Ibereólica Cabo Leonés III’s $110.8 Million Financing


Philippi Prietocarrizosa Ferrero DU & Uría, Squire Patton Boggs and Morales & Besa advised on the transaction

Ibereólica Renovables secured a $110.8 Million Financing for Ibereólica Cabo Leonés III in order to finance the construction and operation of Cabo Leones III wind farm.

The project consists of the construction and operation of a wind farm composed of 50 wind turbines of 3.465 MW capacity each, with connection point to Maitencillo substation, and which electric power will be destined to the Great North Interconnected System.

Philippi Prietocarrizosa Ferrero DU & Uría advised Ibereólica Renovables with Marcela Silva González (Picture), Guillermo Vial Yavar, Ignacio Vargas, Macarena Valenzuela, Francisca Rebolledo and Santiago Mesías.

Squire Patton Boggs advised Ibereólica Cabo Leones III with a team including Manuel Mingot, James E. Morgan, Kevin Levey, Dynda Thomas, Ángela Mariana Freyre and Rafael Mozo.

Morales & Besa advised Sumitomo Mitsui Banking Corporation and Banco Santander-Chile on the senior credit facility with a team including José Miguel Carvajal, Ignacio Menchaca G., Sebastián Leyton, Paloma Infante, James Channing, María Francisca Estrougo, Sebastián Nieme, Alfonso De Urruticoechea, Augusta Quiñones and Gabriela Leaño.

Morales & Besa also advised Sumitomo Mitsui Banking Corporation and Banco Santander-Chile on the financing of VAT with Myriam Barahona A., Jaime Rosso G., Paulo Quinteros C. and Ignacio Chomalí V.

Involved fees earner: Myriam Barahona – Morales & Besa; José Miguel Carvajal – Morales & Besa; James Channing – Morales & Besa; Ignacio Chomalí V. – Morales & Besa; Alfonso De Urruticoechea – Morales & Besa; María Francisca Estrougo R. – Morales & Besa; Paloma Infante M. – Morales & Besa; Sebastián Leyton – Morales & Besa; Ignacio Menchaca – Morales & Besa; Sebastián Nieme S. – Morales & Besa; Augusta Quiñones F. – Morales & Besa; Paulo Quinteros – Morales & Besa; Jaime Rosso G. – Morales & Besa; Santiago Mesías – Philippi Prietocarrizosa Ferrero DU & Uría; Francisca Rebolledo – Philippi Prietocarrizosa Ferrero DU & Uría; Marcela Silva – Philippi Prietocarrizosa Ferrero DU & Uría; Macarena Valenzuela Sepúlveda – Philippi Prietocarrizosa Ferrero DU & Uría; Ignacio Vargas – Philippi Prietocarrizosa Ferrero DU & Uría; Guillermo Vial – Philippi Prietocarrizosa Ferrero DU & Uría; Ángela Mariana Freyre – Squire Patton Boggs; Kevin Levey – Squire Patton Boggs; Manuel Mingot – Squire Patton Boggs; James Morgan – Squire Patton Boggs; Rafael Mozo – Squire Patton Boggs; Dynda Thomas – Squire Patton Boggs;

Law Firms: Morales & Besa; Philippi Prietocarrizosa Ferrero DU & Uría; Squire Patton Boggs;

Clients: Banco Santander-Chile; Grupo Ibereólica, S.L.; Ibereólica Cabo Leones III; Sumitomo Mitsui Banking Corporation;