As a result of this transaction, Colbun will acquire the San Juan wind farms, with an installed capacity of 193.2 MW, and Totoral, which has an installed capacity of 46 MW, both parks being in operation. The acquisition reached US$ 401 million.

This Friday the Chilean firm Colbún SA announced, through an essential fact before the regulator, the Commission for the Financial Market (CMF),

In a document signed by its legal manager, Rodrigo Pérez Stiepovic, the electricity generating firm indicates that Colbún entered into a purchase and sale contract for the acquisition of 100% of the Latin America Power SPA (ILAP) investment shares, which in turn It is also the owner of the companies San Juan SA and Northwind.

As a result of this transaction, Colbun will acquire the San Juan wind farms, with an installed capacity of 193.2 MW, and Totoral, which has an installed capacity of 46 MW, both parks being in operation.

The closing of the transaction and, consequently, the acquisition of ILAP shares was carried out with the advice of BCP and was subject to certain suspensive conditions usual for this type of operations, among which is the approval that must be provided by the Prosecutor's Office. National Economic (FNE), in accordance with the provisions of Decree Law 211 of 1973.

The price of this transaction is US$ 401 million, which may vary due to the application of the adjustments stipulated in the respective contract, usual for this type of transactions.

The closing of the transaction will be informed once its materialization occurs in accordance with the terms agreed upon by the parties, at which time the corresponding adjustments to the transaction price will be informed.