.
Addenco offers comprehensive advice and legal representation in courts for commercial and contractual
disputes, as well as national and international arbitrations, for both national and international companies,
government agencies, and regulating bodies.
"
HOW WE CAN HELP YOU
Commercial and Contract Disputes
Our lawyers have extensive experience in international commercial disputes and their
litigation, always employing a practical, results-oriented approach.
We have ample experience in international commercial disputes and aspects related to intermediation,
compliance, the drafting and supervision of contracts and operation closures, project financing, and the
regulatory issues involved in the oil & gas and alternative energy sectors.
“ At the same time our lawyers offer our clients advice on a wide range of matters
unrelated to litigation, including contracts, corporate affairs, employment and
finance.
Our international support allows us to provide you with legal advice that is precise and swift, wherever
the conflict takes place.
Addenco 04 COMMERCIAL LAW & CONTRACT DISPUTES

7. Corporate Disputes and Corporate Governance
Much of our work consists of corporate conflicts, such as breaches of contract and guarantee cases,
disputes over the proper formulation of agreements, shareholder disputes, and conflicts involving joint
ventures, post‐mergers and acquisitions.
“ We also regularly provide counsel in cases of litigation related to corporate
governance; for example, in shareholder activist battles, disputes concerning
public takeover bids, and forced sale procedures. Aware that an ounce of
prevention is worth a pound of cure, we regularly advise our clients on risk
management issues.
We understand that companies today are looking for lawyers who understand their business,
so we take the time to do just that, offering a combination featuring experience in the sector
and a broad geographic reach.
We also know that a large number of corporate transactions these days can trigger disputes, which
require support in the event of lawsuits during the preparation and execution phases.
We and our customers realize that an approach to a particular legal problem must be not only the best
solution for the specific problem in question, but also one that does not damage other aspects of the
client’s business.
Energy Disputes
The growing impact of state intervention, coupled with the swelling competition for
resources and stricter regulation, has also contributed to an increase in legal disputes.
“ We have provided counsel in many very high-profile cases in this area, effectively
and efficiently managing conflicts in which hundreds of millions of dollars were at
stake. These cases involved significant volumes of complex documentation and
controversial issues.
We have an outstanding track record in helping our clients to avoid or resolve disputes and regulatory
issues through negotiation, mediation, international arbitration, litigation, the determinations of experts,
and other forms of alternative dispute resolution.
Addenco 04 COMMERCIAL LAW & CONTRACT DISPUTES

8. 05 RENEWABLES & CLEAN TECHNOLOGY
The culture of sustainability is currently a
priority on the agendas of most companies
and governments.
Addenco, as a result of our extensive experience, is also present in the renewable energy
market, advising both companies and investment funds on forms of power generation as
diverse as hydraulic, solar, wind, biomass, and cogeneration.
"
HOW WE CAN HELP YOU
• We advise our clients on the regulatory, financial and technological aspects involved.
More specifically, in the field of clean technologies we work together with our clients in areas such as
energy efficiency, waste management, facilities management, environmental impact, the new sources of
energy generation, and innovation in the field of smart cities.
• We can help you with the promotion, construction and financing of renewable energy
facilities, and studies of the regulatory, legal and financial aspects necessary for the execution of
projects in a range of sectors: solar photovoltaic, solar thermoelectric, wind, offshore wind, biomass,
biodiesel, cogeneration systems, hydraulic, etc., as well as in the drafting and processing of all kinds of
permits and licenses.
• Due diligence on projects for developers, investors and financiers.
• Counsel on the purchasing and sale of companies in the energy sector, both operators and
specialized engineering firms, developers, wind and photovoltaic farms.
• The drafting and processing of all kinds of permits and licenses.
Addenco 05 RENEWABLES & CLEAN TECHNOLOGY

9. Environmental management systems
The handling of initiatives aimed at minimizing carbon footprint and better managing climate
change in general remain at the forefront of the political agenda, posing increasingly greater
challenges for companies.
“ Addenco has participated in projects aimed at mitigating carbon-related
impacts, and implementing and developing Corporate Social Responsibility (CSR)
policies.
We can advise you in the areas of environmental strategy and awareness, carrying out environmental
diagnoses and assessments, strategic plans, and specific training designed to meet your particular
needs.
We also incorporate into our product portfolio everything related to environmental studies, waste
management, environmental vigilance, impact studies, and the drafting of guides and good
environmental practices, among others.
Environment Regulatory
The global economic slowdown has led to significant corporate restructuring, the closure
of factories, and the suspension of certain activities. Environmental issues are often key
considerations in these decisions, given the need for companies to minimize environmental
impact and long-term hazards.
At Addenco we advise companies on a variety of regulation sectors, permits and issues related to
regulatory compliance, in areas such as air and water pollution, waste management and transport, soil
pollution, noise reduction and hazardous substances.
“ We are also experts on issues of health and safety in transactions, in an
independent way.
This encompasses everything from strategic issues related to responsibilities for safety and health to
practical guidance on issues of health and safety, relationships with contractors, and health and safety
procedures. We can also help you prevent bribery and corruption problems related to environmental
compliance issues.
Management models and systems
Our extensive experience preparing companies for certification allows us to offer matchless
service in the maintenance, development and improvement of your quality and environmental
management systems through the implementation of certifiable management protocols.
“ Our job is to correctly identify your organization’s processes, classifying and
documenting them, to ultimately analyze and improve them.
Addenco can help you to equip your business with strategies and mechanisms that ensure continuous
improvement and promote competitiveness through, among other things, the following specific or
industry management models:
• Quality Certifications (ISO 9001, EFQM, ICTE)
• Environment (ISO 14001, EMAS, ISO 14004)
• Social Responsibility (ISO 26001 ‐ IQ NET SR10)
• Energy Efficiency (ISO 50001)
• Occupational Safety and Health (OHSAS 18001)
Addenco 05 RENEWABLES & CLEAN TECHNOLOGY

10. 06 ENERGY REGULATORY
We Advise in all the regulatory aspects
applicable to energy activities. "
At Addenco we advise our clients on issues such as trade in physical commodities (in the
short term and long term), commercial contracts for basic financial products specifically
related to Energy, and emission trading (including hedging of energy prices and the related
counterparty credit risk), and shipping and commercial disputes, among others.
HOW WE CAN HELP YOU
We can help you with all the regulatory aspects applicable to energy activities and the companies that
engage in these activities, including the processing of administrative authorizations, maintaining ongoing
relationships with regulating bodies and the competent government agencies.
Addenco 06 ENERGY REGULATORY

11. 07 CORPORATE STRATEGIES
We are aware that the new energy situation
generates a series of opportunities and
threats that call for the definition of strategies
that make it possible to address the new
challenges they pose.
Most corporate strategies that work in the energy sector go hand in hand with their
corresponding financing models, and require a high degree of specialization and
professionalism in order for processes to be undertaken in a structured and systematic way.
At Addenco we have extensive experience and knowledge of international markets and the
management models to analyze and assess business opportunities rooted in the energy field, and to
propose the most appropriate strategies for each company, according to its needs and objectives.
“ In this regard, we offer counsel that will help you to define and structure your
company’s competitive position in the industrial processes and business value
chain.
For industrial companies that carry out their activities in the field of renewable energies, we advise them
on everything from the acquisition of raw materials to the operation of power plants and from the vertical
integration of the production chain to outsourcing, depending upon the resources and strategic position
they wish to enjoy in the long term.
"
Addenco 07 CORPORATE STRATEGIES

12. HOW WE CAN HELP YOU
Corporate
In a dynamic field that is still taking shape such as renewable energies it is difficult to
establish an optimal position at both the market and product levels.
Thus, it is necessary to analyze the most appropriate corporate strategies to improve one’s competitive
situation.
“ Our team collaborates on the definition of strategies to maximize your
company’s value.
In this regard we can offer you our collaboration, which can cover from the definition and preparation
of the strategic plan in the sector to the elaboration of alternatives in the form of acquisitions, mergers,
divestment, strategic alliances or cooperation agreements.
Transaction services
No merger or acquisition process creates value in and of itself unless the benefits and
synergies that allow a company to obtain an advantage vis-a-vis its competition are
thoroughly analyzed.
“ This type of process requires a high degree of specialization and professionalism
in order to be undertaken in a structured and systematic way.
Our experience in this area and our interdisciplinary nature allow us to provide a level of highly
satisfactory service in all areas of the transaction, including the planning of the operation, the preparation
of prospectuses, assessments of the business or branch of activity, the drafting of viability plans, the
preparation or execution of due diligence processes, the negotiation and preparation of contracts and, in
general, all the necessary support until the closing of the transaction.
Financial advice
Our work for more than fifteen years in the field of project finance consulting in the Energy
sector has provided us with extensive experience with regards to the definition of strategies
and the search and selection of structured financing operations.
Our work includes aspects ranging from the elaboration of business plans to advice on the structuring of
financial operations, the selection and negotiation of financial bids, and the economic and legal review of
financing contracts.
Addenco 07 CORPORATE STRATEGIES

13. INTERNATIONAL SUPPORT
We are aware that our clients have business
interests and opportunities around
the world, and
at any time.
Our association with different international networks and various joint-venture type
alliances, partnerships and mandates, allows us to offer excellent support to our clients
on all operations and transactions related to the Energy sector, occurring in their specific
jurisdictions, in an effective, fast and direct way.
Addenco boasts an international platform of experts made up of more than 160 firms distributed
across over 70 countries, and a presence in major cities and international jurisdictions, offering
professional services related to legal and regulatory practice.
"
Addenco INTERNATIONAL SUPPORT

14. HEAD OFFICE KEY CONTACT
Addenco
Avenida Diagonal, 482 1st floor
08006 Barcelona (Spain)
Phone (+34) 93 415 88 77
addenco@addenco.com
www.addenco.com
Copyright @2014 Add energy & commodities S.L. All rights reserved.
Jordi Tamayo De Winne
Legal Department Partner
Oil & Gas Consultant
jtamayo@addenco.com
Addenco
ENERGY & COMMODITIES LAW FIRM
A FIRM OF GROUP
AddVANTE