Market: Chile

IDB backs innovative warehouse credit line for SMEs in Chile

Hunton Andrews Kurth LLP in Washington, DC and Garrigues (Chile) have helped IDB Invest lend US$40 million to local private equity fund Sartor MHE for the creation of a warehouse credit line, which will provide funding to small and medium-sized businesses (SMEs).

13 August 2021

US investor GIP gets acquisition financing for Chilean renewables

Latham & Watkins LLP in New York and Washington, DC has helped an investment vehicle of Global Infrastructure Partners (GIP) obtain a US$340 million loan to fund its purchase of a minority stake in Chilean power company AES Andes’ renewables portfolio.

12 August 2021

Carey hires prominent constitutional lawyer as public law head

Latin Lawyer Elite firm Carey has boosted its public law group by hiring prominent constitutional lawyer Patricio Zapata as practice head, a month after the committee responsible for drafting Chile’s new constitution met for the first time.

11 August 2021

Enel Américas and Grupo Energía Bogotá join forces in Colombia

Garrigues (Colombia) has helped regional energy group Enel Américas launch a Colombian electricity supplier through a merger agreement with Grupo Energía Bogotá (GEB), worth US$673 million.

10 August 2021

AES Andes sells Chilean renewables portfolio to US investor

US investment fund Global Infrastructure Partners (GIP) has relied on Latham & Watkins LLP in New York and Washington, DC and Morales & Besa in Santiago to acquire a minority stake in a subsidiary of Chilean power company AES Andes for US$441 million.

09 August 2021

Patria snaps up Chilean cybersecurity business

Brazil’s Patria Investimentos has enlisted Vella Pugliese Buosi e Guidoni Advogados in São Paulo and Chilean firm Parraguez & Marín to acquire Chilean cybersecurity company NeoSecure from The Rohatyn Group.

09 August 2021

Chilean start-up gets US$230 million in debt and equity financing

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP in Silicon Valley, Cuatrecasas (Chile) and San Francisco and Guerrero Olivos in Santiago have helped Chilean finance start-up Xepelin raise US$230 million from investors in debt and equity funding rounds.

06 August 2021

Multiple firms steer Lumen’s US$2.7 billion LatAm business sale

US private equity company Stonepeak has enlisted Simpson Thacher & Bartlett LLP in New York and Palo Alto as lead international counsel to buy Lumen Technologies’ Latin American business for US$2.7 billion.

05 August 2021

Interchile raises US$1.2 billion in green bond issuance

Barros & Errázuriz Abogados in Santiago has helped Chilean electricity company Interchile complete its debut issuance of green bonds worth US$1.2 billion, marking the largest green debt tap in Latin America’s power sector.

03 August 2021

Several firms in cross-border water merger

UK company Waterlogic has enlisted Skadden, Arps, Slate, Meagher & Flom LLP in London and New York, DLA Piper Martínez Beltrán in Bogotá, NLD Abogados in Santiago and McConnell Valdés LLC in San Juan to acquire Quality Water Service’s (QWS) operations in Chile, Colombia and Puerto Rico.

03 August 2021

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