PPU advises Globokas on purchase on Alignet
Philippi Prietocarrizosa Ferrero DU & Uría Peru has advised Globokas Peru (Globokas) on the purchase of shares and equity investment in the Peruvian company Alignet, to obtain a 17.862% stake in the company.
PPU counsels Santander Consumo Peru on Neoauto acquisition
Philippi Prietocarrizosa Ferrero DU & Uría Peru has counselled Empresa de Créditos Santander Consumo Peru in the acquisition of 45% of the shares representing the share capital of Neoauto from Empresa Editora El Comercio.
Ardian and Solarpack divide up LatAm solar JV assets
The Madrid offices of Clifford Chance LLP and Uría Menéndez, and Philippi Prietocarrizosa Ferrero DU & Uría in Lima and Santiago have helped French investor Ardian and its London-based asset manager Arg-Am divide solar assets with Spanish renewable energy business Solarpack, which the two previously controlled through a joint venture.
Promotion round-up: 1 – 8 January 2024
As law firms up and down Latin America continue to reward their talent with promotions, here is a round-up of recent appointments from across the region, including at Elite firms Veirano Advogados, Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) and White & Case LLP.
MAIN FEATURES OF THE US-CHILE TAX TREATY
On December 19, 2023, the U.S. Department of Treasury announced the entry into force of the tax treaty between the United States and Chile, with the notification from the former to the latter that it had satisfied its applicable procedures for bringing the treaty into force.
PPU APPOINTS FIVE NEW PARTNERS AND TWO NEW DIRECTORS AT A REGIONAL LEVEL
Our Ibero-American law firm is greatly honoured to now have sixty-two partners and twelve directors, which comes to strengthen and consolidate our team, guaranteeing our clients the best human talent and excellence in service.
Chile starts storage onrush
“There are some projects in distress. So, lenders are a little bit more reluctant to finance, but they are looking at ways that will make other projects more economically sustainable and that’s where batteries come in,” said Daniel Parodi, director of the banking & finance department at Philippi Prietocarrizosa Ferrero DU & Uría (PPU).
Scale Capital invests in Peruvian Internet expansion
Scale Capital has made a significant investment, through Scale Capital Partners IV, its Peruvian subsidiary, in Cala Servicios Integrales and its subsidiaries with the objective of financing an aggressive expansion plan of internet and cutting-edge digital services to more homes in Peru.
PPU advises Scale Capital on investment in Cala Servicios Integrales
Philippi Prietocarrizosa Ferrero DU & Uría Peru has advised Scale Capital on its investment, through its Peruvian subsidiary Scale Capital Partners IV, in Cala Servicios Integrales and its subsidiaries, BSCP Servicios and Fibra Magic.
PPU on long-term loan to Agrícola Alaya
Philippi Prietocarrizosa Ferrero DU & Uría Peru has advised Agrícola Alaya in connection with the acquisition of a long-term loan, intended to be used as part of the 2023 Capex Plan.
