Lefosse and Demarest advises Cobra Brasil Servicos on investment

Lefosse and Demarest advises Cobra Brasil Servicos on investment

AES Tietê Energia S.A. executed with Cobra do Brasil Servicos, Comunicacoes e Energia S.A. an investment agreement to make an investment in an amount equivalent to R$ 470 million in debentures to be issued between September of 2017 and March of 2018, by 5 (five) specific purpose entities, all of which are subsidiaries of Cobra do Brasil. The funds from the Debentures shall be used by the SPE’s in order to fund the construction by Cobra do Brasil for photovoltaic solar plants in the City of Guaimbê, State of Sao Paulo.
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Financing of Peru’s metro

Clifford Chance advised Mizuho Bank and Sumitomo Mitsui Banking Corporation on the US$396 million financing for the expansion of the Line 1 of Lima's metro. Line 1 will make improvements to civil infrastructure and rolling stock, including trains and cars that will be designed, built, operated and maintained by the concessionaire GyM Ferrovías S.A., owned by Graña y Montero S.A.A. and Ferrovías as Participaciones S.A. Clifford Chance previously advised on the financing of Line 2 of the Lima and Callao Metro project in Peru, which was the largest international financing of a Peruvian infrastructure project. Partner Gianluca Bacchiocchi led the team…
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