CarbonFree Technology’s $33 Million Acquisition of 4 Solar Power Plants in Maule and O´Higgins Regions


DLA Piper and Philippi Prietocarrizosa Ferrero DU & Uría advised on the deal

CarbonFree Technology executed its $33 Million Acquisition of 4 Solar Power Plants in Maule and O´Higgins Regions from Grenergy Renovables .

CarbonFree Technology is a recognized leader in the development and financing of solar projects across North America. The company has successfully commissioned more than 400 MW of solar projects, providing enough clean energy to power 53,600 homes.

CarbonFree has also established several innovative solar financing funds that are long-term owners of many of our projects.

Grenergy Renovables, S.A. is a project developer and an Independent Power Producers that generates renewable energy mainly through solar photovoltaic plants. The company, led by David Ruiz De Andres, Antonio Jimenez Alarcon and Daniel Lozano, in 2018 recorded €27 million revenues.

DLA Piper advised CarbonFree Technology Inc. with Matías Zegers (Picture), Diego Peña Diez and Eduardo Araya.

Philippi Prietocarrizosa Ferrero DU & Uría advised Grenergy Renovables S.A. with Federico Grebe and Carlos Larraín.

Involved fees earner: Eduardo Araya – DLA Chile; Diego Peña – DLA Chile; Matías Zegers – DLA Chile; Federico Grebe Lira – Philippi Prietocarrizosa Ferrero DU & Uría; Carlos Larraín Yunge – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: DLA Chile; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: CarbonFree Technology Inc.; Grenergy Renovables S.A.;