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CMS Grau asesora a Colbún en la toma de control absoluto de Fénix Power / CMS Grau advises Colbún on acquiring full control over Fénix Power

Lima, 28 de agosto de 2025 - CMS Grau asesoró a Colbún Perú S.A. (“Colbún Perú”), subsidiaria de Colbún S.A. (“Colbún”) en la adquisición de la participación indirecta de Platinum Bolt A 2015 RSC Limited (“Platinum Bolt”) en Fénix Power Perú S.A. (“Fénix”), a través de la adquisición del 41.38% de las acciones emitidas por Inversiones de Las Canteras S.A. (“Las Canteras”). De esta manera, Colbún Perú se convirtió en titular de la totalidad de acciones emitidas por Las Canteras; y, por lo tanto, controlador absoluto de Fénix. El valor de la transacción superó los US$ 70 millones. Fénix es uno de los principales generadores del mercado eléctrico peruano, con una participación de alrededor del 8%. Su central termoeléctrica es la única de ciclo combinado dual en Perú (gas natural y vapor de agua) y tiene una potencia instalada de 572 MW. Colbún es una empresa generadora con 39 años de experiencia, siendo el tercer mayor operador eléctrico en el mercado chileno, con una cartera de más de 350 clientes industriales y empresas, cerca de 1.300 trabajadores y una potencia instalada de más 5.000 MW a través de 29 centrales de generación en Chile y Perú. El cierre de la operación se produjo el pasado 21 de agosto de 2025. Asesores Legales Externos de Colbún: CMS Grau: Socios Juan Carlos Escudero y Miguel Viale; y, equipo conformado por Cinthia Cánepa y Pablo Martínez. Barros & Errázuriz: Fernando Garrido. Asesores Legales Internos de Colbún: Rodrigo Pérez y Verónica Vergara. Asesores Legales Externos de Platinum Bolt: Rebaza, Alcázar y de las Casas: Socio Luis Miguel Elías y equipo conformado por Rafael Santín y Derek Ortmann. Linklaters: Socio Rupert Cheyne y Maxi Niefer. Lima, August 28, 2025 - CMS Grau advised Colbún Perú S.A. (“Colbún Perú”), subsidiary of Colbún S.A. (“Colbún”) in the acquisition of Platinum Bolt A 2015 RSC Limited’s (“Platinum Bolt”) indirect participation in Fenix Power Perú S.A. (“Fenix”), through the acquisition of 41.38% of the shares issued by Inversiones de Las Canteras S.A. (“Las Canteras”). Thus, Colbún Perú has become the holder of all of Las Canteras’ equity shares and, as a consequence thereof, sole controller of Fénix. The transaction value exceeded US$70 million. Fenix is one of the main generators in the Peruvian energy market, with a share of approximately 8% of the market. Its thermoelectrical power plant is the only one with a dual combined cycle in Peru (natural gas and water steam) and has an installed capacity of 572 MW. Colbún is a power generation company with 39 years of experience. It is the third largest electricity operator in the Chilean market, with a portfolio of more than 350 industrial and corporate customers, nearly 1,300 employees and an installed capacity of over 5,000 MW across 29 power plants in Chile and Peru. The closing of the transaction occurred on August 21. External Legal Advisors for Colbún: CMS Grau: Partners Juan Carlos Escudero and Miguel Viale, and team composed of Cinthia Cánepa and Pablo Martínez. Barros & Errázuriz: Fernando Garrido. Internal Legal Advisors for Colbún: Rodrigo Pérez and Verónica Vergara. External Legal Advisors for Platinum Bolt: Rebaza, Alcázar y de las Casas: Partner Luis Miguel Elías, and team composed of Rafael Santín and Derek Ortmann. Linklaters: Partner Rupert Cheyne y Maxi Niefer.
02 September 2025
Press Releases

CMS Grau advises FIBRA Sura Asset Management II on a medium-term financing

CMS Grau advised the Real Estate Investment Fund Sura Asset Management II (SURA) as the borrower of a medium-term loan,structured by Banco BTG Pactual S.A.: - Cayman Branch (BTG), intended for the refinancing of the fund's debts with third parties (the “Loan”). SURA is a real estate investment fund duly registered with the Public Registry of the Securities Market of the Superintendence of the Securities Market (SMV) under the General Regime, which was structured and is managed by Fondos Sura SAF S.A.C. The Loan will be backed by a package of guarantees, including a mortgage granted by SURA on a property it owns. The closing of the transaction took place on May 9, 2024, while the funds were disbursed by BTG in favor of SURA on May 15, 2024 and September 12, 2024. External Legal Advisors for SURA: CMS Grau: Partner Miguel Viale, and team composed of Cinthia Cánepa and Gabriel Nájar. Internal Legal Advisors for BTG: Laura Teodoro, Karim Abuid, and Rosario Siu. External Legal Advisors for BTG: DLA Piper Peru: Partner Sergio Barboza, and team composed of Juan Carlos Ramírez, Ricardo Mercado, Alexandra del Río, and Ariana Villegas.  
05 November 2024
Press Releases

CMS Grau advises FIBRA Sura Asset Management II on a medium-term financing

CMS Grau advised the Real Estate Investment Fund Sura Asset Management II (SURA) as the borrower of a medium-term loan,structured by Banco BTG Pactual S.A.: - Cayman Branch (BTG), intended for the refinancing of the fund's debts with third parties (the “Loan”). SURA is a real estate investment fund duly registered with the Public Registry of the Securities Market of the Superintendence of the Securities Market (SMV) under the General Regime, which was structured and is managed by Fondos Sura SAF S.A.C. The Loan will be backed by a package of guarantees, including a mortgage granted by SURA on a property it owns. The closing of the transaction took place on May 9, 2024, while the funds were disbursed by BTG in favor of SURA on May 15, 2024 and September 12, 2024. External Legal Advisors for SURA: CMS Grau: Partner Miguel Viale, and team composed of Cinthia Cánepa and Gabriel Nájar. Internal Legal Advisors for BTG: Laura Teodoro, Karim Abuid, and Rosario Siu. External Legal Advisors for BTG: DLA Piper Peru: Partner Sergio Barboza, and team composed of Juan Carlos Ramírez, Ricardo Mercado, Alexandra del Río, and Ariana Villegas.  
25 September 2024
Press Releases

CMS Grau advises INTERBANK on financing up to S/ 80 million for Aruma

CMS Grau advised Banco Internacional del Perú S.A.A. (Interbank) as lender in the structuring, negotiation, and disbursement of a medium-term loan of up to S/ 80 million (the ‘Loan’) in favour of Tiendas Aruma S.A.C. (‘Aruma’), which will be used by Aruma for various corporate purposes. The loan is secured by a package of guarantees, including a trust agreement, with Interbank and BCP as trustees, Aruma as trustor, and La Fiduciaria S.A. as trustee, to which the collection rights and cash flows of certain shops operated by Aruma were transferred. The closing of the transaction and the disbursement of the funds was made on Thursday 29 August 2024. Aruma is part of Grupo Lindcorp and stands out as the first beauty store in Peru, with nearly 100 locations nationwide. This transaction is particularly significant for the group, as “it will boost Aruma's accelerated growth in this sector, creating professional growth opportunities for hundreds of women in the stores and energising formal retail” (Marco Pastor – CFO & Business Development Grupo Lindcorp). External Legal Advisors for Interbank: CMS Grau: Partner Juan José Hopkins and team composed by Cinthia Cánepa, Gabriel Nájar and Juan Andrés Carrera. Internal Legal Advisors for Interbank: Viviana Tapia and Mariano Chumpitaz. External Legal Advisors for Aruma: PPU: Partner Antonio Guarniz and team composed by Víctor Bravo and Daniela Fortón. Legal team of La Fiduciaria: Diego Uribe, Gabriela Soto and Valeria Falla.  
25 September 2024
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