ARTICLE
30 November 2017

IC Power Refinances A Loan Granted To Central Cardones

Chilean firm Carey has helped Israeli electricity generation company IC Power obtain a loan from Santander.
Chile Finance and Banking

Chilean firm Carey has helped Israeli electricity generation company IC Power obtain a loan from Santander.

Santander hired Garrigues (Chile) for the transaction.

The loan refinances a previous credit line supplied by Banco Crédito e Inversiones and Itaú Corpbanca in 2011 to IC Power's controlled power plant Central Cardones, which is located in Copiapó, Northern part of the country, and has a 153-megawatt installed capacity.

Both banks transferred their credits to Santander.

The value of the deal, signed on 28 August, was not disclosed.

Counsel to IC Power

Carey

Partner Felipe Moro, and associate Loreto Ribera

Counsel to Santander

Garrigues (Chile)

Partner Pedro García, and associates Antonio Morales and Sofía Duralde

Originally published September 2017

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Find out more and explore further thought leadership around Finance Law and Banking Law

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More