B&E assists GSI in purchase and sale of land for photovoltaic Project
Barros & Errázuriz has assisted GSI Rentas ERNC II in the execution of a promise of sale and assignment of flows of a lease agreement over a series of properties located in the commune of Combarbalá, Coquimbo Region.
The lessee under the aforementioned lease is a renewable energy generating company which develops and operates a photovoltaic energy park with a capacity of up to 9 MWac on the leased properties.
The consultancy involved the structuring and negotiation of the sale and purchase agreement and a security package to guarantee the payment of the cash flows from certain operating contracts.
B&E’s team was composed of partner Bernardo Simian Soza (pictured), senior associate Diego Ovalle Vergara and associate Patricia Rivas Correa.
