La Virgen S.A.C.’s $80 Million Loan


Linklaters, Rebaza Alcázar & De Las Casas, Veirano, CMS Grau Abogados, White & Case, Lefosse, Rubio Leguía Normad and Alston & Bird advised on the transaction

La Virgen S.A.C. secured $80 million Loan from otorgado por la CAF – Development Bank of Latin America and DEG – German Investment Corporation. Citibank del Perú acted as local security agent.

Proceeds will be used to pay the debts connected to the construction of La Virgen hydropower plant.

La Virgen S.A.C owns and operates hydroelectric power plant. The company is based in Santiago de Surco, Peru. As of December 11, 2013, La Virgen S.A.C operates as a subsidiary of Alupar Investimento S.A.

In US, Linklaters advised Hidroeléctrica La Virgen S.A.C. with Matthew Poulter, Eamon Nolan, Valentina Burger-Jiménez, Alexander Weaver and April Kent.

In Perù, Rebaza Alcázar & De Las Casas advised Hidroeléctrica La Virgen S.A.C. with Alberto Rebaza (Picture), Maria Luisa Peña, Luis Miguel Elías and Gonzalo Soriano.

In Brazil, Veirano advised CAF and DEG with Ana Carolina Barretto, Rogério Campos, Elisa Rezende and Catarina Dacosta Freitas.

In Perù, CMS Grau Abogados advised CAF and DEG with Juan Carlos Escudero, Miguel Viale and Madelaine Castro.

In US, White & Case advised CAF and DEG with Carlos Viana, Thomas Pate, Ana Arias and Adrián Leal.

Lefosse advised Alupar Investimento with Ricardo Prado, Christiano Rehder, Pedro Cruciol and Lucas Padilha.

Rubio Leguía Normad advised Citibank del Perú S.A. with a team including Carlos Arata, Luis Orrego and Fabián Aguilar.

In US, Alston & Bird advised Citibank del Perú S.A. with Bradley Johnson and Gina Masterson.

Involved fees earner: Carlos Arata – Rubio Leguía Normand; Luis Orrego – Rubio Leguía Normand; Fabián Aguilar – Rubio Leguía Normand; Juan Carlos Escudero Velando – CMS Grau Abogados ; Miguel Viale Leo – CMS Grau Abogados ; Madelaine Castro – CMS Grau Abogados ; Alberto Rebaza – Rebaza Alcazar & De Las Casas Abogados Financieros; María Luisa Peña – Rebaza Alcazar & De Las Casas Abogados Financieros; Luis Miguel Elías – Rebaza Alcazar & De Las Casas Abogados Financieros; Gonzalo Soriano – Rebaza Alcazar & De Las Casas Abogados Financieros; Ricardo Prado – Lefosse; Christiano Rehder – Lefosse; Pedro Cruciol – Lefosse; Lucas Padilha – Lefosse; Ana Carolina Barretto – Veirano Advogados; Rogério Campos – Veirano Advogados; Elisa Rezende – Veirano Advogados; Catarina Dacosta Freitas – Veirano Advogados; Bradley Johnson – Alston & Bird LLP; Gina Masterson – Alston & Bird LLP; Carlos Viana – White & Case; Thomas Pate – White & Case; Ana Maria Arias – White & Case; Matthew Poulter – Linklaters; Eamon Nolan – Linklaters; Valentina Burger-Jimenez – Linklaters; Alexander Weaver – Linklaters;

Law Firms: Rubio Leguía Normand; CMS Grau Abogados ; Rebaza Alcazar & De Las Casas Abogados Financieros; Lefosse; Veirano Advogados; Alston & Bird LLP; White & Case; Linklaters;

Clients: CAF –development bank of Latin America; KfW – DEG; Citibank Perú; La Virgen S.A.C.; Alupar Investimento S.A. ;