Genneia’s Acquisition of Ullum 1 – 2 and 3 Solar Power Projects

Errecondo, González & Funes, Clifford Chance and Marval, O’Farrell & Mairal advised on the deal

Genneia finalized the acquisition of 3 solar power plants project in San Juan province from 360 Energy S.A. and Energías Sustentables S.A.

The Three projects: Ullum 1 Solar S.A., Ullum 2 Solar S.A. and Ullum 3 Solar S.A. have an aggretated power of 82 MW.

Genneia S.A. provides energy solutions in Argentina. It generates electricity primarily through wind and thermal energy sources. The company operates seven conventional thermal plants in Buenos Aires and Entre Rios; and a wind farm in Chubut.

Errecondo, González & Funes advised Genneia with Facundo Goslino, Mario Segers and Pedro Torassa.

In Spain, Clifford Chance advised Genneia with José Guardo (Picture) and Pablo Cancelo.

Marval, O’Farrell & Mairal advised 360 Energy S.A. and Energías Sustentables S.A. with Gabriel Matarasso, Osvaldo Norte Sabino (h) and Pedro Enrique Cressall.

Involved fees earner: Facundo Goslino – Errecondo, Gonzalez & Funes ; Mario Segers – Errecondo, Gonzalez & Funes ; Gabriel Matarasso – Marval, O’Farrell & Mairal; Pedro Enrique Cressall – Marval, O’Farrell & Mairal; Osvaldo Norte Sabino (h) – Marval, O’Farrell & Mairal; José Guardo – Clifford Chance; Pablo Cancelo – Clifford Chance;

Law Firms: Errecondo, Gonzalez & Funes ; Marval, O’Farrell & Mairal; Clifford Chance;

Clients: Genneia S.A.; 360 Energy S.A.; Energías Sustentables S.A.;