Work Area: Renewable energy

Nordex refinancing calls on several LatAm firms

German wind turbine manufacturer Nordex has enlisted Freshfields Bruckhaus Deringer LLP in Frankfurt as lead international counsel to obtain a refinancing, which saw it increase an existing loan by 171 million euros (US$200 million).

06 September 2021

IDB Invest backs power storage project in El Salvador

Clifford Chance LLP in Washington, DC and Paris and BLP (El Salvador) has helped IDB Invest provide financing to French renewables company Neoen, which will use the funds to acquire two battery energy storage systems in El Salvador.

01 September 2021

Brazil’s Gás Natural Açu raises funds for thermoelectric plant

Brazil’s Gás Natural Açu (GNA) has hired Milbank in New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo to issue debentures worth 1.8 billion reais (US$347 million).

31 August 2021

Brazilian renewables company issues green debentures

Brazilian renewables company 2W Energia has turned to Lobo de Rizzo Advogados to issue green debentures worth 475 million reais (US$92 million) for the construction of a wind farm.

27 August 2021

Peru defeats hydro arbitration at ICSID

Six hydroelectric power companies have seen their International Centre for Settlement of Investment Disputes (ICSID) case against Peru dismissed on jurisdiction after a tribunal ruled that they could not combine their claims to meet contractual requirements that disputes must be worth over US$20 million to be heard at the centre.

26 August 2021

Dominican InterEnergy snaps up wind farms in Uruguay

Dominican renewables company InterEnergy has hired Deloitte Legal and Lexin in Montevideo to acquire three wind farms in Uruguay.

24 August 2021

Brookfield snaps up Brazilian solar panel distributor

Canadian investment group Brookfield has hired Lefosse Advogados and Souto Correa Advogados to acquire one of Brazil’s largest solar panel manufacturers Aldo Solar.

11 August 2021

AES Andes sells Chilean renewables portfolio to US investor

US investment fund Global Infrastructure Partners (GIP) has relied on Latham & Watkins LLP in New York and Washington, DC and Morales & Besa in Santiago to acquire a minority stake in a subsidiary of Chilean power company AES Andes for US$441 million.

09 August 2021

Mubadala makes US$197 million bid for Brazilian power assets

Pinheiro Neto Advogados has helped Emirati investment fund Mubadala launch a 1.1 billion reais (US$197 million) stalking horse bid to buy power assets from Renova Energia as part of the Brazilian renewables company’s restructuring process.

02 August 2021

Lobo de Rizzo and Cescon Barrieu steer convertible debenture offer

Brazil’s Rio Alto Energias Renováveis has enlisted Lobo de Rizzo Advogados to issue debentures worth 550 million reais (US$105 million), including a tranche that can be converted into shares.

02 August 2021

Get unlimited access to all Latin Lawyer content