Cap Vert Energie’s $80 Million Financing


Garrigues, Orrick and Guerrero Olivos advised on the transaction

Cap Vert Energie has secured refinancing of a credit agreement with Banco Security, for the acquisition, construction and operation of six photovoltaic projects in Chile. All projects are small distributed generation projects (PMGDs).

Natixis’ NY branch served as senior lender, and is set to finance the acquisition of the photovoltaic project, named Tricahue, which is owned by Solarpack Chile, as well as the future acquisition of other projects. The transaction includes a VAT financing granted by Banco Security.

Cap Vert Energie SAS (CVE) operates as a renewable energy company. The Company develops and manages solar and biogas plants that generates and distributes electricity. CVE serves clients worldwide.

Garrigues advised Natixis New York Branch and Banco Security with Pedro García Morales (Picture), Antonio Morales, Francisco Irarrázaval A., María Francisca Correa and Esteban Orhanovic.

Orrick advised Asesores de Cap Vert Energie with William Haft, Nikiforos Mathew, Ramon Galvan and Kelsi Cronkhite.

In Chile, Guerrero Olivos advised Cap Vert Energie with Sebastián Yunge, Gabriela Correa, Benjamín Novoa, Felipe Fruhling and Antonia Namur.

Involved fees earner: María Francisca Correa – Garrigues; Pedro García Morales – Garrigues; Francisco Irarrázaval Armendáriz – Garrigues; Antonio Morales Mutis – Garrigues; Gabriela Correa – Guerrero Olivos; Felipe Fruhling Knapp – Guerrero Olivos; Antonia Namur – Guerrero Olivos; Benjamín Novoa Mackenna – Guerrero Olivos; Sebastián Yunge Eyzaguirre – Guerrero Olivos; Kelsi Cronkhite – Orrick; Ramón Galvan – Orrick; William Haft – Orrick; Nikiforos Mathews – Orrick;

Law Firms: Garrigues; Guerrero Olivos; Orrick;

Clients: Banco Security; Cap Vert Energie, SAS; Natixis;

Author: Ambrogio Visconti.