Chadbourne represents banks for Mexico wind project
Chadbourne & Parke represented the North American Development Bank (NADB) and Banco Mercantil del Norte (Banorte) on a US$130m project in which Compañía Eólica de Tamaulipas, SA de CV (CETSA) will construct a 54MW wind farm in Reynosa, Tamaulipas.
As part of the deal, Swiss investor Grupo ECOS acquired an equity interest in CETSA.
The Chadbourne team on the deal included New York partner Todd Alexander and Mexico City partner Alejandro Landa and associates Raquel Bierzwinsky, Shellka Arora and Carla García.
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The New York State Department of Labor recently published proposed regulations addressing employer deductions from employee wages.