White & Case advises SMBC and BNP Paribas on portfolio financing for OPDE’s renewable energy portfolio in Chile

Global law firm White & Case LLP has advised Sumitomo Mitsui Banking Corporation, as sole global coordinator, and together with BNP Paribas, each as joint bookrunner, joint lead arranger, initial lender and issuing bank, on a portfolio financing for OPDE's Chilean assets, which include a greenfield/construction phase 89 MW battery energy storage system located in the Region III, North of Copiapó, Chile; a utility-scale PV wind project with an approximate capacity of 50 MWs located near Rancagua, Chile; two utility-scale PV solar projects with an approximate combined capacity of 194 MWs located near Santiago, Chile and in Copiapó, Chile; and a portfolio composed of projects Llay Llay, Lingue and Los Magnolios, all located near Valparaiso, Chile.

The White & Case team was led by Project Development and Finance partner Thomas Pate, with support from associate Ángeles Femenía, and Latin America fellows Eduardo Damian Vega and Felipe Perez Cuadra; and included Capital Markets partner Ian Cuillerier and associate Zhou Bo (Joseph) Chen (all in New York).

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