Toesca Infraestructura II’s $113 Million Acquisition of Norgener Interest in Empresa Eléctrica Cochrane

Larrain y Asociados, Claro y Cia and Morales & Besa advised on the transaction

Toesca Infraestructura II executed its $113 million acquisition of Norgener interest in Empresa Eléctrica Cochrane.

Empresa Electrica Cochrane SpA is engaged in the generation, transmission, and supply of electricity. The company operates in Chile.

Toesca Infraestructura Fondo de Inversion is a closed-end fund incorporated in Chile.

Larrain y Asociados advised Toesca Infraestructura with a team led by Juan Carlos Bulnes (Picture) and including, Juan de Dios Ferrada (Corporate/M&A), Francisco Cerda (Energy) and Michelle Insunza (Finance).

Claro y Cia advised Norgener Inversiones with Rodrigo Ochagavía and Jaime Salinas.

Morales & Besa advised Banco BCI Euro América, Principal and Penta Vida – financing the acquisition – with a team including Myriam Barahona and Clemente Silva.

Involved fees earner: Rodrigo Ochagavía – Claro y Cia; Jaime Salinas – Claro y Cia; Clemente Silva – Claro y Cia; Juan Carlos Bulnes C. – Larrain y Asociados; Francisco Cerda – Larrain y Asociados; Juan de Dios Ferrada – Larrain y Asociados; Michelle Insunza – Larrain y Asociados; Myriam Barahona – Morales & Besa; José Manuel Meli – Morales & Besa;

Law Firms: Claro y Cia; Larrain y Asociados; Morales & Besa;

Clients: Banco BCI; Euro América; Norgener SPA ; Penta Vida Compañía de Seguros de Vida S.A.; Principal Compañía de Seguros de Vida Chile S.A.; Toesca Infraestructura Fondo de Inversión;

Author: Ambrogio Visconti.