Mr Ariel Mihovilovic > Claro & Cia. > Santiago, Chile > Lawyer Profile

Claro & Cia.
CÓD POSTAL 755 0177
Ariel Mihovilovic photo

Work Department

Mergers & Acquisitions, Business Organizations, Project Finance, Energy


Significant practice areas include: Mergers & Acquisitions, Business Organizations, Project Finance , Energy


Ariel Mihovilovic has concentrated his practice in Mergers and Acquisitions, Business Organizations, Energy and Project Finance. He also has experience in Litigation and Arbitration and Capital Markets. Since 2012 he is a Civil Law Professor at the School of Law of the Pontificia Universidad Católica de Chile, where he previously was an assistant-professor of Civil, Economic and Business Law (2003-2009). He worked as an international visiting attorney at Skadden, Arps, Slate, Meagher & Flom, New York, between 2010 and 2011. He is admitted to practice in Chile and in the State of New York. He joined Claro & Cia. in 2007 and became a partner in 2017.


Spanish, English and German.


LL.M., Harvard Law School, Beca Chile Scholarship, 2009-2010.

J.D., Pontificia Universidad Católica de Chile, 2006.

Recipient of Tocomal and Pedro N. Montenegro Awards, Pontificia Universidad Católica de Chile, School of Law, granted to the best student of his class, 2006.

Lawyer Rankings

Chile > Corporate and M&A

(Next Generation Partners)

Ariel MihovilovicClaro & Cia.

With great legal expertise and the ability to make mega-deals happen‘, Claro & Cia.‘s 30-strong department is a market leader for M&A, from due diligence, structuring and negotiation to the drafting and completion of highly complex acquisition agreements. Typical work includes share and asset deals, cross-border mergers, takeovers, and exchange offers of dual-listed companies; the team is also highly rated for M&A work involving publicly-listed clients and target companies, while being constantly sought out for its related expertise in tender offers, securities laws and corporate governance. Practice head José María Eyzaguirre B is a cross-border M&A transactions specialist; Rodrigo Ochagavía has extensive M&A experience in regulated sectors such as energy, pension funds and insurance; and Matías de Marchena is an energy deal expert. Other widely respected practitioners are Felipe Larraín (cross-border transactions involving foreign investors); Ariel Mihovilovic (acquisition and sale of energy sector assets); Juan José León, who focuses on funds and asset managers; and cross-border transactions expert José María Eyzaguirre F. At associate level, Gerardo Otero focuses on M&A, restructuring, project finance and corporate matters, while former counsel Jaime Salas moved to Boza & Muirhead in March 2021.

Chile > Banking and finance

(Next Generation Partners)

Ariel MihovilovicClaro & Cia.

The sizeable 29-member team at ‘first-class law firm‘ Claro & Cia. has a pre-eminent name in the market for its expertise in designing and structuring complex financial products and innovative banking transactions, including multilateral and cross-border financing, project finance, loans and structured solutions. The team is led by Rodrigo Ochagavía, who has extensive banking and finance experience in regulated sectors such as energy, mining, pension funds, banking institutions and insurance companies; and José María Eyzaguirre B, who also heads the firm’s M&A practice. Also integral to the practice are Cristóbal Eyzaguirre, who is consistently sought out by banking and financial institutions (and their boards of directors); Jorge Martín (infrastructure and transportation project finance); José Luis Ambrosy (‘stands out for his knowledge and experience‘); and energy and project finance specialist Ariel Mihovilovic. An additional line of advisers includes recently elevated partner José María Eyzaguirre F and experienced lawyer Gerardo Otero. Former counsel Jaime Salas moved to Boza & Muirhead Abogados in March 2021.

Chile > Energy and natural resources > Electricity and hydrocarbon

Housing a sizeable 25-strong department, Claro & Cia. is widely respected for its advice on energy generation, transmission and distribution matters, including the development, construction, operation and financing of hydroelectric, solar, wind and thermoelectric power plants; the team is also consistently sought out for the project financing and construction of oil and gas pipelines. Additionally, the practice handles PPAs; corporate, regulatory and litigation issues; and fields water law specialists who advise across the mining, electricity, agricultural and finance sectors (in relation to projects requiring substantial water consumption). With extensive energy-related finance experience Rodrigo Ochagavía leads the practice, which additionally showcases José Luis Ambrosy (corporate finance, brownfield and greenfield projects and capital markets); cross-border finance and transactional specialist Luisa Núñez; and energy and project finance expert Ariel Mihovilovic. Focused on M&A, restructuring, project finance and corporate matters, Gerardo Otero is the associate to note.

Chile > Projects and infrastructure

(Next Generation Partners)

Ariel MihovilovicClaro & Cia.

Fielding one of Chile’s most experienced project finance and development practices, Claro & Cia.‘s 25-strong department has a market-leading reputation for its advice on the development, construction, operation, acquisition, disposition, ownership and financing of energy and infrastructure projects. Representative work includes assisting with the construction development and financing of power plants; transmission lines and sub-stations; greenfield and brownfield projects; negotiating and drafting engineering, procurement and construction (EPC) and operation and maintenance (O&M) agreements; transmission and interconnection contracts; and supply and power purchase agreements. Clients additionally benefit from the firm’s strong credentials in litigation and infrastructure-related public concessions. Rodrigo Ochagavía has extensive project finance experience; Jorge Martín focuses on structuring, developing and financing international infrastructure and transportation projects, as well as the acquisition and sale of energy and infrastructure assets; José Luis Ambrosy‘s broad practice includes brownfield and greenfield projects; Luisa Núñez has extensive cross-border transactions experience; and Ariel Mihovilovic is an energy and project finance expert. The strong second line of advisers includes experienced partner José María Eyzaguirre F and associate Gerardo Otero.