New York – Paul Hastings LLP, a leading global law firm, announced today that the firm represented SMBC and Cofide, as lenders in connection with the $142 million financing of an off-grid solar project in Peru developed by Ergon Peru, a subsidiary of Tozzi Green.
Energy and Infrastructure partner Robert Kartheiser led the Paul Hastings team, which also included associate Thomas Sines and foreign associate Bruna Rey, with the assistance of Milan partners Lorenzo Parola and Marc-Alexandre Courtejoie and associate trainee Federica Piemonte.
Ergon Peru aims to cover the gap in the power grid in rural Peru through the solar project.
The project, expected to be completed in 2019, will bring electricity to traditionally under-served areas of the country and will include the installation of 173,000 solar kits including solar panels, cabling and LED lights for homes, schools and clinics.
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