Morgan & Morgan advised in connection with the financing for the 50MW Ecosolares photovoltaic power park.
Panama, November 25, 2022. Morgan & Morgan represented the borrowers in a project finance granted by BAC International Bank, as lender, for the refinancing of photovoltaic plants Ecosolar 1 and Ecosolar 2, and for the financing for the construction of the photovoltaic projects Ecosolar 3, Ecosolar 4, and Ecosolar 5. The projects together form a
- Published in Ana Castillo, Arantxa Fernandez Chang, Banking Law, Energia, Energy, expertise
Morgan & Morgan advised MMG Bank Corporation in connection with a financing to be granted in favor of Daconan Star Solar, S.A.
Panama, September 8, 2022. Morgan & Morgan represented MMG Bank Corporation (“MMG Bank”), as lender, in a financing to be granted in favor of Daconan Star Solar, S.A. (“Daconan”), to be used for expansion, by 2.64 additional megawatts of the capacity of a photovoltaic project called “Daconan Solar”, with an installed capacity of 3.24 megawatts,
- Published in Ana Castillo, Banking Law, Energy, expertise, Miguel Arias publi, Miguel Arias_exp, Projects, Ramon Varela
Morgan & Morgan advised Banco General, S.A., and Banistmo, S.A. in connection with the public offering and issuance by Fountain Hydro Power Corp. of corporate bonds for an amount of up to US$110 million.
Panama, March 31, 2022. Morgan & Morgan advised Banco General, S.A., and Banistmo, S.A., as arrangers and underwriters in connection with the public offering and issuance by Fountain Hydro Power Corp. of corporate bonds for an amount of up to US$110 million registered with the Superintendency of Capital Markets of Panama and successfully placed through
Morgan & Morgan advised Generadora de Gatun, S.A., and AES Panama in connection with the financing of a new natural gas-fired power plant.
Panama, March 23, 2022. Morgan & Morgan acted as Panamanian counsel to Generadora de Gatun, S.A., as borrower, and AES Panama, in the senior and mezzanine financing for the development, design, engineer, procurement, construction, commissioning, testing, start-up, operation, and maintenance of an approximately 670-megawatt combined-cycle natural gas-fired power plant, together with all interconnections and certain
- Published in Banking Law, Energia, Energy, expertise, Kharla Aizpurua, Miguel Arias publi, Miguel Arias_exp, Projects, Projects-es, Ramon Varela
Morgan & Morgan advised Seven Seas Water and a group of its subsidiaries, in a US$205 million financing, which would be used to refinance a US$163 million credit facility obtained by the company.
Panama, September 21, 2021. Morgan & Morgan represented Seven Seas Water (“Seven Seas”) and a group of its subsidiaries, in a US$205,000,000.00 financing with Deutsche Bank AG and Investec Bank, PLC, as lenders, which would be used to refinance a credit facility obtained by Seven Seas in June 2020, for US$163,000,000.00. Seven Seas is a
Morgan & Morgan advised Banistmo, S.A., in connection with a US$4 million finance related to the solar photovoltaic power plant “Santiago Gen 1”.
Panama, July 6, 2021. Morgan & Morgan advised Banistmo, S.A., with respect to a US$4million Project Finance to Solar Development Panamá, S.A., for the construction, operation, and maintenance of the solar photovoltaic power plant “Santiago Gen 1” with an installed capacity of 5MW located in the Township of El Barrero, District of Pese, Province of
Morgan & Morgan advised Electron Investment, S.A. in the public offering of corporate bonds for a sum of up to US$ 205 million
Panama, July 15, 2020. Morgan & Morgan represented Panamanian company Electron Investment, S.A. (the “Issuer”) in the public offering of corporate bonds for a sum of up to US$ 205,000,000 (the “Bonds”) in relation to Pando and Monte Lirio, two hydropower generating facilities that it owns and operates. For purposes of the public offering, Electron
Morgan & Morgan advised Seven Seas Water Corporation in connection with a US$163 million finance.
Panama, June 26, 2020. Morgan & Morgan represented Seven Seas Water Corporation (“Seven Seas”) in a US$163,000,000.00 financing with Deutsche Bank AG and Comvest Credit Partners, as lenders, and subsequent acquisition, through affiliate AquaVenture Capital Limited, Sembcorp Investments Limited, which wholly owns Aguas de Panamá, S.A. (“APSA”). Seven Seas is a portfolio of desalination and
Morgan & Morgan represented Electron Investment, S.A. in an arbitration process filed by Constructora Seli Panamá, S.A. before the International Chamber of Commerce
Morgan & Morgan was part of the team of lawyers that represented Electron Investment, S.A. (“EISA”), in an arbitration process filed by Constructora Seli Panamá, S.A. (“SELI”), before the International Chamber of Commerce (“ICC”). The request for arbitration was filed by SELI following certain disputes related to the contract for the construction of the tunnels
Morgan & Morgan advised Engie Solar in the sale of its ownership in PanamaSolar2, S.A.
Panama, October 15, 2018. Morgan & Morgan represented Engie Solar in the sale of its ownership in PanamaSolar2, S.A., to Latin Renewables Infrastructure Funds managed by Real Infrastructure Capital Partners. Engie Solar through its subsidiaries Solairedirect Global Operations and Solairedirect Panama designed, procured, developed and built a photovoltaic power plant “Pocri” with an installed capacity
- Published in 2018, Ana Castillo, Energia, Energy, Ramon Varela