EIG Global Energy Partners’s $758 Million Financing of Maria Elena Project

Milbank, Morales & Besa, Broseta Abogados, Barros & Errázuriz and Clifford Chance advised on the transaction

Cerro Dominador, owned by investment funds managed by EIG Global Energy Partners, secured $758 million financing for the project in Maria Elena, near Calama, in the Antofagasta Region.

The $758 million financing has been subscribed by Natixis, Deutsche Bank, Société Générale, ABN AMRO, Banco Santander, Commerzbank and BTG Pactual.

EIG Global Energy Partners is a private equity firm specializing in growth capital and buyout investments. The firm, led by Robert Blair Thomas, William Charles Sonneborn and Pritpal Aujla, invests across the entire energy value chain. It invests in upstream oil and gas; midstream; energy related infrastructure; renewables; power generation, transmissions and distribution; companies; mining; real estate; geothermal sector; and resource projects and companies.

Morales & Besa advised EIG with Eugenio Besa (Picture), Francisca Pérez, Sénior Sebastián Leyton, Ignacio Menchaca, Lorena Barrientos, Verónica Vergara, Gabriela Leaño, José Manuel Llamazales, Sebastián Nieme, Manuel José Eyzaguirre, Javiera Veloso and Christian Canet.

Broseta Abogados advised EIG with Antonio Navarro.

In US, Milbank advised EIG.

Barros & Errázuriz advised the banks with Francisco de la Barra, Nicolás Balmaceda, Enrique Barros, Juan José Izquierdo, Nicole Ubal, Jean André Petit, Joaquín Uauy and Diego Pérez.

Clifford Chance advised the banks with Fabricio Longhin, Edward Bretherton, Rob Richardson, Eduardo Sanchez, Boris Alonso, Patricio Abal, Greg Jehle and Eli Keene.

Involved fees earner: Francisco de la Barra – Barros & Errázuriz Abogados; Nicolás Balmaceda – Barros & Errázuriz Abogados; Enrique Barros – Barros & Errázuriz Abogados; Juan José Izquierdo – Barros & Errázuriz Abogados; Nicole Ubal – Barros & Errázuriz Abogados; Jean André Petit – Barros & Errázuriz Abogados; Joaquín Uauy – Barros & Errázuriz Abogados; Diego Pérez Muñoz – Barros & Errázuriz Abogados; Antonio Navarro – Broseta Abogados; Eugenio Besa – Morales & Besa; Ignacio Menchaca – Morales & Besa; José Manuel Llamazales – Morales & Besa; Sebastián Nieme S. – Morales & Besa; Lorena Barrientos – Morales & Besa; Manuel José Eyzaguirre – Morales & Besa; Javiera Veloso – Morales & Besa; Christian Canet – Morales & Besa; Francisca Pérez – Morales & Besa; Sebastián Leyton – Morales & Besa; M. Verónica Vergara A. – Morales & Besa; Gabriela Leaño – Morales & Besa; Fabricio Longhin – Clifford Chance; Rob Richardson – Clifford Chance; Eduardo Sánchez – Clifford Chance; Boris Alonso – Clifford Chance; Patricio Abal – Clifford Chance; Edward Bretherton – Clifford Chance;

Law Firms: Barros & Errázuriz Abogados; Broseta Abogados; Morales & Besa; Clifford Chance;

Clients: BTG Pactual; Commerzbank AG; Deutsche Bank; Natixis; Banco Santander Sa; Société Générale; ABN AMRO; EIG Global Energy Partners;

Author: Ambrogio Visconti.