Milbank advises lender on revolving facility for Chilean utility company

Milbank, Tweed, Hadley & McCloy advised Mizuho Bank in its role as lender and administrative agent in the $270 million senior unsecured revolving facility for E.CL, a Chilean utility company.

 

E.CL is a Chilean generator engaged in the production, transportation, distribution, and supply of electrical energy in Chile. It is also involved in the purchase, sale, and transportation of natural gas.

E.CL is the country’s largest generator on the northern SING grid, representing 45.73% of the installed capacity (2,103.5MW).

The company’s assets include centrals Chapiquiña (10MW), El Aguila I (2MW), Diesel Arica (14MW), Diesel Iquique (43MW), TE Tocopilla (1,004MW), C.Tamaya (104MW), TE Mejillones (592MW), CT Andina (169MW) and CT Hornitos (170MW).

E.CL – which was founded in 1981 and is based in Santiago – has 2,275 kilometres of transmission lines.

New York-based alternative investments practice partner Blair Tyson, global securities partner Carlos Albarracín and alternative investments associate Anthe Maria Vorkas led the Milbank team, which also included transportation partner Dara Panahy, tax partner Andrew Walker, global corporate partner Matthew Ahrens and associates, Bijan Ganji and Michael Goon.

Milbank advises lender on revolving facility for Chilean utility company

Ben Cook

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram