Advice to GSI Capital on the purchase and sale of real estate used for a photovoltaic power plant
August 24, 2023 · 1 min read
Barros & Errázuriz advised GSI Rentas ERNC II SpA in the execution of a sale and purchase’s promise and cash flow assignment related to a lease agreement over a series of real estate located in the commune of Combarbalá, region of Coquimbo.
The lessee under the aforementioned lease agreement is a renewable energy generating company which develops and operates a photovoltaic power plant with a capacity of up to 9 MWac on the leased premises.
Our team advice included the structuring and negotiation of the sale and purchase’s promise and a collateral package to guarantee the payment of cash flows from certain exploitation contracts.
