Parque Eólico Arauco’s $170 Million Financing


Bruchou, Fernández Madero & Lombardi and Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h) have advised on the project

Provincia de La Rioja has granted the financing and Banco Rioja S.A. acted as trutstee.

Parque Eólico Arauco SAPEM, made up of the La Rioja government (75%) and local firm Enarsa (25%), is a company engaged in developing wind power projects in Argentina’s La Rioja province. The company developed the 25MW Arauco I wind farm, which started operations in 2011.

Proceeds will be used to finance the 3rd phase of wind farm Arauco I and 1st, 2nd, 3rd and 4th phases of Arauco II wind farm.

Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h) has advised Parque Eólico Arauco S.A.P.E.M. with Juan Cruz Azzarri (Picture), Jimena Vega Olmos, José Martínez de Hoz (nieto) and Martín Chindamo.

Bruchou, Fernández Madero & Lombardi has advised Provincia de La Rioja and Banco Rioja S.A. with Socio José Bazan, Leandro Exequiel Belusci adn Alan James Donaldson.

Involved fees earner: José María Bazán – Bruchou, Ferna?ndez Madero & Lombardi; Leandro Exequiel Belusci – Bruchou, Ferna?ndez Madero & Lombardi; Alan James Donaldson – Bruchou, Ferna?ndez Madero & Lombardi; Juan Cruz Azzarri – Pérez Alati, Grondona, Benites, Arntsen & Martínez; Jimena Vega Olmos – Pérez Alati, Grondona, Benites, Arntsen & Martínez; José Martínez de Hoz (n) – Pérez Alati, Grondona, Benites, Arntsen & Martínez; Martín Chindamo – Pérez Alati, Grondona, Benites, Arntsen & Martínez;

Law Firms: Bruchou, Ferna?ndez Madero & Lombardi; Pérez Alati, Grondona, Benites, Arntsen & Martínez;

Clients: Parque Eólico Arauco S.A.P.E.M.; Provincia de La Rioja; Banco Rioja S.A.;

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Author: Ambrogio Visconti.