TSGF SpA’s $195 million Financing


Philippi Prietocarrizosa Ferrero DU & Uría and Carey advised on the transaction

TSGF SpA secured a $195 million loan to develop a 190 MW solar power plant in Antofagasta, II Región from Banco de Sabadell S.A., BNP Paribas, The Korea Development Bank and Crédit Agricole Corporate and Investment Bank

TSGF SpA (GF SpA), owned by Total Nuevas Energías Chile SpA and SunPower Corporation SpA, is aimed at processing, managing and developing non conventional renewable energy projects in Chile since 2015.

Philippi Prietocarrizosa Ferrero DU & Uría advised Banco de Sabadell S.A. with Marcela Silva (Picture) Marcelo Armas, Daniel Parodi, Catalina Silva, Alejandro Espejo, Santiago Mesías and Vera Yacher.

Carey advised BNP Paribas, The Korea Development Bank and Crédit Agricole Corporate and Investment Bank with Felipe Moro, Loreto Ribera, Fernando Noriega, Nadia Jara and Rafael McKay.

Involved fees earner: Nadia Jara – Carey; Rafael McKay – Carey; Felipe Moro – Carey; Fernando Noriega – Carey; Loreto Ribera – Carey; Marcelo Armas Mac Donald – Philippi Prietocarrizosa Ferrero DU & Uría; Alejandro Espejo Torrico – Philippi Prietocarrizosa Ferrero DU & Uría; Santiago Mesías – Philippi Prietocarrizosa Ferrero DU & Uría; Daniel Parodi – Philippi Prietocarrizosa Ferrero DU & Uría; Marcela Silva – Philippi Prietocarrizosa Ferrero DU & Uría; Catalina Silva Donoso – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Carey; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Banco de Sabadell, S.A.; BNP Paribas; Crédit Agricole Corporate and Investment Bank; Korea Development Bank;

Author: Ambrogio Visconti.