Two firms advise on Usina Pedro Leopoldo issue
Stocche Forbes and Lobo de Rizzo advised on Usina de Energia Fotovoltaica Pedro Leopoldo issuance of its 1st series of non-convertible commercial notes, for public distribution pursuant to CVM 160, in the total amount of BRL 260 million.
The issuer owns two photovoltaic power generation plants located in Jaboticatubas, Minas Gerais, with a combined installed capacity of 127 MWp.
The funds raised from the issuance will be used for the structuring, implementation, construction, commissioning, operation, and maintenance of these plants.
The transaction included a typical project finance security package, including security over the Issuer’s and the plants’ shares, equipment, and project receivables
Stocche Forbes advised the issuer and relied on partners Bruno Gandolfo (pictured top left), Laercio Munechika (pictured top right); associates André Reis, Giuliano Cesar Tatagiba.
Lobo de Rizzo advised the underwriters and relied on partners Maria Costa Neves Machado (pictured bottom left), André Ramos Bedim (pictured bottom right); associates Marília do Valle Farias, Lara Sparapani de Magalhães, Thalita Procopio Serpa Leite.
In-house counsel list
Usina de Energia Fotovoltaica Pedro Leopoldo: Cecília Garrett de Feitas S. Amaral;
Itaú BBA Assessoria Financeira: Luana Raissa Dos Santos Damasceno.
