Project Finance


We have comprehensive experience advising project developers, sponsors, advisors, national, international and multilateral financiers, off takers, guarantors and EPC contractors, on all legal matters related to project structuring and development, financing, government regulation, construction and other contractual issues sector wide.

We are known to be a leading advisor on tender offers in Chile – having represented international buyers and the government of Chile in major privatizations of Chilean state-owned assets and enterprises. Most notably our advice in relation to the private-public development of Chile’s most emblematic infrastructure projects ever awarded – long-term “concessions” for the construction and operation of urban toll roads, highways, airports, reservoirs, ports, and also in the more traditional forms of government sponsored projects developed in conjunction with foreign and domestic investors in the field of oil and gas.

In purely private sector project financings we have advised in major assignments across all sectors including:

  • Power generation and transmission
  • All forms of renewable energy
  • Oil and gas
  • The first liquefied natural gas (LNG) terminal
  • Petrochemicals
  • Mining and metals
  • Water and wastewater treatment.

Awards & Recognition

Ranked Band 1 Chambers Latin America 2016

Ranked Tier 1 (Projects & Infrastructure) Legal 500 2016

“The service provided by Morales & Besa is first-rate, thanks to the firm’s robust and highly specialized team, its strong understanding of how to navigate the various authorities in relation to our projects, and its unparalleled successful track record in key transactions.”
Chambers Latin America 2016

Morales & Besa’s team offers “excellent quality of service, prompt answers and impressive expertise in project finance”, and the 16-strong group (including six partners), is active on both the regulatory and transactional aspects of the practice.
Legal 500 2015

Experience in Project Finance