KfW IPEX-Bank grants a portfolio project finance facility for the development and construction of the wind farms Chubut Norte III and Chubut Norte IV

 

KfW IPEX-Bank grants to Genneia Vientos Sudamericanos S.A. and Genneia Vientos Patagónicos S.A, two special purpose vehicles fully owned by Genneia S.A., a joint facility worth US$ 131,550,636 under a non-recourse portfolio project finance structure under the RenovAr programme, for the development and construction of the wind farms Chubut Norte III and Chubut Norte IV (which will be located in the Chubut province), totaling 140.88 MW of combined generation capacity.


Ensenada de Barragán thermal power plant sale

 

 

Integración Energética Argentina S.A. (“IEASA”), undertook the National and International Public Bid No. CTEB 02/2019 (the “Public Bid”) by means of which the “Ensenada de Barragán” power plant was sold and transferred, according to the terms and conditions disposed by Decree No. 882/2017 of the Executive Branch and Resolution No. 11-E/2018. As a result of the Public Bid, IEASA awarded to YPF S.A. and Pampa Cogeneración S.A., as sponsors of CT Barragán S.A.


Secured loan for an aggregate amount of up to US$ 150,000,000 granted by the International Finance Corporation to the Province of Córdoba

Tavarone, Rovelli, Salim & Miani assisted on the structuring of a cross-border secured loan for an aggregate amount of up to US$ 150,000,000 granted by the International Finance Corporation (“IFC”) to the Province of Córdoba to finance capital expenditures in connection with the Borrower’s transport sector investment plan. The loan is secured by a trust agreement entered into by the Province as trustor, Banco Comafi S.A. as trustee and IFC as beneficiary.


U$S 17,911,496 facility agreement granted by HSBC Bank plc. to Papelera San Andrés de Giles S.A.

Legal counsel to HSBC Bank plc., as coordinating arranger, mandated lead arranger and lender, and HSBC Securities USA Inc., as mandated lead arranger, in a loan granted to Papelera San Andrés de Giles S.A. for an aggregate amount of U$S 17,911,496 guaranteed by EKN (Exportkreditnämnden), the export credit agency of Sweden, for the acquisition of a paper machine made in Sweden.


Up to US$ 395 million loan granted to Albanesi Energía S.A. and Generación Centro S.A.

Legal counsel to Credit Suisse AG London Branch, as administrative agent, Credit Suisse AG Cayman Islands Branch, UBS AG Stamford Branch, BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A. and Banco de Inversión y Comercio Exterior S.A. as lenders in an up to US$ 395,000,000 loan granted to Albanesi Energía S.A. and Generación Centro S.A. (2018)


AR$ 370 million syndicated loan granted to Energía San Juan S.A.

Legal counsel to Banco de Servicios y Transacciones S.A., Banco de San Juan S.A., Banco Itaú Argentina S.A., BBVA Banco Frances S.A. Banco de la Ciudad de Buenos Aires S.A. and Banco Comafi S.A., as lenders, and Banco de Serivicios y Transacciones S.A. as administrative agent and co-arranger and BBVA Banco Francés S.A. as co-arranger, in a syndicated loan granted to Energía San Juan S.A. for an aggregate of AR$ 370,000,000. (2018)


USD 40 million syndicate loan granted to Generación Mediterránea S.A.

Legal counsel to Generación Mediterránea S.A. as borrower, in a syndicate loan granted to Generación Mediterránea S.A. for an aggregate of USD 40,000,000 (2017).


USD 15 million syndicate loan granted to Generación Mediterránea S.A.

Legal counsel to Banco de Servicios y Transacciones S.A., Banco VOII S.A., Banco Meridian S.A., Banco Comafi S.A., Banco de la Provincia de Córdoba S.A., Banco Provincia del Neuquén S.A., Banco de la Ciudad de Buenos Aires, y Banco del Chubut S.A. as lenders, and Banco de Servicios y Transacciones S.A. as arranger, in a syndicate loan granted to Generación Mediterránea S.A. for an aggregate of USD 15,000,000 (2017).


US$ 300 million loan granted to Empresa Inversora Energética S.A.

Legal counsel to UBS Investment Bank as arranger and lender in an up to US$ 300,000,000 senior secured credit facility granted to Empresa Inversora Energética S.A. for the acquisition of an indirect, controlling shareholding in EDELAP and EDEA, two power distribution companies in the Province of Buenos Aires (2017).


AR$ 250 million syndicate loan granted to Energía San Juan S.A.

Legal counsel to Banco Patagonia S.A, Banco de la Pampa S.E.M., Banco de la Ciudad de Buenos Aires, Banco Provincia del Neuquén S.A., Banco Mariva S.A., Banco de Galicia y Buenos Aires S.A. and Banco Itaú Argentina S.A., as lenders, and Banco Patagonia S.A. as arranger, in a syndicate loan granted to Energía San Juan S.A. for an aggregate of AR$ 250,000,000 (2017).