Organisation: AES Corporation

AES Argentina secures US$60 million loan

The Argentine subsidiary of US power company AES has hired Bruchou & Funes de Rioja to obtain a loan worth 49.4 billion pesos (US$60 million).

28 February 2024

AES Andes and GIP ink renewables JV

Two Latham & Watkins LLP offices and Morales & Besa in Santiago have helped US private equity giant Global Infrastructure Partners (GIP) enter an investment agreement worth US$441 million with Santiago-headquartered energy company AES Andes, to expand their joint renewable energy projects.

04 January 2024

AES Dominicana gets landmark IDB Invest financing for solar assets

Two Clifford Chance LLP offices and Dominican firm Pellerano Nadal Law & Consulting have helped a syndicate of lenders led by IDB Invest grant a US$368 million credit facility to the Dominican subsidiary of US-based energy giant AES to develop its renewables projects.

12 December 2023

Chilean hydro project owner overturns US court injunction

A New York state court has vacated an injunction that prevented the owner of a Chilean hydropower project from drawing on a US$90 million letter of credit pending an International Chamber of Commerce (ICC) arbitration with Austrian construction group Strabag.

28 November 2023

AES completes exchange offer in Argentina

The Argentine subsidiary of US power company AES has hired Davis Polk & Wardwell LLP in New York and Bruchou & Funes de Rioja in Buenos Aires to carry out a US$146 million exchange offer.

29 September 2023

Multiple firms guide US$1.8 billion tariff stabilisation bonds in Chile

The New York offices of Shearman & Sterling LLP and White & Case LLP and Claro & Cía and Morales & Besa in Santiago have helped a group of Chilean power companies benefit from US$1.8 billion worth of tariff stabilisation bonds, which will help energy distributors manage a temporary cap on electricity prices under new legislation.

27 September 2023

EDF and Marubeni sell Chilean solar plant to AES Andes

Barros & Errázuriz Abogados has helped AES Andes acquire solar assets in Chile from the local subsidiary of French energy group EDF and Japanese conglomerate Marubeni for US$115 million.

26 June 2023

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