Clifford Chance has assisted IDB Invest and Bancolombia in a $656 billion multi-tranche, multi-currency financing to developer Solarpack to finance solar PV projects in Colombia. This is the largest financing of solar plants in Colombia to date and also the first financing of projects awarded under the country’s renewable energy auction. The loan will support […]
Carey has represented Fotones in the signing of a power purchase agreement (PPA) and NCRE attributes with Generadora Metropolitana for 350GWh/year. Thanks to this transaction, closed on 29 December, the Libertad solar plant will be
Brigard Urrutia has counselled The Bank of Nova Scotia (Scotiabank), as lender, on a financing of close to USD $141 million for the Caoba power transmission platform. Celsia Energía and Cubico Sustainable Investments also participated
Machado Meyer advised BP’s participation in the 1st Cycle of Permanent Offer for Production Sharing Agreements (OPP), organized by the National Agency of Petroleum, Natural Gas and Biofuels of Brazil (ANP), for the acquisition
Colombian law firm Brigard Urrutia has counselled Solarpack, acting as debtor, in the closing of the financing of two solar energy projects, granted by Bancolombia and IDB Invest under the Project Finance modality. The projects
Clifford Chance has assisted a group of lenders in connection with a $509 million syndicated term loan for Grupo Energía Bogotá (GEB). Gómez-Pinzón acted as local advisor to the lenders. The loan proceeds
Cuatrecasas, through its Bogotá team, has counselled MUFG Bank on the structuring, negotiation and financial closing of the Termo Caribe Project, a 42 MW power generation plant. This financing was structured through term loans and a
Cuatrecasas has assisted Bancolombia and IDB Invest in closing the financing of the solar energy projects “La Unión” and “La Mata”, developed by the company Solarpack. These projects are the largest of their kind
Cleary Gottlieb has counselled Credit Suisse, as letter of credit provider, on the acquisition in favour of Saavi Energía of Tierra Mojada, from the Spanish company Fisterra Energy and Blackstone. The Letter of Credit
Carey has represented Corporación Nacional del Cobre (Codelco) in the amendment and recast of a Power Purchase Agreement (PPA) entered into with Colbún to supply renewable energy for Codelco’s total consumption, including
