Antofagasta Minerals secures US$2 billion financing for a new desalination plant in Coquimbo, with legal support from Sullivan & Cromwell LLP and Carey.
Antofagasta Minerals, a prominent Chilean mining firm, has secured a significant project financing deal amounting to US$2 billion. This funding is intended for the development of a new desalination plant located at the company’s mining operations in Coquimbo, Chile. Key legal firms involved in this financial agreement include Sullivan & Cromwell LLP, based in New York, and Carey, located in Santiago.
In summary, Antofagasta Minerals has successfully obtained US$2 billion in financing to construct a desalination facility. This strategic investment reflects the company’s commitment to enhancing its mining operations in Coquimbo, supported by expert legal counsel from Sullivan & Cromwell LLP and Carey.
Original Source: latinlawyer.com
