Cescon Barrieu Advogados advised the issuer; Tauil & Chequer Advogados associated with Mayer Brown advised Banco Safra (lead coordinator) in the 1st issue of commercial notes of Porto do Pecém Geração de Energia, in the total amount of R$ 1.5 billion.
The proceeds of the offering were used to refinance the long-term operation previously contracted with BNDES and other general corporate uses.
The issuer is currently part of the EDP Group and responsible for the operation of the thermoelectric plant Porto do Pecém Geração de Energia located in the Industrial and Port Complex of Pecém (CIPP), in São Gonçalo do Amarante (CE).
Cescon Barrieu advised Porto do Pecém Geração de Energia and relied on partner Ana Paula Alvarez Calil (pictured left), associate Rafael Alvim Morgado and trainee Isabela Neves.
The T&C team was led by partners Luis Montes (pictured right), Daniel Gunzburger and included associates Thatiana Siqueira and Camila Spinola.