US consortium buys Mexican energy project from Abengoa

Milbank, Tweed, Hadley & McCloy LLP in New York and Mexican firm González Calvillo, SC have helped a consortium consisting of investment bank Macquarie Capital and construction conglomerate Techint acquire and obtain project finance for a combined cycle power plant in Mexico.

US consortium buys Mexican energy project from Abengoa istock/Ron_Thomas

The consortium acquired the 907-megawatt power generation site, commonly referred to as Norte III, from distressed Spanish technology solutions company Abengoa.



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