$35 Million loan for Solarpack


CMS Carey & Allende and Claro & Cia. have advised on the transaction

Solarpack secures $35 Million Loan to finance the construction of Pozos Almonte I, Calama Solar I and Puerto Seco de Generación Distribuida Solar Power parks.

Banco BICE and Banco Consorcio has granted the financing.

Solarpack Corporacion Tecnologica, S.L. engages in developing, financing, constructing, operating, and managing solar photovoltaic generation plants in Spain, Chile, Uruguay, Peru, South Africa, Panama, and India. The company, led by Pablo Burgos is based in Spain.

CMS Carey & Allende has advised Solarpack Corporación Tecnológica S.L. with Luis Felipe Arze (Picture), Diego Rodríguez and José María Martin.

Claro & Cia. has advised Banco BICE and Banco Consorcio with José Luis Ambrosy, Francisca Larraín, Andrés de Sante and Josefina Covarrubias.

Involved fees earner: Luis Felipe Arze – Carey & Allende – CMS; Diego Rodríguez – Carey & Allende – CMS; José María Martin – Carey & Allende – CMS; José Luis Ambrosy – Claro y Cia; Francisca Larraín – Claro y Cia; Andrés de Sante – Claro y Cia; Josefina Covarrubias – Claro y Cia;

Law Firms: Carey & Allende – CMS; Claro y Cia;

Clients: Banco BICE; Banco Consorcio; Solarpack Corporacion Tecnologica, S.L. ;

Avatar

Author: Ambrogio Visconti.