Milbank LLP advised OMERS Infrastructure on its joint sale with partner Enagás Internacional (“Enagás”) of their combined 80% interest in GNL Quintero S.A. (“GNLQ”), the largest liquefied natural gas terminal in Chile, to a consortium led by institutional investor EIG and Belgian energy infrastructure company Fluxys S.A.
Operating under high safety and performance standards, GNLQ is a leading terminal located in the Valparaiso Region, that is responsible for the reception, unloading, storage and regasification of liquified natural gas. GNLQ facilitates the provision of a reliable and consistent source of energy to households, commercial and industrial customers, power plants and other users located in central Chile, including Santiago.
The Milbank team was led by Global Corporate partner Dean W. Sattler and Global Corporate associate Ross Shepard. The team also included Leveraged Finance partner Michael Bellucci, Global Corporate associates Christina Sonageri, Michael Gibbons and Zachary Winters, Financial Restructuring associates Adeola Adeyosoye and Jimmy Santos.
July 21, 2022
