Stocche Forbes, PMK and Vieira Rezende advise on Thopen issue
Stocche Forbes advised Kinea Investimentos as the debenture holder on the issuance of debentures by Thopen Solar 12 SPE, which was advised by PMK Advogados. Vieira Rezende Advogados advised the underwriters.
The transaction value was BRL 93 million. The proceeds will be used for the expansion of Thopen Energia’s energy production infrastructure. The issuance was secured by corporate guarantee, fiduciary assignment of the issuer’s shares and of certain SPVs (Special Purpose Vehicles), fiduciary assignment of equipments, fiduciary assignment of credit rights and escrow accounts related to the invested projects, and fiduciary assignment of surface rights for the real estate used in the projects.
Stocche Forbes Advogados advised Kinea and relied on partner Marco Saliba (pictured left), associates Caio Morais and Laura Karam.
PMK advised Thopen Solar 12 SPE and relied on partners Rafael Gomes Gobbi (pictured center), Rana Moraz Müller, Ricardo Stuber and Rafael Zanini França; associates Karen Dognani, Victor Piagentini Schroeder, Maria Eduarda Fontes Sabóia, Ana Julia Junqueira de Carvalho, Flávia Martins Cervantes, Bruno Giardini Miatelli and Alana Pereira dos Santos.
Vieira Rezende advised the underwriters Terra Investimentos Distribuidora de Títulos e Valores Mobiliários and relied on partner Roberto Vianna do R. Barros (pictured right), associates Beatriz Camões and Arthur Gomes Fullgraf.
In-house counsel to Thopen Solar 12 SPE: Pedro Castilhos Machado.
