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Termochilca avoided the execution of guarantees and initiated a sale process

The shareholders of Termochilca S.A. have completed a restructuring to avoid the execution of guarantees and to seek a solution that maximizes the value of the company.

Termochilca is engaged in the generation and commercialization of electric power. Its Santo Domingo de los Ollero thermal power plant began operations in October 2013 with an open cycle gas-fired power of 201 MW from the Camisea field. It currently has a capacity of 303 MW.

Oaklins’ team in Chile negotiated with the creditors to avoid the execution of guarantees and supported Termochilca in this transaction.

Talk to the deal team

Sebastián Cereceda

Partner
Santiago, Chile
Oaklins LarrainVial

José Tomás Brahm

Director
Santiago, Chile
Oaklins LarrainVial

Sofía Castro

Associate
Santiago, Chile
Oaklins LarrainVial

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