Two firms advise on replacement operations and issuing bank guarantees
Lobo de Rizzo advised the companies and Demarest the banks on the operation to replace and issue bank guarantees, requested by Eol Maral I SPE, EOL Maral II SPE, Central Eólica Terra Santa SPE I and Central Eólica Terra Santa SPE II, in favor of the different “Private Instrument Financing Agreements” for each of them:
Transaction value of- EOL Maral I SPE: BRL 105,410,654.02
EOL Maral II SPE: BRL 76,662,094.14
Central Eólica Terra Santa SPE I: BRL 157,683,347.08
Central Eólica Terra Santa SPE II: R$ 83,480,297.26
Lobo de Rizzo relied on partner Gustavo Silveira Cunha (pictured left), associates Beatriz Rocha, Isabella Dorigheto Miranda and Larissa Barbosa Souza.
Demarest Advogados advised Banco do Brasil, Banco Santander (Brasil), and Banco Sumitomo Mitsui Brasileiro on the replacement and issuance of new bank guarantees, as requested by Eol Maral I SPE, EOL Maral II SPE, Central Eólica Terra Santa SPE I, and Central Eólica Terra Santa SPE II, to guarantee the SPVs’ obligations under the Banco do Nordeste do Brasil credit facility contracted by each of the SPVs.
Demarest relied on partner Marina Aidar (pictured right), associates Karina Melo and Bruno Cavalcanti.
