Colombia
Cuatrecasas advises Macquarie on the USD 70 million financing granted to LNG Canada for the purchase of Lewis Energy Colombia
September 13, 2023
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SubscribeCuatrecasas has advised the Macquarie Group on finance structuring for the purchase of 100% of the shares of Lewis Energy Colombia Inc. by LNG Canada HoldCo Inc. (a subsidiary of the LNG Energy Group Corp., a listed entity on the TSX Venture Exchange of the Toronto Stock Exchange).
With this transaction, LNG Energy makes its debut in Colombia to indirectly operate five gas blocks. This confirms foreign investors’ interest in the country, particularly in the natural gas sector, which will continue to be a strategic element of the energy transition process.
The closing of the financing for USD 70 million, involving five jurisdictions, took place parallel to the conditional approval granted to the LNG Energy Group to list their ordinary shares on the TSX Venture Exchange of the Toronto Stock Exchange.
The Cuatrecasas advisory team was led by our Bogotá office managing partner, Manuel Quinche, and our associates Manuel Gómez, Felipe Londoño and María Mónica Latorre.
September 13, 2023
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