Copenhagen Infrastructure Partners. Investment in the largest green hydrogen project in Chile. Proyecto Magallanes

1.       Deal Description

Guerrero Olivos represented Copenhagen Infrastructure Partners, Danish fund manager specializing in renewable energy infrastructure investments (“CIP”), in the due diligence of a development Project located in de Magallanes, consisting of a wind park, electrolyzer, port, desalt plant and an ammonia plant. Our team advised CIP on Chilean law aspects of the joint venture with AustriaEnergy and Oekowind, including the joint venture agreements and associated corporate structuring.

Relevance to this assistance is that this is one of the largest projects in Chile for the development of green hydrogen in our country.

2.       Counsel list

Counsel to CIP: Guerrero Olivos

Partner: Marco Zavala and Alejandro Chechilnitzky

Senior Associates: Benjamín Novoa, Francisca Pellegrini and Felipe Frühling

Associates: Andrea Olea, Antonia Ibarra, Benjamín Sims, Juan Luis Vial, Josefina Sánchez, Jerónimo Zabala and Daniela Ahumada

Other counsels:

Barros & Errázuriz

Mena y Guijón Abogados

Tejs Dyrvig Ernst from Bechbruun, from Accura Legal

3.       Date of closing

17/12/2021

4.       Deal Value

Confidential

5.       Jurisdictions involved

Chile, Denmark and Spain