Solek. Project Itihue financing

1.  Deal Description

Guerrero Olivos represented Solek in the US$6 million disbursement for the solar PMGD 9MW project Itihue, under the Credit Agreement executed between Solek and Corporación Interamericana para el Financiamiento de Infraestructura (“CIFI”).

Itihue is one of the projects of Solek’s solar PMGD portfolio that was financed by CIFI for a total amount of USD15.1 million.

2.    Counsel list

Counsel to Solek

In Chile: Guerrero Olivos

Senior associate: Benjamín Novoa 

Associates: Matías Ríos and Sofía Middleton

International: White & Case

Counsel to CIFI

International: Clifford Chance

Chile: Carey y Cía.

3.    Date of closing

31/03/2022

4.    Deal Value

US$6 million. Project: US$10 million

5.    Jurisdictions involved

Chile and New York