Linkedin Vimeo
  1. Home
  2. News
  3. Arias advises FMO…

Arias advises FMO on Costa Rica green energy financing

  • News
  • 3 June 2020
  • 217
  • 2 minutes read

Arias Costa Rica has advised the Dutch Entrepreneurial Development Bank (FMO) in structuring the guarantee for the first disbursement of a $30 million credit for green loans and financing of small and medium-sized enterprises in the country, granted to Banco Promerica de Costa Rica.

Diego Gallegos of Arias LawThe credit is the result of the loan signed in 2019 between Banco Promerica and FMO as part of the Financial Institutions, Latin America & the Caribbean agreement, in which Arias also served as the local legal counsel.

This trust includes a loan portfolio from Banco Promerica to guarantee the operation, which will be financing loans to small and medium-sized companies and to green projects, aligned with the FMO criteria, related to renewable energy and energy efficiency.

Arias’ Diego Gallegos (pictured), who coordinates the firm’s banking and finance area, led the transaction for Costa Rica.

adam.critchley@iberianlegalgroup.com

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2025 © All rights Reserved. Design by Origami Creative Studio

SHARE