Latin Lawyer Awards: S&C Deal Named “Banking and Finance Deal of the Year” 2019October 6, 2020
S&C advised a consortium led by China Three Gorges in a $850 million refinancing following its acquisition of Empresa de Generación Huallaga S.A., which was recognized as the “Banking and Finance Deal of the Year” at the 2019 Latin Lawyer Deals of the Year Awards. “The winning deals all exhibited truly novel legal work at a level of complexity that broke new parameters in the jurisdictions they occurred in,” Latin Lawyer stated, adding, “Their impact and significance are evident well beyond the negotiating table.” The winners were chosen from more than 400 nominations.
The consortium completed its $1.39 billion acquisition of Peru’s Chaglla hydroelectric power plant in April 2019.
The S&C team that advised the consortium on the acquisition included corporate partners Sergio Galvis and Werner Ahlers in New York, as well as Chun Wei in Hong Kong. Partners Jamie Logie, Garth Bray and Kay Ian Ng in Hong Kong advised on financing matters, including securing the bridge loan and credit facility.