Clifford Chance advises Grenergy on US$355M financing
Clifford Chance has advised Grenergy on the closing of a USD355 million non-recourse senior financing for the Gran Teno, Tamango and Planchón projects, which together comprise 398 MW in solar capacity and 1.4 GWh in storage. These assets form part of Central Oasis, the hybrid generation and storage platform that Grenergy is developing in Chile.
The financing was provided by a syndicate of lenders composed of BNP Paribas, Banco Santander and
Rabobank.
The Clifford Chance team advising on the transaction was drawn from the firm’s Global Financial
Markets practice across several offices. From the Madrid office, the matter was led by partner José
Guardo (pictured), supported by counsel Eduardo Sánchez, senior associate Ángel Muñoz, associate Alejandro Cubillo, and junior associates Yago López and Asier Vivanco. From the Washington DC office, the team included partner Fabricio Longhin, with the support of associate Douglas Mulliken. From the New York office, associate Mariana Gutiérrez Ruiz also advised on the transaction.
