Souto Correa and Machado Meyer advise on the Faro Energy issue

Souto Correa and Machado Meyer advised on the public offering of debentures issued by Faro Energy, totaling R$200 million, to finance 31 solar power plants. The project qualifies as a ‘Green Bond’ under the ‘Renewable Energy’ category.

This transaction introduces a new funding source for distributed solar generation projects, offered to qualified investors under CVM 160.

Souto Correa advised Faro Energy Projetos Solares and relied on led partner Mariana Guenka (pictured left), partner Tiago Gomes, associates Conrado Davoli, Julia Tourinho, Henry Leite.

Machado Meyer advised Banco Itaú BBA and Banco BTG Pactual and relied on partner Raphael Zono (pictured right), lawyers Ana Carolina C. Peyres Neves, Paula Sonoki and Thomaz Magalhães.