Advice to Gasco Companies in the bidding process with BHP

July 13, 2023

Industries

Gas and Oil

Barros & Errázuriz advised Empresas Gasco in a private bidding process and the negotiation of a BOOT (build, own, operate, transfer) agreement with BHP (on behalf of Minera Escondida) that contemplates:

  1. The design, financing, construction, commissioning, operation and maintenance of a thermosolar system, consisting of a set of collectors, pipelines and an energy storage system.
  2. Supplying heat energy to Minera Escondida, located at Antofagasta Region. For this purpose, Empresas Gasco incorporated a subsidiary company, which shall carry out of the Project.

The advising included an extensive negotiation of the BOOT (from May 2022), including its annexes involving technical, banking and legal advising.

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