Morgan & Morgan

Morgan & Morgan

507.265.7777
Email: [email protected]

Morgan & Morgan
MMG Tower, 23rd Floor Ave. Paseo del Mar, Costa del Este Panama City Rep. of Panama

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507.265.7777 | [email protected]
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Monday, 08 May 2017 / Published in Ana Castillo, Energy, expertise, Francisco Arias, Mergers & Acquisitios, Ramon Varela, Securities and Capital Markets

Morgan & Morgan advised in connection with a joint venture of Cafetales and ENESA

Morgan & Morgan advised Cafetales, S.A. (Cafetales) and Energía Natural, S.A. (ENESA), in a joint venture in a special purpose vehicle, Emnadesa Holding, S.A., in favour of which ENESA transferred its ownership interest in Empresa Nacional de Energía, S.A., and Cafetales transferred its ownership interest in Hidroeléctrica Bajos del Totuma, S.A. Empresa Nacional de Energía, S.A. owns two mini hydroelectric power plants currently in operation in the Republic of Panama and is a bond issuer registered with the Superintendence of the Securities Market of Panama. On the other hand, Hidroeléctrica Bajos del Totuma, S.A. owns a mini hydroelectric power plant currently in operation in the Republic of Panama.

Partners Francisco Arias and Ramon Varela, and associates Ricardo Arias and Ana Carolina Castillo, participated in the transaction.

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