Carmenmaría Poblete

(The following information was supplied by the firm)

Her professional practice focuses on the advice and strategy on legal, environmental and social issues related to the development of renewable energy projects, mining law and natural resources transactions. Also, she has experience in project finance and negotiations of credit agreements and commercial and corporate law matters, such as joint ventures, due diligence coordination, mergers and acquisitions, contracts negotiation and corporate governance issues.

REPRESENTATIVE EXPERIENCE

• Mainstream Renewable Power, and its subsidiaries in Chile, on a project financing for approx. USD620 million granted by Inter-American Investment Corp., CaixaBank, DNB ASA, KfW IPEX-Bank and Mitsubishi UFJ Financial Group and a VAT facility granted by Banco Santander Chile for approx. USD53 million, for the development and construction of Huemul, a five non-conventional renewable energy portfolio. This portfolio is comprised by two wind farms (Ckani and Llanos del Viento) and two solar PV plants (Pampa Tigre and Valle Escondido) located in the north of Chile and one wind farm (Puelche Sur) located in the south of Chile, with a combined capacity of 630 MW. It will partially serve the PPAs awarded to Mainstream in the 2015/01 public tender process to supply 3,366 GWh/year to distribution companies.
• State Grid International Development Limited (SGID) on the due diligence, bid preparation and negotiation of a purchase agreement for the acquisition of the 100% interest of Sempra Energy in Chilquinta Energía and its electric transmission and distribution subsidiaries and Tecnored, an electric construction and infrastructure services company; and also, for the acquisition of the 50% interest of Chilquinta in Eletrans companies, which own, construct, operate and maintain power national transmission facilities. Closing of the transaction is subject to certain conditions customary for deals of this nature. Additionally, Chilquinta signed an agreement to purchase the remaining 50% interest in Eletrans from Sociedad Austral de Electricidad (SAESA) contingent on the closing of the main acquisition.
• CVC Capital Partners on the local aspects of the acquisition of a 20% stake in Gas Natural Fenosa, owned by Repsol, a Spanish oil and gas company for USD4.7 billion (globally).
• Transelec, through its affiliate Transelec Concesiones, on Transelec’s first project finance transaction which consisted on a financing of up to USD375 million for the construction, operation and maintenance of four transmission lines and their related facilities (including substations) awarded to Transelec as part of the expansion of Chile’s trunk energy transmission system. The financing was provided by Export Development Canada, KfW Ipex-Bank GmbH and MUFG Bank, and the latter acted as Administrative Agent.
• Aela Energía on a long-term loan for USD435 million to finance the construction of two wind farms (Aurora and Sarco) that will inject 299 MW to the national grid (SIC and SING), and to refinance the existing loan that Cuel Wind Farm has with China Development Bank.
• Andes Mainstream on the “Supply Tender Process 2015/01” bidding process, and the successful awarding of 3,366 GWh/year to supply energy to the distribution companies of a total of 12,430 GWh/year.
• Origin Energy on the due diligence and acquisition of 51% of Energía Austral, a hydroelectric company from Xstrata, for the operation of the hydroelectric power stations Cuervo, Blanco and Cóndor, with an estimated investment of USD4 billion.
• OPIC and IFC on the financing of Llano de Llampos and San Andrés photovoltaic power plants, owned by Sun Edison, for the construction of two photovoltaic power plants of an app. 150MW combined capacity.

ACTIVITIES AND MEMBERSHIPS

• Visiting Attorney, Project Finance Practice, Chadbourne & Parke, Washington D.C. (2014-2015).
• Teaching assistant of Constitutional Law, Universidad Católica de Chile (2006-2013)
• Member of the Chilean Bar Association.

RELATED AREAS

• Energy

EDUCATION

• Law, Universidad Católica de Chile (Summa Cum Laude).
• Exchange student, University of California, Berkeley (USA) (2007).
• LL.M. Columbia University Law School (Beca Chile scholarship) (2014).

ADMISSIONS

• Chile (2012).

LANGUAGES

• Spanish.
• English.