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.
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