Shearman, Posadas, Ferrere and Clifford Chance help wind farm obtain financing in Uruguay

Shearman & Sterling in New York and Posadas, Posadas & Vecino in Montevideo have helped Nicefield, a special purpose vehicle for windfarm development owned by Spanish engineering group Abengoa, obtain a US$65 million loan to build and operate a 70-megawatt windfarm in northwest Uruguay.

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