Grenergy Renovables Secures 3 Credit Facilities


Carey and Garrigues have advised on the deal

Grenergy Renovables, S.A. operates as a project developer and an independent power producer. The company generates renewable energy, primarily through photovoltaic and wind energy plants. It has a pipeline of approximately 1,000 megawatts in development projects in Chile, Mexico, Peru, and Spain. The company, led by David Ruiz de Andrés, Antonio Jiménez Alarcón and Hugo Galindo Pérez, is based in Spain.

Proceeds will be used to finance 3 Solar power plants.Banco Security, Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A. and CN Life, Compañía de Seguros de Vida have granted the credit facilities.

In Chile, Carey has advised Banco Security, Compañía de Seguros de Vida, Consorcio Nacional de Seguros S.A., and CN Life, Compañía de Seguros de Vida with a team including Felipe Moro (Picture), Juan Pablo Stitchkin, Matías Vergara, Fernando Noriega, Pablo Morales, María José Martínez, Miguel Saldivia, Maximiliano Urrutia, Claudia Kraemer, Borja Coz, Paluska Solar, Juan Pablo Loyola, Gabriel Acuña, Ximena de la Jara, Patricia Montt, Diego Lasagna, Martín Pérez-Cotapos, Valentina Mendoza and Valentina Vizcay.

In Spain Garrigues has advised Banco Security; Compañía de Seguros de Vida, Consorcio Nacional de Seguros S.A., and CN Life, Compañía de Seguros de Vida Marcos Botella Serrano y Raúl Suárez Pascual. with a team including Marcos Botella Serrano and Raúl Suárez Pascual.

Involved fees earner: Felipe Moro – Carey; Matías Vergara – Carey; Fernando Noriega – Carey; María José Martínez – Carey; Paluska Solar – Carey; Juan Pablo Loyola – Carey; Gabriel Acuña – Carey; Patricia Montt – Carey; Diego Lasagna – Carey; Valentina Vizcay – Carey; Pablo Morales – Carey; Miguel Saldivia – Carey; Maximiliano Urrutia – Carey; Borja Coz – Carey; Ximena de la Jara – Carey; Valentina Mendoza – Carey; Juan Pablo Stitchkin – Carey; Claudia Kraemer – Carey; Martín Pérez Cotapos – Carey; Raúl Suárez Pascual – Garrigues; Raúl Suárez Pascual – Garrigues;

Law Firms: Carey; Garrigues;

Clients: Banco Security; Compania de Seguros de Vida Consorcio Nacional de Seguros S.A.; CN Life Compania De Seguros De Vida SA;

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Author: Ambrogio Visconti.