Paul Hastings Advised Consorcio Eléctrico Yapay S.A. in Financing for TOCE-CEPI Transmission Project in Perú
Paul Hastings LLP advised Consorcio Eléctrico Yapay S.A., as borrower, and Consorcio Transmantaro S.A., as sponsor, in the equity bridge loan financing of the TOCE-CEPI transmission project in Perú. The project represents the largest energy transmission investment ever awarded by ProInversión, a public agency that promotes private investment in public services, infrastructure, assets, and state-owned companies in Peru, consisting of more than 1,000 km of 500 kV transmission lines with projected capex of over $800 million. The project will connect to clean energy sources, ensure the transportation of electric energy to the north of Peru, and will benefit more than nine million Peruvians.
Partner Thomas R. Sines leads the Paul Hastings team, which also included associate Bruna Rey and law clerk Nelson Mendez.
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