Hydro Global Perú S.A.C.’s $365 Million Loan


Payet, Rey, Cauvi, Pérez and Muñiz, Ramírez Perez-Taiman & Olaya advised on the transaction

Hydro Global Perú S.A.C. secured a $365 Million Loan from China Development Bank, Hebei Branch.

Proceeds will be used to finance the construction of San Gabán III hydropower plant.

Hydro Global Peru S.A.C. is a joint venture between China Three Gorges Corporation and Energías de Portugal. The company focuses on the investment and development of small and medium-sized hydropower facilities. In 2016, Hydro Global signed a contract with the state generator Empresa de Generacion Electrica San Gaban (EGESG) to co-develop San Gaban III hydropower project in the Department of Puno.

Payet, Rey, Cauvi, Pérez Abogados advised China Developmet Bank with Aldo Reggiardo (Picture), Alan García Nores and Katia Vásquez.

Muñiz, Ramírez Perez-Taiman & Olaya advised Hydro Global Perú S.A.C. and Hydro Global Investmen Limited with Daniel Lovón, Gillian Paredes, Rolando Salvatierra and Jorge Otoya.

Involved fees earner: Daniel Lovón Lillicrap – Muñiz, Ramírez, Pérez-Taiman & Olaya; Gillian Paredes Guerrero – Muñiz, Ramírez, Pérez-Taiman & Olaya; Rolando Salvatierra Combina – Muñiz, Ramírez, Pérez-Taiman & Olaya; Jorge Otoya Cabrera – Muñiz, Ramírez, Pérez-Taiman & Olaya; Aldo Reggiardo – Payet, Rey, Cauvi, Pérez, Mur; Alan García Nores – Payet, Rey, Cauvi, Pérez, Mur;

Law Firms: Muñiz, Ramírez, Pérez-Taiman & Olaya; Payet, Rey, Cauvi, Pérez, Mur;

Clients: China Development Bank (CDB); Hydro Global Perú S.A.C.;

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Author: Ambrogio Visconti.