ADVISED NATIXIS NEW YORK BRANCH IN THE FINANCING OF US$ 51 MM GRANTED TO PERUANA DE INVERSIONES EN ENERGÍAS RENOVABLES S.A. FOR THE CONSTRUCTION OF THE MANTA HYDROELECTRIC POWER PLANT.

Hernandez & Cía Abogados and Clifford Chance (Spain) advised Natixis New York Branch (“Natixis”) in US$ 51 million loan granted to Peruana de Inversiones en Energías Renovables S.A. (Bow Power – Spain), owner of the concession for the development of the 19.8 MW Manta Hydropower Plant in Ancash, Peru.

The financing was structured as a medium-term loan under Spanish law and guaranteed by a security interest in the project concession and assets. Peruana de Inversiones en Energías Renovables S.A. will use the funds for the construction of the 19.8 MW Manta Hydropower Plant and its associated transmission line.

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