Conejo Solar 306MW Project

6/8/2015
Project development, Project finance

$ 205 million

Completed

6/8/2015


Overview:

  • Conejo Solar 306MW Project.
  • Pattern Energy obtained a $205 million credit facility from a syndicate of banks to finance the Conejo Solar photovoltaic power project.
  • Crédit Agricole Corporate and Investment Bank, Société Générale and Sumitomo Mitsui Banking acted as senior lenders, whereas Banco Santander-Chile acted as a VAT lender.
  • Philippi Prietocarrizosa Ferrero DU & Uría (Marcelo Armas) and Milbank Tweed Hadley & McCloy (Allan Marks) advised the lenders.
  • Carey (Felipe Moro, Juan Pablo Stitchkin) and Skadden Arps Slate Meagher & Flom (Paul Kraske) advised Pattern Energy.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Chile

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firms:

Party: Pattern Energy Group (Borrower, Project developer)


Party: Crédit Agricole Corporate and Investment Bank (Lender)

Party: Société Générale (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: Banco Santander (Lender)

Lawyer: Allan Marks


Party: Crédit Agricole Corporate and Investment Bank (Lender)

Party: Société Générale (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: Banco Santander (Lender)


Party: Pattern Energy Group (Borrower, Project developer)

Lawyer: Paul Kraske