Market: Chile

Lawyer returns to Morales & Besa as natural resources head

Chilean Elite firm Morales & Besa has welcomed back a former associate to lead its environmental, mining and natural resources department as partner, while also promoting a lawyer to its senior rank and head of energy law.

17 February 2022

LatAm partner promotions nearly doubled at year-end

Latin Lawyer has recorded an astonishing 93% increase in end-of-year partner promotions at Latin American law firms, while the share of women partner appointments also increased compared to last year’s figures.

16 February 2022

Milbank, Clifford Chance, Carey and Claro in inaugural green bond

Milbank in New York and Carey in Santiago have helped Chilean electricity company Sociedad de Transmisión Austral (STA) issue its first green bonds, raising US$390 million.

16 February 2022

Barros & Errázuriz lawyer joins Alamos & Squella as labour head

A senior associate has left Chilean Elite firm Barros & Errázuriz Abogados to join two-year-old outfit Alamos & Squella Abogados as partner and head of its labour group.

15 February 2022

DLA Piper, Clifford Chance and Carey guide Chilean renewables buy

Canada’s Innergex Renewable Energy has hired DLA Piper LLP in London and Santiago to acquire Chilean energy group Aela and its portfolio of wind farms from UK investment fund Actis and Irish business Mainstream Renewable Power, a deal worth US$686 million.

14 February 2022

BlackRock acquires Chilean solar assets for US$200 million

The world’s largest asset manager BlackRock has hired Milbank in New York and Carey in Santiago to acquire multiple solar plants in the Andean country for  US$200 million in total.

11 February 2022

IDB Invest lends US$50 million to LatAm CRM group

Atento, the largest provider of customer relationship management (CRM) and business-process outsourcing (BPO) services in Latin America, has hired several firms in the region to obtain a US$50 million working capital facility from IDB Invest.

10 February 2022

Chile’s Betterfly becomes first insurtech unicorn

Chilean insurance technology start-up Betterfly has hired Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley and San Francisco to raise US$125 million in a Series C funding round, making it Latin America’s first insurtech unicorn with a market value over $1 billion.

09 February 2022

Chilean sustainable issuance calls on familiar firms

Linklaters in New York and Morales & Besa in Santiago have helped the Republic of Chile issue US$4 billion worth of sustainable notes, the proceeds of which the sovereign will use to invest in green or social projects.

07 February 2022

Chilean fintech obtains additional US$80 million investment

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley and San Francisco has helped Chilean financial technology start-up Xepelin raise US$80 million in a financing round led by US investor Community Investment Management (CIM), less than a year after its previous investment.

04 February 2022

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