Sanguinetti & Asociados helped US Ex Im Bank and BBVA to grant a loan for the construction of a wind farm in Flores in the category of Project Finance

Sanguinetti & Asociados helped US Ex Im Bank and BBVA to grant a loan for the construction of a wind farm in Flores in the category of Project Finance

19th December, 2014

The firm has provided legal counsel to Export Import Bank of the United States and Banco Bilbao Vizcaya Argentaria Uruguay S.A.in the structuring, in the category of Project Finance regarding the financing of Project Talas del Maciel 1 for the construction of a wind farm of 50 MW located in the Department of Flores. The transaction, which was closed at the end of 2014, is founded on the confidence of the financing entities in the State Energy Agency UTE within the framework of the policy of promotion of generation of renewable energy in Uruguay.

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Ituzaingó 1377, pisos 4 y 5 / Edificio Constitución, Plaza Matriz
CP 11000 - Montevideo, Uruguay
Tel/Fax (+598) 2915 01 01 / www.sanguinetti.uy