Work Area: Energy

Familiar firms return for CFE offering

Mexican state-owned electricity company Comisión Federal de Electricidad (CFE) has hired Cleary Gottlieb Steen & Hamilton LLP in New York and local firm Creel, García-Cuéllar, Aiza y Enríquez, SC to launch its inaugural tender offer worth some US$1.1 billion.

27 June 2022

Tauil & Chequer and Stocche Forbes in double Energisa offering

Brazilian energy group Energisa has hired Tauil & Chequer Advogados in association with Mayer Brown to make two separate debt offerings, worth a total of 850 million reais (US$174 million).

23 June 2022

Marval hires energy partner

Argentine Elite firm Marval O'Farrell Mairal has strengthened its energy and natural resources practices by appointing an in-house counsel from Transportadora de Gas del Sur to its partnership.

21 June 2022

Brazil’s Eneva inks second power plant buy in a week

Lefosse has helped Brazilian electricity group Eneva purchase a gas-fired thermal power plant from the local branch of Italian energy company Enel for 467 million reais (US$96 million).

21 June 2022

Brazil privatises Eletrobras

Brazilian state-owned development bank BNDES has hired Shearman & Sterling LLP in São Paulo and New York and local firms Lefosse and Tauil & Chequer Advogados in association with Mayer Brown to reduce its stake in Eletrobras through a 33.7 billion reais (US$6.9 billion) offering – the largest Brazilian privatisation in two decades.

20 June 2022

Familiar firms return for GEMSA power plant financing in Argentina

Argentina’s Generación Mediterránea (GEMSA) has enlisted Salaverri, Burgio & Wetzler Malbrán in Buenos Aires to raise US$125 million in a local bond issuance to fund the expansion of a power plant.

15 June 2022

Eneva acquires Brazilian power plant for US$2.2 billion

Brazilian electricity company Eneva has hired Campos Mello Advogados in cooperation with DLA Piper to buy the Porto de Sergipe power plant for 10.2 billion reais (US$2.2 billion) from New Fortress Energy and Ebrasil.

07 June 2022

Energisa calls on Brazilian counsel for offerings

Brazilian energy group Energisa has hired Souto Correa Advogados to make two separate debt issuances worth 1 billion reais (US$198 million) in total.

01 June 2022

Canadian energy group sells Argentine assets amid Chapter 11

UK energy group SCC Power has hired several firms to acquire Argentine electricity generation assets from Canadian power plant company Stoneway Capital as part of the latter’s Chapter 11 process.

31 May 2022

Edenor makes US$72 million exchange offer in Argentina

Argentina’s largest power distributor, Edenor, has hired DLA Piper LLP in New York and Buenos Aires to make a US$72 million exchange offer.

25 May 2022

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