Global Infrastructure Partners (GIP), a leading independent infrastructure investor, and Actis, a leading global investor in sustainable infrastructure, today jointly announced the completion of the acquisition of Atlas Renewable Energy (Atlas) by GIP. Atlas is the second largest independent renewables developer in Latin America with 14 fully contracted solar assets that produce 2.3GW of installed capacity across Brazil, Chile, Mexico, and Uruguay.
Latham & Watkins LLP represented GIP in the transaction with a deal team led in Spain by partners Fernando Colomina and María José Descalzo (both pictured), with associates Aitor Errasti and Leticia Sitges;
In general, the international team was led by partner Tony Del Pino, with associates John Karantonis, Carlos Ardila, Daley King, Costanza Garcia, Maria Pilar Villanueva, and Francisco Lanusse. Advice was also provided on finance matters by partner David Penna and counsel Marcela Ruenes, with associate Ana Nuñez Cárdenas; on tax matters by partners Sean Finn, Alan Kimball, Jordi Domínguez, and Iván Rabanillo; on employment and benefits matters by partner Adam Kestenbaum and counsel Laura Szarmach, with associate Grace Tang; on anticorruption and sanctions matters by partner Nathan Seltzer, with associate Matthew Crawford; on real estate matters by partner Robert Frances and counsel Aaron Friberg; on environmental matters by partner Chris Norton; on hedging and derivatives matters by counsel Brett Ackerman, with associates Ashley Weeks and Tiiu Lemsalu; and on representations and warranties insurance matters by partner Drew Levin, with associate Harrison White.
On the other side, Pérez-Llorca advise Actis with a team formed by its corporate partner, Javier Gómez and its corporate lawyers, Gonzalo Sánchez-Quiñones, Victoria Martin di Costanzo and Guillermo Giménez. In addition, other firms also participated on the Actis side, such as: Skadden, Arps, Slate, Meagher & Flom, Mattos Filho, Claro & Cia., Mijares Angoitia Cortes y Fuentes, Ferrere and Loyens & Loeff.