Morales & Besa advises Endesa (Enel Generation Chile) in corporate reorganization of the Gas Atacama Group

November 22, 2016

Morales & Besa advised Endesa – today Enel Generation Chile-  in the corporate reorganization of the companies that form Gas Atacama Group; an operation that is within the regional restructuration plan of its controller Enersis – today Enel Chile.

The objective of the reorganization was to reduce the companies that formed Gas Atacama Group from 8 subsidiaries (GNL Norte S.A., Gasoducto Taltal S.A., Progas S.A., Gasoducto Argentina S.A., Inversiones Gasatacama Holding Limitada, Compañía Eléctrica Tarapacá S.A., Gas Atacama S.A. y Gasatacama Chile S.A.) to 1 subsidiary (Gasatacama Chile S.A.).

The reorganization was completed on November 1st, 2016, the date in which the merger of Compañía Eléctrica S.A. in Gasatacama Chile S.A. came into effect.

The team at M&B was led by Partner Matías Langevin with associates Lorena Barrientos, Vicente Valdés and Javiera Veloso.