Chief legal officer | Latin American Power (LAP)
Michael Timmermann Slater
Chief legal officer | Latin American Power (LAP)
Chief officer of business development and legal affairs | Latin America Power
Listed in the inaugural GC Powerlist: Chile in 2017, Michael Timmermann Slater has continued his upward trajectory in Chile’s in-house legal market. Now, as chief officer of business development and...
‘Michael is a general counsel that you wish to interact with when facing sophisticated issues. He is very easy to work with, even when the workload is intense’, a source says when describing Michael Timmermann Slater, chief legal officer at Latin American Power (LAP). Having joined LAP shortly after its inception, Timmermann was promoted within six months to the position of chief legal officer after originally being recruited as the head of legal for its Chile business. He has been at the core of several leading renewable energy initiatives across Chile and Peru, including the flagship 184.8 MW San Juan wind farm which involved transnational deals with Swedish and Danish companies totalling around $350m. Timmermann and his team currently provide legal and commercial support to 22 projects undertaken by the company, thirteen of which are in operation and nine in development. Widely acclaimed for his strong negotiating skills, Timmermann leads the M&A and project financing practices in the United States, Netherlands, Chile and Peru and is secretary to the board of the holding company with an active role in the strategic and operational committees. Owing to the respectful position he has earned in the company’s hierarchy through his understanding of the business, LAP’s shareholders usually instruct Timmermann directly. In 2016 he was asked to co-lead a US-wide roadshow for the company whilst it sought a $420m private placement for some of its wind assets. In another career highlight he was responsible for leading LAP’s litigation proceedings against SunEdison, after the US renewable energy company filed for Chapter 11 bankruptcy in 2016. Since 2015, Timmermann has been combining his role at LAP with a directorial at the educational foundation Panal-Chile. Previous roles in Timmermann’s career include associate positions at law firms Barros & Errázuriz Abogados and Juan Carlos Cerda & Cia.