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EVM Tenedora Completes $740M Financing of 850 MW Power Plant

New York - Paul Hastings LLP, a leading global law firm, announced today that it represented EVM Tenedora, S.A.P.I. de C.V. as sponsor in connection with a hybrid 4(a)(2) private placement, term loan and letter of credit facility for a natural gas-fired power plant in Mexico called EVM II.

The EVM II project is an 850 MW greenfield combined cycle power plant, part of a broader energy modernization and expansion program being undertaken by Mexico’s state utility, CFE.

Latin America and Energy and Infrastructure partners Elicia Ling and Bob Kartheiser led the Paul Hastings team which also included foreign associate Bruna Rey.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.