Five firms breeze through latest RenovAr financing

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Five firms breeze through latest RenovAr financing

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Cleary Gottlieb Steen & Hamilton LLP in New York and Buenos Aires and Salaverri, Burgio & Wetzler Malbrán in Buenos Aires have helped construction company Petroquímica Comodoro Rivadavia obtain US$108 million financing to develop a wind farm in southern Argentina.

The lenders relied on Clifford Chance LLP in New York and Bruchou, Fernández Madero & Lombardi in Buenos Aires for the deal, which closed on 4 December.

Tanoira Cassagne Abogados in Buenos Aires advised the local trustees and collateral agents. Hinckley Allen in New York is also thought to have advised Tanoira’s clients, but this could not be confirmed prior to publication.

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