TRSM and Bruchou & Funes de Rioja guide Grupo Albanesi’s $80M loan
Tavarone Rovelli Salim Miani (TRSM) and Bruchou & Funes de Rioja have advised on a syndicated loan of up to $80 million for Grupo Albanesi. TRSM counseled Grupo Albanesi (Generación Mediterránea, Central Térmica Roca, and Albanesi Energía.
Bruchou & Funes de Rioja represented the collateral agent and the lenders in the granting of the syndicated loan in the amount of U$S 59,000,000 extendible up to U$S 80,000,000, granted on January 21, 2025 and it will be used to repay certain short-term liabilities of the companies due in 2025.
The loan, maturing in January 2027, includes a 12-month grace period and is secured by a collateral assignment and pledge of collection rights under specific Power Purchase Agreements (PPAs) of Generación Mediterránea and Central Térmica Roca, as well as a guarantee provided by Albanesi Energía.
Grupo Albanesi was internally advised by its in-house lawyer Mercedes Cabello. TRSM’s team advising Grupo Albanesi included partners Francisco Molina Portela (pictured left) and Marcelo R. Tavarone (pictured center), along with associates Ximena Sumaria, Eduardo N. Cano, and Azul Namesny Márquez.
Bruchou & Funes de Rioja’s team was led by partner José María Bazán (pictured right), supported by associates Leandro Exequiel Belusci, Juan Rosatto, Quimey Lía Waisten, and Marco Haas.
