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Alberto Haito

CC advises on $4.1bn financing for SIBA Energy

Clifford Chance has advised Fondo De Inversión Cerrado Libre para el Desarrollo de Infraestructuras Dominicanas I and CIFI LatAm on a $4.1 billion Dominican peso financing in favour of SIBA Energy Corporation.

The proceeds will be used for the development, construction and operation of a 252 MW combined cycle gas-fired power plant in the Dominican Republic.

SIBA Energy Corporation is a subsidiary of Empresa Generadora de Electricidad Haina, one of the largest private electricity generators in the Dominican Republic.

Clifford Chance’s team consisted of counsel Alberto Haito (pictured), associate Mari Correa, foreign law clerk Jean Andre Petit Pino and law clerk Pedro Buchanan.

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L Giselle Estrada

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