DLA advises BTG Pactual on award-winning Eten transaction
Planta de Reserva Fría de Generación de Eten SA, a Peru-based power generation company, has received the 2013 Latin American Project Bond Deal of the Year and Overall Latin American Deal of the Year awards from Project Finance magazine. DLA Piper advised BTG Pactual as arranger and placement agent of the $132.8m (£80m) project bond offering by Eten to finance a 20-year concession to build, develop, operate and maintain a new thermal cold reserve power plant, transmission line and related infrastructure in the Reque district in the province of Chiclayo, Peru.
This is the first international greenfield project bond in Latin America, the first power plant project bond in Latin America and the first international project bond in Latin America with a partial credit guarantee, making it a landmark transaction in the project finance field.
The DLA Piper team that represented BTG Pactual was led by Gianluca Bacchiocchi, a partner in the corporate and finance practice in Chicago, and included Fernando Rodriguez-Marin, Jeffrey Susskind and Diego Harman in New York.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The ATO has issued a new goods and services tax (GST) determination, GSTD 2014/3, relating to GST and rental guarantee arrangements.
This is an Australian-specific alternative chapter on data protection, which was designed to assist organisations operating in Australia with their new privacy responsibilities.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions