Shearman & Sterling advised Abengoa Transmisión Sur S.A., Abengoa S.A. and Abengoa Perú S.A. in connection with a $344 million limited recourse financing for the development, operation and maintenance of an approximately 916km 500kV electricity transmission line and related substations in Peru that will connect the Chilca substation in the Lima region with the Marcona, Ocoña and Montalvo substations in the Ica, Arequipa and Moquegua regions, respectively.

The Shearman & Sterling team included partner Denise M. Grant (New York-Project Development & Finance), counsel Alexandro Padrés (New York-Project Development & Finance), and associates Jeannetta Craigwell-Graham, (New York-Project Development & Finance), Stephen Fowler (New York-Project Development & Finance) and Jennifer Pacella (New York-Project Development & Finance).