Texas Pacific Group. Yarrow Project
1. Deal Description
Guerrero Olivos’ corporate and energy teams represented US fund Texas Pacific Group (TPG) in the acquisition of 9 solar projects from Chinese group, Trina Solar, which includes the acquisition of several solar, and infrastructure projects in different parts of the world.
Our teams were in charge of the Chilean angle of the global operation, which included several other jurisdictions such as Colombia, Mexico and Spain. The projects acquired (PGMDs) operate under Chile’s special regime for distributed generation projects (the “PMGD” regime by its Spanish acronym). PMGD projects are entitled to be remunerated for their generation at a regulated stabilized price.
2. Counsel list
Counsel to TPG:
Chile: Guerrero Olivos
Partners: Juan Enrique Allard, Clemente Pérez and Josefina Yávar
Senior counsel: Alejandro Chechilnitzky
Associates: Francisca Pellegrini, Felipe Frühling, Antonia Ibarra, Martín Cox, Magdalena Urquidi, Benjamín Sims, and Pilar Illanes
International: Clifford Chance
Partners: Pablo Canceló and José Guardo
Counsel to Trina Solar
Chile: Carey y Cía.
Partner Juan Francisco Mackenna
International: Pérez Llorca
3. Date of closing
03/09/2020
4. Deal Value
Confidential
5. Jurisdictions involved
Chile, Colombia, México and Spain