Morales & Besa has advised Banco Security for the financing of the hydroelectric power plant Hidroconfianza.

September 12, 2018

Morales & Besa has advised Banco Security for the financing of the hydroelectric power plant Hidroconfianza, to be built in the Biobío Region. This project joins the portfolio composed by four other renewable energy projects owned by a consortium of Building Energy and Scotta that have been financed by Banco Security.

The transaction follows the financing structure of a project portfolio, in which similar legal and commercial terms and cross-guarantees were contemplated.

The Morales & Besa team that participated in this operation was made up by partner José Miguel Carvajal, and associates Bernardo Mora and Francisca Estrourgo.