US $2 billion Punta Catalina Coal Fired Power Project, Dominican Republic

Davis Polk advised Construtora Norberto Odebrecht S.A. in connection with the construction and joint venture arrangements for the design, engineering, procurement, construction and commissioning of two “clean coal” fired thermoelectric power plants to be located in Punta Catalina, Hatillo, in the Dominican Republic. The power plants are being constructed on behalf of Corporación Dominicana de Empresas Eléctricas Estatales. The Project has been undertaken as a solution to the country’s electricity shortages and high energy prices.

Construtora Norberto Odebrecht S.A. is the construction arm of the Odebrecht Group and is the largest engineering and construction company in Brazil and Latin America.

The Davis Polk team comprised James Vickers, Stephen Hood, Manuel Garciadiaz and Andrés Arnaldos. Members of the Davis Polk team are based in the São Paulo and New York offices.

Source:  www.davispolk.com