FERRERE, Guyer & Regules, Allen & Overy and Mayer Brown advised on the deal
Atlas Renewable Energy has closed USD 114.4 million in long-term financing for its El Naranjal and Del Litoral solar power plants in Uruguay.
The plants located in Salto in the northern part of the country, which have a combined capacity of 75.8 MWp.
The financing was obtained via a US private placement with several international investors. It was placed by DNB Markets Inc and the Inter-American Investment Corporation (IDB-Invest) and arranged as an A/B Bond structure with a senior and a subordinated note.
FERRERE advised Renewable Energy Spain S.L. with Diego Rodríguez (Picture), Federico Lemos, José Lima, Tania Cavallo and Ignacio Silva.
Guyer & Regules advised BID Invest with Álvaro Tarabal, Beatriz Spiess, Federico Piano, Carolina Herrera, José María Nicola and Jimena Lanzani.
In US, Allen & Overy advised BID Invest with Sami Mir, David Flechner, Jake Reed, Pablo Umaña and Felipe Hubner.
Mayer Brown advised the investors with Christopher Erckert, David Bakst and Valentina Castillo.
Involved fees earner: Álvaro Tarabal – Guyer & Regules; Federico Piano – Guyer & Regules; Carolina Herrera – Guyer & Regules; José María Nicola – Guyer & Regules; Beatriz Spiess – Guyer & Regules; Jimena Lanzani – Guyer & Regules; Diego Rodríguez – Ferrere Attorneys; Federico Lemos – Ferrere Attorneys; Jose Lima – Ferrere Attorneys; Tania Cavallo – Ferrere Attorneys; Ignacio Silva – Ferrere Attorneys; Sami Mir – Allen & Overy; Jacob Reed – Allen & Overy; Pablo Umana – Allen & Overy; David Flechner – Allen & Overy; Felipe Hubner – Allen & Overy;