Work Area: Finance

Chilean copper miner gets Japanese investment and project finance

Chilean miner Mantos Copper has hired three Simmons & Simmons offices in the UK and Baker McKenzie (Chile) to obtain an US$847 million financing – including a substantial capital injection from Japan’s Mitsubishi Materials – to expand its Mantoverde mine.

22 February 2021

Chile launches first tariff stabilisation bond

Holland & Knight LLP in New York has helped state-owned Chile Electricity raise US$489 million in Latin America’s first-ever tariff stabilisation financing, after the government established a law in late 2019 capping electricity prices after national social unrest.

18 February 2021

BNDES backs Patria solar project in Bahia

Essentia Energy – a new subsidiary of Brazilian private equity investor Patria Investimentos – has hired Machado Meyer Advogados to obtain a 910 million reais (US$176 million) financing to fund the construction of a solar park in the state of Bahia.

17 February 2021

Pinheiro Guimarães partner leaves for Lobo de Rizzo

Brazilian law firm Lobo de Rizzo Advogados has hired a partner from respected capital markets firm Pinheiro Guimarães to boost its efforts in the field.

16 February 2021

Rivera Belden and Nader Hayaux steer Fibra Nova loan increase

Mexican real estate trust Fibra Nova has hired Rivera Belden & García Sánchez, SC to add US$75 million to an existing loan with state-owned Banco Nacional de Comercio Exterior (Bancomext).

16 February 2021

Minas Gerais development bank offers sustainable bonds

Brazil’s Madrona Advogados has advised the development bank of Minas Gerais, BDMG, on a sustainable bond issuance of US$50 million, which it will use to back green and social projects in the state.

15 February 2021

Uruguayan wind farm refinances

A Uruguayan subsidiary of Dutch infrastructure investor DIF has hired Hughes & Hughes in Montevideo to obtain a refinancing.

12 February 2021

US company gets financing for data centre in Chile

Japanese bank Sumitomo Mitsui has hired Chile’s Carey to provide a loan to the local subsidiary of US data centre provider EdgeConneX to fund the development of a data centre in Santiago.

11 February 2021

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