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

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Morgan & Morgan represented AES Corporation in Changuinola I Hydroelectric Project

Wednesday, 30 December 2009 / Published in Energy, expertise, Inocencio Galindo, Ramon Varela

Morgan & Morgan represented AES Corporation in Changuinola I Hydroelectric Project

Morgan & Morgan continue to advise its client, AES CHANGUINOLA, S.A., an affiliate of Arlington, VA-based The AES Corporation, in the development of the Changuinola I Hydroelectric Project, located in the Province of Bocas del Toro. Currently, the Changuinola I Project is the largest infrastructure project under construction in Panama after the Panama Canal Expansion Project. The 223 MW installed capacity it will inject into the energy grid will be crucial to the continued growth of the country.

In addition, Morgan & Morgan advice AES PANAMA, S.A., a joint venture between The AES Corporation and the Government of Panama, which is the largest generator of electricity in Panama. Together with the Changuinola I Project and the four hydro plants operated by AES PANAMA, total investments by The AES Corporation will exceed US$1 Billion. Partner Inocencio Galindo and Senior Associate Ramón Varela are the main M&M advisors to AES in Panama.

Morgan & Morgan continúa asesorando a su cliente AES Changuinola, S.A., una afiliada de The AES Corporation basada en Arlington, VA, en el desarrollo del Proyecto Changuinola I de la Hidroeléctrica de 223 MW, el cual es el proyecto de infraestructura más grande bajo construcción en Panamá después del Proyecto de Expansión del Canal de Panamá.

En adición, Morgan & Morgan regularmente asesora a AES Panama, S.A., una sociedad conjunta entre The AES Corporation y el Gobierno de Panamá, el cual es el generador de electricidad más grande en Panamá. Junto con el Proyecto Changuinola I y las cuatro centrales hidroeléctricas operadas por AES Panama, el total de inversiones por parte de The AES Corporation en Panamá superarán US$1 Mil Millones. El socio Inocencio Galindo y el asociado senior Ramón Varela son los principales asesores de M&M para AES en Panamá.

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