Morgan & Morgan Legal 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 Legal 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 associated infrastructure, to be located on Telfers Island, province of Colon, Republic of Panama.

This complex financing, one of the largest infrastructure projects in Panama, involved legal teams from several jurisdictions.

Partners Kharla Aizpurua Olmos and Ramon Varela and international associate Miguel Arias M. participated in this transaction.