Kelar 517MW thermo-electric power plant

6/4/2017

Project development

Status:

Announced

Date:

6/4/2017

Overview:

Kelar 517MW thermo-electric power plant
Kelar is a 517MW combined cycle thermoelectric power project in the Antofagasta Region of Chile.
KOSPO and Samsung formed Kelar, an SPV, to own the project.
Bank of Tokyo Mitsubishi acted as collateral agent for the supplemental security documents.
Alstom won contracts to supply two GT13E2 gas turbines for the project.

Rani Mehta - Journalist

Jurisdiction:

Chile

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy

Firms:

Baker McKenzie

Party: The Bank of Tokyo-Mitsubishi UFJ (Collateral Agent)

CMS Carey & Allende

Party: Samsung (Project developer, Joint venture partner)

Lawyers: Jorge Allende D, Jorge Allende Z, Pabla Gainza

Urenda Rencoret Orrego & Dörr

Party: Samsung (Project developer)

Party: Korea Southern Power (Project developer)

Lawyers: Ignacio Urrutia, Sergio Orrego F

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