Clifford Chance on financing to Pipeline Investment Limited
Clifford Chance has advised the lenders, led by Macquarie Bank Limited, on a long-term secured credit facility provided to Pipeline Investment Limited (Bermuda), a wholly owned subsidiary of Frontera Energy Corporation (FEC).
This transaction will enable FEC’s growth in the midstream sector through the construction of a new pipeline connecting the Puerto Bahia liquids terminal to the Cartagena Refinery – Reficar.
Reficar, located on Colombia’s Caribbean coast, is the country’s largest oil refinery. The development of this project is key to the Puerto Bahia business and marks a significant expansion for FEC’s rapidly growing midstream business.
Clifford Chance’s team was led by partner Hugo Triaca (pictured left) and counsel Alberto Haito (pictured right), with support from law clerk Adriana Cabal.
