Eduardo Araya

• CarbonFree Technology: Advised the client, as a borrower, on the 10th disbursement of the financing agreement granted by a bank syndicate led by Deutsche Bank Trust Company Americas in its capacity as administrative agent. The draw was granted to acquire four photovoltaic power projects owned by JREL Solar SpA and cover operation and VAT expenses for specific existing projects.
• Colbún S.A.: Advised the client, as borrower, in the structuring and execution of a US$ 160 million financing to fund general corporate purposes, including to refinance or repurchase the Borrower’s notes, through a Credit Agreement (expiring in 2029).
• Blue Elephant: Advised the client, a private fund engaged in the energy transition, in the acquisition of a portfolio of 120MW, consisting of 20 photovoltaic PMGD and PMG projects. 
• Quiñenco S.A.: Advised the client in the placement of Series Z Bonds totaling UF 5 million under the line of credit registered with the CMF under No. 930.  
• CarbonFree Technology: Advised on the debt financing facilities for its portfolio of utility-scale solar projects in Chile. The financings are comprised of a US$19mm letter of credit facility, a US$71mm bridge-loan facility (which will be used to fund ongoing construction costs), and a US$270mm private placement facility whose proceeds will be used primarily to refinance existing bank debt and repay the bridge-loan facility once projects complete construction. This deal was recognized as "Latin American Solar Deal of the Year 2022" by Proximo.
• Innergex Renewable Energy Inc.: Advised the client, as borrower, in the structuring and execution of a US$ 803.1 million refinancing transaction for its portfolio of assets in Chile through a US$ 710 million private placement green bond and a US$ 93.1 million credit agreement. This deal was recognized by Project Finance International as “2022 Americas Power Deal of the Year", "Latin American Bond Deal of the Year 2022" by Proximo, and "Bond of the Year" by LatinFinance 2023 Project & Infrastructure Finance. 
• Odd Industries: Advised the client, a technology startup, in selling a majority stake to Maderas Arauco S.A., one of the largest companies in Chile.
• Soluciones en Minería y Energía SpA (“Zyght“): Advised the client in the sale and transfer of the commercial operations of Zyght, including all its technology, assets, certain liabilities, and business, to the company Datamine Chile S.A., a Chilean subsidiary of Vela Software International, Inc., a well-known global company in software development, marketing, and related services.
• CarbonFree Technology: Advised the client in the acquisition of El Naranjal SpA from Gestión de Capital Adelantado SpA and the acquisition of Parque Solar El Paso SpA and Parque Solar Villa Alegre SpA from Solek Chile Holding SpA. All of them special purpose vehicles holders of PMGD photovoltaic power plants.
• CarbonFree Technology: Advised the client in the acquisition of GR Raulí SpA and GR Ulmo SpA, both special purpose vehicles for developing photovoltaic power plants.
• E.ON Climate & Renewable Chile SpA: Regular advice on commercial and corporate matters in the company's establishment for developing energy projects in Chile.
• CarbonFree Technology: Advised on the acquisition and development of more than 20 solar energy projects.
• Hidroeléctrica Dongo SpA: Advised on investing in an energy company that owns run-of-the-river hydroelectric plants, and advice on the potential commercialization of the energy produced.
• CarbonFree Technology: Advised in negotiating an international syndicated loan with project finance type guarantees.
• CarbonFree Technology: Advised on acquiring Fotovoltaica Alerce SpA, a particular vehicle for developing the Pitotoy photovoltaic plant (3 MW).
• CarbonFree Technologies: Advised on the acquisition of GR Meli SpA, GR Lilen SpA, GR Alerce SpA, and GR Palma SpA, all of them special purpose vehicles for developing 30 MW photovoltaic plants.
• The Coca-Cola Company – Andina – Embonor (USA – Chile): Advised on the purchase of 100% of Comercializadora Novaverde S.A. (“Guallarauco”) (US$80 million).
• EDF Energies Nouvelles: Advised on development of a 140MW solar power plant in the north of Chile known as the Laberinto Project.
• EDF Nouvelles: Advised on due diligence and acquisition of several SPVs of Laberinto Este and Laberinto Oeste solar projects in the north of Chile from Ingenostrum.

Best Lawyers

• Venture Capital, (2020, 2021, 2022, 2023, 2024)
  
  

The Legal 500 Latin America

• Rising Star, Chile Banking and Finance (2024)
• Recommended, Chile Venture Capital (2021, 2022), Banking and Finance - Rising Star (2024)

“FINANCIAMIENTO DE PORTAFOLIOS: Estándares de elegibilidad, adecuación de garantías y desarrollo de facilidades crediticias como instrumentos de inversión.” September, 2023

Grenergy refuerza estrategia de rotación de activos en Chile con la venta de 27 plantas solares, September, 2019