Empresas Gasco S.A. (SNSE:GASCO) acquired Copiapo Energia Solar SpA from Solar Reserve Chile Ltda for $4.5 Million on September 6, 2019. As per the terms of the transaction, Empresas would pay $1 million at the time of completion as a fixed part and a variable component of between $0.5 million and up to $3.5 million would be determined within 2020. The variable part will be determined depending on the respective clearances in certain terms. The transaction is subject to securing the financing and approval from the board of directors. Cristián Araya of Larrain Y Associates acted as legal advisor to Empresas Gasco S.A. Juan Fco. Mackenna,of Carey y Cía. Ltda., acted as legal advisor to Solar Reserve Chile Ltda. Empresas Gasco S.A. (SNSE:GASCO) completed the acquisition of Copiapo Energia Solar SpA from Solar Reserve Chile Ltda on September 6, 2019.