Generación Mediterránea S.A.’s $14.8 Million Loan


Tavarone, Rovelli, Salim & Miani, Skadden, Clifford Chance and Salaverri | Burgio | Wetzler Malbrán advised on the transaction

Generación Mediterránea S.A., operating as a subsidiary of Albanesi S.A., secured a $14.8 million loan from J.P. Morgan Chase Bank, N.A. and granted by Export-Import Bank de los Estados Unidos.

Generación Mediterránea S.A. (GMSA) engages in the generation and sale of electricity. Created in 1993, the Buenos Aires-based company is the owner and operator of the Modesto Maranzana thermal power plant, located in Río Cuarto city, Córdoba province. The power plant was expanded in 2008 and further expanded in 2010 with the addition of a third turbine, reaching its current installed capacity of 250MW.

Tavarone, Rovelli, Salim & Miani advised GMSA Albanesi S.A. and Central Térmica Roca S.A. with Marcelo R. Tavarone (Picture), Julieta De Ruggiero, Facundo González Bustamante and Felicitas Lacioppa.

In US, Skadden advised GEMSA Albanesi S.A. and Central Térmica Roca S.A with Alejandro Gonzalez Lazzeri (Picture), Nicolás Perez, Alejandro Ascencio and Diego Diaz.

Salaverri | Burgio | Wetzler Malbrán advised JP Morgan with a team including Roberto Lizondo, Marcos Linares and Facundo Lombardi.

In US, Clifford advised JP Morgan with a team including Catherine McCarthy, Jessica Springsteen, Liz Wangu and Pablo Fekete.

Involved fees earner: Pablo Fekete – Clifford Chance; Catherine McCarthy – Clifford Chance; Jessica Springsteen – Clifford Chance; Liz Wangu – Clifford Chance; Marcos Linares – Salaverri, Burgio & Wetzler Malbrán; Roberto Lizondo – Salaverri, Burgio & Wetzler Malbrán; Facundo Lombardi – Salaverri, Burgio & Wetzler Malbrán; Alejandro Ascencio – Skadden Arps Slate Meager & Flom; Alejandro Gonzalez Lazzeri – Skadden Arps Slate Meager & Flom; Nicolas Perez Sierra – Skadden Arps Slate Meager & Flom; Julieta De Ruggiero – Tavarone, Rovelli, Salim & Miani; Facundo González Bustamante – Tavarone, Rovelli, Salim & Miani; Felicitas Lacioppa – Tavarone, Rovelli, Salim & Miani; Marcelo Tavarone – Tavarone, Rovelli, Salim & Miani;

Law Firms: Clifford Chance; Salaverri, Burgio & Wetzler Malbrán; Skadden Arps Slate Meager & Flom; Tavarone, Rovelli, Salim & Miani;

Clients: Albanesi S.A.; Generación Mediterránea S.A.; JP Morgan;

Author: Ambrogio Visconti.