Hogan Lovells assists IDB Invest in $300m financing to Engie Energía Peru
Hogan Lovells has assisted the Inter-American Investment Corporation (IDB Invest) in a $300 million financing to Engie Energía Peru, a Peruvian electricity generator.
This transaction was completed on 5 August, where the financing has an 11-year term to refinance loans associated with the development of the Punta Lomitas wind farm, located in Ocucaje, Ica, Peru.
IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean.
Hogan Lovells’ team included partners Ricardo Martinez (pictured left) in New York and Federico de Noriega (pictured right) in Mexico City; counsel Todd Matras in New York; and associates Manuel Valdez in Mexico City and Hikari Heap-Baldwin in Los Angeles.
