News

15 November 2018

PAGBAM in financing to Genergíabio for US$43.200.000

Tanoira Cassagne Abogados (Argentina) and Dentons assisted Genergíabio Corrientes S.A. -in its capacity as borrower-, a vehicle of BAS Project Development 2, S.L.and Papelera Mediterranea S.A., while Perez Alati, Grondona, Benites & Arntsen (Argentina) and Clifford Chance assisted CIFI Latam, S.A., Compañía Española De Financiación Del Desarrollo COFIDES, S.A., S.M.E., Banco de Inversión y Comercio Exterior S.A., Banco de la Ciudad de Buenos Aires and Banco Itaú Argentina S.A. and CIFI Latam, S.A. in its capacity as lender and arranger, in the project finance for a total capital amount of up to US$ 43,200,000, for the construction, operation and maintenance of a biomass energy power plant of a total capacity of 18MW in Santa Rosa, Province of Corrientes.

Additionaly, Banco de la Ciudad de Buenos Aires acted as trustee and onshore collateral agent and Deutsche Bank Trust Company Americas as offshore collateral agent.

Legal advisors to the Lenders

Perez Alati, Grondona, Benites & Arntsen: partner Santiago Daireaux and associates Tomás Pérez Alati, Ignacio Payarola, Facundo Fernández Santos and Tomás Fernández Madero.

Clifford Chance: Partner José Guardo and Epifanio Perez, and associates Eduardo Sánchez, Gabriel Miranda, Beatriz González, Jessica Springsteen and Eli Keene.

Legal advisors to the trustee and the onshore collateral agent

Perez Alati, Grondona, Benites & Arntsen: partner Diego Serrano Rodonnet and associate Danilo Parodi Logioco.

In-house counsel: Germán Ferrarazo

Read article published in Abogados.com.ar

Read article published in Lex Latin

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