Following up on our latest note related to the recent reform to the Electricity Industry Law that came into effect on March 10th, 2021, we hereby inform you that today, March 11th, 2021, the Second Judge in administrative matters specialized in Economic Competition, Broadcasting and Telecommunications, granted a provisional suspension to the entry into force of the decree to reform the aforementioned Law.

Although this suspension was granted to the complainant, the company “Parque Solar Orejana”, the court ruling established that in order to avoid distortions in the electricity market, the provisional suspension will be applicable to all participants of the “Wholesale Electricity Market”.

We will continue to inform you about the evolution of this and other legal consequences that derive from the decree to reform the Electricity Industry Law.