Marval advises Stellantis in an investment in Argentina Litio y Energía SA

The transaction involved executing an investment agreement to acquire shares of Argentina Litio y Energía S.A., a local company in charge of the development of lithium projects in Argentina. Furthermore, the parties executed a shareholders’ agreement and a lithium offtake agreement to regulate the rights of Stellantis in the purchase of lithium effective from 2028, year in which production of said resource is estimated to begin. The funds from the transaction will be essentially allocated to further development of Argentina Litio y Energía S.A.’s lithium projects.

The transaction occurred within the framework of Stellantis’ Dare Forward 2030 strategic plan, related to the investment in important copper and lithium production projects in Argentina, essential inputs for the challenges future mobility poses.

Marval advised Stellantis in the transaction that involved drafting complex agreements under rules and laws of different jurisdictions (New York, Canada, and Argentina). Marval team was led by partners Diego Krischcautzky and Maria Macarena Garcia Mirri, along with associates Lucia Diana Trillo, Diego Di Leonforte, Agustin Hernán Queirolo, and Victoria Morelli.