Focuses his practice in mergers and acquisitions, natural resources, and general corporate matters. Has extensive experience representing Chilean and foreign clients, including investment banks, in corporate matters, domestic and cross-border mergers and acquisitions, joint ventures, corporate finance and restructurings and equity investments, both in Chile and abroad.

He specializes in matters related to natural resources, in the energy and mining industries, with emphasis on water and mining rights issues, both in metallic and non-metallic mining and in the development of power generation and transmission projects and the financing thereof.

Representative Experience

Mergers and Acquisitions

Emergent Cold: Advice as co-lead counsel in the purchase of 100% of Empresas Multifrigo SpA, a cold storage facilities’ company parent of three subsidiaries: Multifrigo Valparaiso SpA, Multifrigo Casablanca SpA and Multifrigo El Olivo SpA.

Graneros SpA: Advice on the acquisition of 100% of Sociedad Contractual Minera Bullmine, owner of mining properties and a plant to produce iodine, in Chile.

Adexus S.A. in reorganization (Chile): Advice as lead counsel on sale and purchase of Adexus S.A. Perú by BVS Technology Solutions.

Elis: Advice on acquisition of Golden Clean.

Ardisan – Reign: Advice to the founders of Ardisan – Reign on the sale of the Reign.

Grupo Uno Salud (Chile): Advice to founding group on the sale of controlling stake of Grupo Uno Salud, the country’s largest dental health operator to a group of local investors, and further joint venture.

Carnes Ñuble: Advice to Carnes Ñuble on the sale of its equity interest in Ecofood.

Ryssen Alcools: Advice to Ryssen Alcools on the sale of its Chilean operation.

Arch Daily: Advice to the founders of Arch Daily on the sale of the ArchDaily architecture digital platform.

Cominor: Advice to Cominor on the sale of its shares in Minera Pompeya related with a gold production project to Minera Mantos Oro, a subsidiary of Kinross Gold.

Atiaia: Advised Atiaia on the sale of two hydroelectric projects located in southern Chile.

Inversiones SB (Grupo SB): Advice on sale of all shares of Medipharm to Brazilian group Eurofarma, as well as on long-term lease of Medipharm plant and commercial agreement for sale of Medipharm products in the Salcobrand drugstore chain. 

Cominor (Chile): Advice on capitalization of Sociedad Contractual Minera Atacama Kozan, a copper producer in the Atacama Region, through contribution of mining properties and subsequent sale of shares to Nittetsu Mining Co. Ltd. 

Trilogy Natural Resources (NZ): Advice on purchase of 25% of the shares of Forestal Casino, a rosehip oil producer.

Inversiones Juan Yarur (Chile): Advice on sale to Arval Service Lease (subsidiary of BNP Paribas) of 100% of Relsa Brasil Locação de Veículos Ltda., company engaged in the leasing and management of vehicle and machinery fleets in Brazil. 

Inversiones Juan Yarur (Chile): Advice on association with Arval Service Lease (subsidiary of BNP Paribas) including sale of 50% of capital stock of Empresas Relsa SpA, a company owning 100% of the shares of Relsa Chile and Relsa Peru, both companies involved locally in leasing and management of fleets of vehicles and machinery. 

Inversiones SB S.A. (Chile): Advice on purchase and sale of 100% of ISB SpA, a real estate company that owns real estate, including commercial premises, destined to the company’s retail business. 

Inversiones SB S.A. (owner of Salcobrand and Pre-Unic): Advising on purchase of 70% of DBS SpA, one of the main beauty and personal care store chains in Chile.

Statkraft (Norway): Advice on sale to Latin America Power of 100% of shares of Norvind S.A., owner of 46MW wind farm. 

Energy, Natural Resources and Mining

Graneros SpA: Advice on the acquisition of 100% of Sociedad Contractual Minera Bullmine, owner of mining properties and a plant to produce iodine, in Chile.

SN Power Chile Inversiones Eléctricas Ltda: Advice on sale of Norvind S.A. and Parque Eolico Totoral to Latin America Power (LAP) Brazil.

SN Power Chile Inversiones Eléctricas Limitada: Advice on bidding process organized by CGE and JP Morgan for sale of stake in Enerplus S.A. 

SN Power Chile Inversiones Eléctricas Ltda: Advice on acquisition of minority stake in Norvind S.A. from the Pavez family.

SN Power Chile Inversiones Eléctricas Limitada: Advice on sale of Hidroeléctrica Trayenko S.A. to group of Chilean investors.

Hidroeléctrica Trayenko S.A.: Advice on sale of water rights for three hydroelectric power plants.

SN Power Chile Inversiones Eléctricas Ltda: Advice on bidding process organized by Iberdrola for sale of stakes in Iberoamericana de Energía S.A. and Empresa Eléctrica Licán S.A.

Norvind S.A.: Advice on development of Totoral Wind Farm Project (46MW wind farm located in northern Chile) in all legal matters related to the project, including financing by the IFC , negotiation and drafting of EPCM contract, supply contract for wind turbines and several other contracts, such as easements, mining rights, grid connection, transportation of equipment, etc.

Hidroeléctrica Trayenko S.A.: Advice on development of four 750 MW hydroelectric power plants in southern Chile, in all legal matters related to the projects, including electrical concessions, easements, mining rights, land purchase, etc.

Hidroeléctrica Trayenko S.A.: Advice on auction of Manso river water rights conducted by the Water Directorate (Dirección General de Aguas – DGA).

SN Power Chile Inversiones Eléctricas Ltda: Advice on financing by the IFC of La Higuera power plant.

Hidroeléctrica Trayenko S.A.: Advice on water rights bidding process in Los Rios area for the development of three power plant projects.

SN Power Chile Inversiones Eléctricas Limitada: Advice on bidding process by Iberdrola of Spain for the sale of Iberoamericana de Energía S.A., operator of two power plants in Chile and owner of related water rights.

Pacific Hydro Limited: Advice on acquisition to Codelco —Chile’s state-owned copper producer— of Coya and Pangal power plants, including related water rights and additional water rights in the Cachapoal river basin. 

Statkraft Norfund Power Invest AS (Norway): Advice on acquisition of majority stake in Hidroeléctrica La Higuera S.A. and related water rights in the Tinguiririca river basin.

Statkraft Norfund Power Invest AS (Norway): Advice on bidding process for acquisition of Canutillar power plant and water rights from Endesa Chile.

Credentials

Admission

  • Chile (1991)

Recognitions

  • Chambers – Global (Corporate and M&A 2019 – 2020 – 2021 – 2022 – 2024)
  • Chambers – Latam (Corporate and M&A 2019 – 2020 – 2021 – 2022 – 2023 – 2024 – 2025)
  • Legal 500 (Corporate and M&A including compliance 2018, Corporate and M&A 2019 – 2021, Banking and Finance 2019, Latin America: International Firms – Corporate and M&A 2019 – 2021 – 2022)
  • Who’s Who Legal M&A (2022-2023)
  • IFLR 1000 2022 M&A (Highly Regarded)
  • IFLR 1000 (M&A, Natural Resources, Energy)
  • Best Lawyers (Corporate and M&A – 2019 – 2020 – 2023, Project Finance y Development Practice – 2019-2020 – 2023)
  • Latin Lawyer 250 (Banking and Finance, Energy)
  • LACCA Aproved (Banking and Finance)
  • Leaders League (Corporate and M&A)
  • Latin Lawyer National (Energy, Banking and Finance)

Languages

  • Spanish and English

Education

  • LL.B., Pontificia Universidad Católica de Chile, 1991.
  • LL.M., University of Michigan, Ann Arbor, U.S.A., 1993.
  • MBA, Universidad Adolfo Ibañez, 1999.

Membership

  • Chilean Bar Association.

Career

Partner, NLD Abogados, 2021 to date.

Partner, DLA Piper BAZ / NLD, 2018 to 2021.

Partner, NLD Abogados, 2007 to 2018.

Associate/Partner, Morales, Noguera, Valdivieso & Besa, 2001 – 2007.

Associate, Gibson Dunn & Crutcher, New York, 1993-1994.