IFLR1000

Cogeneracion Green Power 38MW sugar cane power plant

10/6/2016
Project development, Project finance
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$ 31 million

Completed

10/6/2016

Overview:

  • Cogeneracion Green Power 38MW sugar cane power plant
  • Banpro has provided Nicaragua’s 38MW Cogeneracion Green Power plant with a $31 million loan.
  • Interestingly, the loan came in the form of the raw material bagasse cane, inventory that the Cogeneracion plant will use to generate energy.
  • Cogeneracion Green Power is a subsidiary of Ingenio Montelimar.
  • Cogeneracion was represented by in-house counsel.

Kurt Stumpo - Journalist

Jurisdiction:

Nicaragua

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

Nicaragua

Industry sector:

Energy

Firm:
Consortium Legal

Party: Banpro (Lender)

Lawyer: Martha Lorena Icaza

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