Cuatrecasas in $100m financing for Celepsa
Cuatrecasas, through its Lima office, has advised Banco de Crédito e Inversiones (Miami Branch) and other banks on a USD 100 million syndicated financing granted to Compañía Eléctrica El Platanal (Celepsa).
The funds will be used by Celepsa to prepay obligations, including the bridge loan for the acquisition of 100% of the shares of Termochilca.
The loan has a security interest in Termochilca’s shares and ratifies Celepsa’s commitment to the promotion of renewable energies, as it is a sustainable financing granted by foreign banks. With this financing, the debtor will contribute to the transition to a low-carbon economy.
Cuatrecasas’ team was composed of lawyers Kiomi Osorio (pictured), Manuel Cruz and Victor Tejada; with the participation of Iván Blume, Álvaro Klauer, Milagros Cacho, Almendra Pachari, Luis Olazabal, Stephanie Torres, María Pía Agramonte, Ralph Salas, Elody Malpartida and Rodrigo Pérez.
