
The large, 33-strong practice at full-service market stalwart Claro & Cia. routinely assists with structuring large-scale energy and infrastructure projects in both Chile and the wider Latin America region; it is particularly experienced in renewable energy and battery energy storage system developments. Highlights for the team include advising Atlas Renewable Energy on a $289 million financing for the BESS del Desierto project, reportedly one of the largest such projects in Latin America. Heading the team, energy sector expert Rodrigo Ochagavía has vast experience in off-take agreements, energy financings, decarbonisation processes, and the commercial, M&A and regulatory aspects of energy work, as well as in relation to sustainable energy solutions, Ochagavía is well known for advising on energy transition contracts involving large mining companies. Also integral to the practice, José Luis Ambrosy's track record includes several purchases and sales of energy sector assets; Luisa Núñez has significant experience in cross-border corporate and project finance deals; and the workload of energy and project finance specialist Ariel Mihovilovic ranges from greenfield developments, and project and company restructuring, to the acquisition and sale of energy-related assets. The next line of key advisers includes experienced transactions lawyer José María Eyzaguirre F, whose practice encompasses both energy and infrastructure sector work.
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Accolades
Client satisfaction
Key clients
- Glenfarne Group
- State Grid
- Toesca Asset Management
- AES Andes
- Interenergy
- Actis GP
- X-Elio
- Enfragen – Prime Energía
- FRV Chile
- Zelestra
Work highlights
Advised Atlas Renewable Energy on the $289m financing for the BESS del Desierto project in Chile.
Assisted the GenCos with the facility granted by the Inter-American Investment Corporation for up to $3.7bn for the purchase of certain securities issued by the Chilean Government through the FET (Fondo de Estabilización Tarifaria) to reduce the impact on Chile's power generation companies by the deferral of tariff increases.
Advised AES Andes on the expansion of its partnership with Global Infrastructure Partners for the growth and development of AES’ Greentrega Strategy.
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Practice head
Rodrigo Ochagavía
