Transantartic Energía. Sale of wind parks to Engie
1. Deal Description
Guerrero Olivos advised Transantartic Energía (“TAE”), Jealsa Group (controller), and Grupo Baztán (minority shareholder) in the sale of 3 wind Parks (2 in operation and 1 under development) to Engie.
The transaction must be approved by the National Economic Prosecutor's Office, which is pending.
2. Counsel list
Counsel to TAE, Jealsa and Grupo Baztán: Guerrero Olivos
Partner: Clemente Pérez. Senior Associate: Juan José García. Associate: Francisca Martínez. Junior Associate: Juan Pablo Ossa
Counsel to Engie: Arteaga y Gorziglia
3. Date of closing
29/09/2022
4. Deal Value
USD77 million
5. Jurisdictions involved
Chile and Spain