Prominent market specialists in structuring and advising on project finance and renewable energy matters, Claro & Cia.’s projects and infrastructure team is at the forefront on some of Chile’s largest and most complex matters. The firm has played a critical role in milestone transactions, including mezzanine financings, and construction, supply and financing agreements, for a litany of projects. Recent notable matters include Atlas Renewable Energy’s $289m financing for the BESS del Desierto project, one of Latin America’s largest battery energy storage systems; and the mezzanine financing for Verano Energy’s solar portfolio. The team’s multi-disciplinary expertise extends beyond energy, with the practice advising on strategic infrastructure projects such as Scala Data Centers’ groundbreaking project financing, Cristalerías de Chile’s plant expansion, and AES Andes’ Greentegra decarbonisation program. The firm continues to shape Chile’s energy transition, advising on major renewable energy financings, including EnfraGen’s $200m solar PV project. Practice head Rodrigo Ochagavía leads the team and is a longstanding mainstay of the project finance segment in particular; his experience encompasses decades of work in the energy and ports sectors, particularly -of late- on energy transition contracts. Partners José Luis Ambrosy and Jorge Martín bring further in-depth expertise to the practice, both specialising in renewable energy projects including PMGD portfolios, battery energy storage systems (BESS), gas terminals and solar projects. Luisa Núñez focuses on cross-border finance transactions, as well as frequently advising on regulatory issues and public works concessions. Ariel Mihovilovic work is centred on the energy sector, where he handles complex financial structuring and project finance for greenfield developments. Hernán Felipe Valdés' practice focuses on construction and development projects; and José María Eyzaguirre F works primarily on energy and infrastructure matters.
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Accolades

Client satisfaction

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent professionalism, diverse perspectives, and extensive discussions. Impeccable professionalism as a partner.’

  • ‘Rodrigo Ochagavía with his expertise and great judgment; Nicolás Luco with his astute contribution and always intelligent business acumen; Ariel Mihovilovic with his knowledge of the sector and commercial support capacity.'

Key clients

  • Glenfarne Group - Enfragen – Prime Energía – Fontus
  • AES Gener and its project finance subsidiaries (Andes, Alto Maipo, Cochrane, Angamos and Ventanas)
  • Toesca Asset Management
  • AEDILES
  • Celeo Redes
  • Atlas Renewable Energy
  • Scala Data Centers
  • Zelestra
  • Eurus
  • Generadora Metropolitana

Work highlights

Advised Atlas Renewable Energy on obtaining $289m financing for the BESS del Desierto project.
Advised AES Andes on negotiating the expansion of its partnership with Global Infrastructure Partners (GIP), so as to develop AES’ "Greentrega Strategy"; the joint venture includes $441m of a renewable portfolio of 693MW.
Advised Celeo Redes Operación on the $100m bridge financing for investment in four energy transmission projects located in Chile.

Lawyers

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 José Luis Ambrosy

Practice head

Rodrigo Ochagavía, José Luis Ambrosy, Jorge Martin