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H&H advises Invenergy in acquisition of photovoltaic power station

 

Haroldo Espalter (H&H Partner): “This deal shows that the Uruguayan renewables market is still very active, attracting first class players such as Invenergy. It is clear this trend will continue in the future, consolidating the players among a short list of high expertise companies”

 

Mariana Estradé (H&H Senior Associate): “The deal had the legal particularity that there were subsequent closings in Spain and Uruguay, due to certain formalities to be accomplished to have a valid and effective assignment of the social quotas under Uruguayan law. There were also simultaneous negotiations with theSenior Lender for Invenergy to be accepted as the new sponsor of the Project.”

 

All firms involved:

 

Advisors of Fotowatio Renewable Ventures,B.V.:

In-houselawyer: Pablo Martin.

CliffordChance LLP: Partner José Guardo. Associate Eduardo Sánchez.

Guyer & Regules: Partners Federico Susena yDiego Baldomir. Senior Associates Marcos Payssé y Carolina Suárez.

 

Counsel to Invenergy LLC:

In-houselawyers: William Borders y Catalina Yoder.

Hughes& Hughes: Partner Haroldo Espalter. Senior Associate MarianaEstradé. Associates María Eugenia Gitto, Clara Villaamil, Tania Cavalloy Marcela Severi.

White& Case LLP (Miami y Madrid): PartnerChristian W. Hansen. Associates Thomas Pate, Ana María Arias, Elizabeth A.González y Elisabeta Pérez-Ardá.

Counsel to Banco Interamericano de Desarrollo(BID):

FERRERE: Partner GonzaloSecco. Senior Associate Sebastián Ramos.

Chadbourne& Parke LLP (Nueva York): Partner Raquel Bierzwinsky. AssociatesRichard Susalka y Brad Warner.