CVE Chile’s $11.2 Million Bridge Financing

Morales & Besa advised on the transaction

CVE Chile secured a $11.235 million bridge financing from Cap Vert Energie (CVE).

Proceeds will be used to finance the development and the VAT taxes connected to Pilpilen, Citrino, Casuto, Cocharca and Tricahue Dos Solar power projects.

Cap Vert Energie, SAS operates as a renewable energy production company. It focuses on developing, financing, building, and operating solar power plants and anaerobic digestion units in France and internationally. Its solutions include photovoltaic solar, biogas, hydropower, and renewable power sales. The company was incorporated in 2009 and is based in Marseille (FR).

Morales & Besa advised Cap Vert Energie (CVE) with Carlos Silva, Javier Balbontín H. Asociados Bernardo Mora V. and Pedro Pablo Valenzuela C.

Involved fees earner: Javier Balbontín – Morales & Besa; Bernardo Mora – Morales & Besa; Carlos Silva – Morales & Besa; Pedro Pablo Valenzuela C. – Morales & Besa;

Law Firms: Morales & Besa;

Clients: Cap Vert Energie, SAS;

Author: Ambrogio Visconti.