Actis’s acquisition of an 110MW El Pelicano Solar Plant in Chile from SunPower Corporation

Clifford Chance has advised Actis on its acquisition of an 110MW El Pelicano Solar Plant (“El Pelicano”) in Chile from SunPower Corporation. El Pelicano commenced commercial operation on November 2017.

The project is expected to deliver 300GWh of electricity annually to Metro de Santiago, Santiago’s underground railway system.

The Firm has also recently advised the AELA Group, a joint venture owned by Actis and Mainstream Renewable Power, on the financing of the development of the 170 MW Sarco and 129 MW Aurora wind farms located in Chile.

The Firm’s cross-border team advising Actis was led by partners David Brinton (New York, in picture) and Nicholas Hughes (London) with the support of partner Jose Guardo (Madrid) and senior associate Thais Garcia (NY). Other team members included associates Spencer Orton (NY), Lane Feler (NY), Patricio Abal (DC), Marta Ruiz (Madrid), Pablo Cancelo (Madrid) and Jonathan Dillon (London).

 

Involved fees earner: David Brinton – Clifford Chance; Nicholas Hughes – Clifford Chance; Thais Garcia – Clifford Chance; Jonathan Dillon – Clifford Chance; Lane Feler – Clifford Chance; Spencer Orton – Clifford Chance; José Guardo – Clifford Chance; Marta Ruíz – Clifford Chance; Patricio Abal – Clifford Chance; Pablo Cancelo – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Actis LLP;