Clesa’s $18 Million Loan

Lexincorp advised Banco General S.A. on the transaction

Clesa secured a $18 Million Loan from

Banco General S.A.. Proceeds will be used to pay existing debts and to finance investments.

AES CLESA Y Compania, Sociedad en Comandita de Capital Variable provides electricity distribution services. The company sells electricity to 257,000 customers including city of Santa Ana and borders Guatemala and Honduras to the north. The company operates as a subsidiary of AES Corporation.

AES Corporation acquires, develops, owns, and operates generation plants and distribution businesses in several countries. AES Corporation, led by Andres Ricardo Gluski Weilert, Thomas M O’Flynn and Brian A Miller, in 2016 recorded $16 Billion Revenues.

Lexincorp advised Banco General S.A. with Antonio Guirola (Picture)

Involved fees earner: Antonio Guirola Moze – Lexincorp;

Law Firms: Lexincorp;

Clients: Banco General, S.A.;

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Author: Ambrogio Visconti.