Cuatrecasas counsels Proinversión on financing for Salaverry Terminal

Cuatrecasas, through its team in Lima, has counselled the Private Investment Promotion Agency (Proinversión) on the approval of IDB Invest’s financing for Salaverry Terminal Internacional to continue developing the Public-Private Partnership (PPP) for the Salaverry Multipurpose Port Terminal.

This financing, granted for 20 years, marks the longest term on record for PPP projects financed by institutional investors in Peru. Thanks to this operation, an infrastructure project that will contribute to the country’s development will be built.

Aldo Reggiardo, lead partner of the transaction, stated: “We are very pleased to have had the opportunity to advise PROINVERSION again in the review of the documents supporting a new secured debt permitted under the concession contract ‘Modernization and Development of the Salaverry Multipurpose Port Terminal’. This operation is extremely important for infrastructure works in Peru to continue to develop efficiently and normally, and for the benefit of the country.

Cuatrecasas’ team was led by partners Aldo Reggiardo (pictured left) and Kiomi Osorio (pictured right), with the support of associate Alejandro Zorrilla de la Cuba.