$270 Million Loan for Rio Energy Projetos de Energía Ltda.


Pinheiro Neto and Stocche Forbes advised on the transaction

Rio Energy Projetos de Energía Ltda. secured a $270 Million credit facility from Banco Nacional de Desenvolvimento Econômico e Social (BNDES)

Banco Santander (Brasil) S.A., Itaú Unibanco S.A., Banco Bradesco S.A. and Banco BNP Paribas S.A. granted the credit facility.

Proceedings will be used for the construction of Serra da Babilônia wind farm.

Rio Energy is a Brazil-based investment platform focusing on the development, construction and operation of renewable energy assets in Brazil. The company’s principal investor is the firm Denham Capital.

Pinheiro Neto advised Rio Energy with Ricardo Simões Russo (Picture), Raphael Palmieri Salomão and Camila Derision.

Stocche Forbes advised Banco Santander (Brasil) SA, Itaú Unibanco S.A., Banco Bradesco S.A. and Banco BNP Paribas S.A. with Rana Moraz, Eduardo Diniz Alves Pereira and Ana Flávia Chaves Cândido da Silva.

Involved fees earner: Rana Moraz – Stocche Forbes Advogados; Eduardo Diniz Alves Pereira – Stocche Forbes Advogados; Ana Flávia Chaves Cândido da Silva – Stocche Forbes Advogados; Ricardo Simões Russo – Pinheiro Neto; Raphael Palmieri Salomao – Pinheiro Neto; Camila Misciasci Derisio – Pinheiro Neto;

Law Firms: Stocche Forbes Advogados; Pinheiro Neto;

Clients: Banco Bradesco BBI S.A.; Itaù Unibanco; Banco Santander Brazil; Banco BNP Paribas Brasil S.A.; Rio Energy Projetos de Energia Ltda;

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Author: Ambrogio Visconti.