Carey assisting Enel in a USD6 billion deal

Enel Américas acquires the renewable energy business of Enel Green Power

Carey with Partners Cristián Figueroa, Alonso Silva and Salvador Valdés, and associates Raimundo Honorato and Vicente Güell, and Winston & Strawn law firm, Allen Miller, Partner, Sey-Hyo Lee, Partner and Amanda Sewell, Senior Associate, advised Enel Américas on the structuring and negotiation of the acquisition of the renewable energy business that Enel Green Power maintains in Central and South América, (except Chile) for approx. USD6 billion. 
The operation was structured through a merger of Enel Américas, preceded by a spin-off and a cross-border merger. The deal was approved as a related party transaction and required the elimination of the concentration limits established in the bylaws. With this deal, Enel Américas will consolidate its control and participation in the business and non-conventional renewable energy generation assets that Enel Green Power develops and owns in Central and South América (except Chile). Domingo Valdés, Mónica Fernández and Josefa Rodríguez for Enel Américas and Joaquín Valcarcel, Enel Green Power, acted as inhouse team. BTG Pactual acted as financial advisor.