Morimor represents Generadora de Gatun and AES Panama in financing of power plant

Morgan & Morgan has assisted Generadora de Gatún and AES Panama in a financing of a new natural gas-fired power plant

 Morgan & Morgan Legal has represented Generadora de Gatun, S.A., as obligor, and AES Panama, in the senior and mezzanine financing for the development, design, engineering, execution, construction, commissioning, start-up, operation and maintenance of an approximately 670 MW natural gas-fired combined cycle power plant, together with all interconnections and certain related infrastructure, to be located in Isla Telfers, province of Colon, Republic of Panama.

AES Panama is the largest electricity generator in Panama, and is a unit of the US group AES Corp. It owns and operates one thermoelectric plant, Estrella del Mar I, and five hydroelectric plants, Bayano, Estí, Los Valles, La Estrella and Changuinola I. With 72MW of hydroelectric capacity and 705MW of thermal capacity, the company’s operations represent 25% of Panama’s installed capacity.

M&M’s team consisted of partners Kharla Aizpurúa Olmos (pictured left) and Ramón Varela (pictured top right), together with international associate Miguel Arias M (pictured bottom right).

Morimor represents Generadora de Gatun and AES Panama in financing of power plant

L Giselle Estrada

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram