Solarpack Corporación Tecnológica, S.A.’s $51.5 Million Acquisition of 90,5% interest in Panamericana Solar S.A.C. and Tacna Solar S.A.C.


Rodrigo, Elías & Medrano and Muñiz, Ramírez, Pérez-Taiman & Olaya advised on the deal

Pantac Holdco S.L., operating as a subsidiary of Solarpack Corporación Tecnológica, S.A., acquire 90,5% interest in Panamericana Solar S.A.C. and Tacna Solar S.A.C., from Tawa Solar Fund LP, CAF Banco de Desarrollo de América Latina and X-Elio Energy S.L., for $51,5 million.

Solarpack Corporacion Tecnologica SA provides solar plant construction, development, and management services. the company, in 2018, recorded €26.9 million revenues.

Rodrigo, Elías & Medrano advised Pantac Holdco S.L. and Solarpack Corporación Tecnológica, S.A. with Juan Diego De Vinatea and Juan Antonio Pinilla.

Muñiz, Ramírez, Pérez-Taiman & Olaya advised Tawa Solar Fund LP with Mauricio Olaya Nohra, Ricardo de la Piedra and Beatriz Melo.

Rodrigo, Elías & Medrano also advised CAF on the deal with a team including Jorge Trelles and Cecilia Cánepa.

Involved fees earner: Ricardo de la Piedra – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Beatriz Melo Santaella – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Mauricio Olaya Nohra – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Cecilia Cánepa – Rodrigo, Elías & Medrano Abogados; Juan Diego De Vinatea – Rodrigo, Elías & Medrano Abogados; Juan Antonio Pinilla – Rodrigo, Elías & Medrano Abogados; Jorge Trelles – Rodrigo, Elías & Medrano Abogados;

Law Firms: Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Rodrigo, Elías & Medrano Abogados;

Clients: CAF –development bank of Latin America; Solarpack Corporacion Technologica, S.L.; Tawa Solar Fund LP;

Author: Ambrogio Visconti.