Particularly active in cross-border transactions, Morales & Besa's five-member energy group has notable expertise in the regulatory side to the development and operation of energy projects, including the negotiation of power purchase agreements. The team also assists with project-related due diligence, while clients additionally benefit from the full-service practice’s leveraging of the firm’s banking, finance and M&A credentials. The department’s key figures are Juan Carlos Valdivieso, a former Primer Energía general counsel who ‘has exceptional knowledge of the Chilean electricity industry and market’; and projects and infrastructure practice leader Carlos Silva. Experienced associate Constanza Araya advises on energy sector-related regulatory and transactional matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They team up very well and work towards good results for the project.’

  • ‘Appreciated for their human qualities, availability and good natures, even in moments of great tension and demand.’

  • ‘Maximum professionalism and knowledge of the industry.’

  • ‘Detailed technical knowledge and thoroughness in the service provided.’

  • ‘Commitment to the project that goes beyond the original mandate. Great knowledge of the electricity sector.’

  • ‘Solid technical knowledge.’

  • ‘A solid team, led by Juan Carlos Valdivieso. They have very good response times to clients’ requirements, delivering valuable advice from a technical, commercial, legal and administrative point of view.’

  • ‘Juan Carlos Valdivieso has exceptional knowledge of the Chilean electricity industry and market.’

Key clients

  • Sonnedix Solar International
  • Enel Generación Chile
  • Global Infrastructure Partners
  • Enel Green Power
  • DNB Bank
  • Eosol New Energy Group
  • Q-Energy (Qualitas)
  • Enerside

Work highlights

  • Advised Sonnedix on the acquisition of Arcadia Generación Solar from Enel Green Power Chile.
  • Advised Enel Generación and Enel Green Power on the structuring and signing of a purchase facility agreement with the Inter-American Investment Corporation for the purchase of securities to finance the costs of the MPC Law (a tariff stabilisation regime) and associated regulation.
  • Advised Global Infrastructure Partners on the expansion of its joint venture with AES Andes to develop a renewables and storage platform.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Juan Carlos Valdivieso