Multiple firms have advised on the US$1.25 billion financing granted to Lima Airport Partners (LAP), the concessionaire that manages Peru’s Jorge Chávez International Airport, for the expansion of Lima’s airport. The deal, signed on 22 December, is expected to close during the first quarter of 2023. Rodrigo Elias & Medrano and Paul Hastings have advised […]
Tags : IDB Invest
Clifford Chance has assisted IDB Invest and Bancolombia in a $656 billion multi-tranche, multi-currency financing to developer Solarpack to finance solar PV projects in Colombia. This is the largest financing of solar plants in Colombia to date and also the first financing of projects awarded under the country’s renewable energy auction. The loan will support […]
Cuatrecasas has assisted Bancolombia and IDB Invest in closing the financing of the solar energy projects “La Unión” and “La Mata”, developed by the company Solarpack. These projects are the largest of their kind financed under the project finance modality. This is also the first financial closing of the projects awarded in the non-conventional renewable […]
Holland & Knight Colombia has counselled the Inter-American Development Bank (IDB), IDB Invest and the Latin American Green Bond Fund as investors in the first sustainable development bond issue by a bank in Latin America, Bancolombia. The issue took place on 25 October for an amount of $640 billion Colombian pesos, and is registered with […]
DLA Piper Peru has assisted IDB Invest in providing a $15 million USD financing to Cordada in a two-year renewable term agreement that seeks to strengthen financing operations in Chile, Peru and Mexico originated by local non-bank financial intermediaries (NBFIs). The transaction was completed on 26 September and signed on 12 October. The firms Hogan […]
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. […]
Garrigues has represented the Inter-American Investment Corporation (IDB Invest), as lender, and as agent on behalf of the Inter-American Investment Development Bank, in a $300 million financing to Engie Energía Perú. The financing, completed on 5 August, has an 11-year term, and is aimed at refinancing bridge loans associated with the development of the Punta […]
Ferrere, through its Paraguay team, has advised IDB Invest on the third bond issuance under its second global local currency issuance programme in the Paraguayan securities market. The funds will be used to finance small and medium-sized private sector companies in Paraguay. The consultancy involved drafting the prospectus for series 3 of the G2 global […]
Ferrere, through its team in Uruguay, has advised IDB Invest on the financing for the Línea Ferrocarril Central project in Uruguay. The financing consisted of a $250 million USD senior credit facility through a fixed-rate B bond, the largest structured by IDB Invest to date. The proceeds will be used to refinance the rail project’s […]
