Shearman & Sterling Advises on InterGen Power Project Financings in Mexico

Shearman & Sterling advised The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch (BTMU) in connection with the financing of InterGen’s 205 MW natural gas-fired San Luis de la Paz project in Guanajuato, Mexico. Concurrently, the firm also advised BTMU in connection with the financing of the InterGen’s Altamira Compression Station in Tamaulipas, Mexico.

The bank group for each financing is comprised of BTMU, EDC, HSBC, NordLB, Sumitomo and Scotia Bank. Credit facilities for the San Luis de la Paz project total approximately $217 million. Credit facilities for the Altamira Compression Station total approximately $118 million.

The following Shearman & Sterling lawyers advised on the transaction: partners Cynthia Urda Kassis (New York-Project Development & Finance), Gregory Tan (New York-Project Development & Finance), Azam Aziz (New York-Investment Funds), and Craig Gibian (Washington, DC-Tax); counsel Alexandro Padrés (New York-Project Development & Finance); and associates Daniella Polar (New York-Project Development & Finance), Maria Marulanda Larsen (New York-Project Development & Finance), Ayako Adachi (New York-Project Development & Finance), Alexandre Charles (New York-Investment Funds), Nathan Tasso (Washington, DC-Tax), Jeffrey Tate (Washington, DC-Tax) and William Zhu (New York-Corporate Group).

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