Cuatrecasas advises MUFG Bank on the structuring, negotiation and financial closing of the Termo Caribe project
The firm has advised MUFG Bank Ltd. on the structuring, negotiation and financial closing of the Termo Caribe project, consisting of the construction and start-up a 42 MW power plant.
The financing was structured through fixed-term loans and letters of credit, which will allow Termo Caribe S.A.S. E.S.P. to build and start up the plant, located in Bolívar Department (Colombia). It will also enable financial cost optimization.