Back

A&O Shearman advises Ashmore Renewables on financing of acquisition of Peruvian power company

A&O Shearman represented Ashmore Renewables S.A.C., an Ashmore Group company, in connection with a credit facility provided by Sumitomo Mitsui Banking Corporation to finance the acquisition of Ergon Peru S.A.C. and its operating arm, TRE Peru S.A.C..

The transaction includes two fully operational rural electrification concessions dedicated to install, operate and maintain photovoltaic systems located in off-grid communities, schools and healthcare facilities across underserved areas of Peru. The Ashmore Group is one of the world’s leading investment managers dedicated to Emerging Markets.

Our work on behalf of Ashmore Renewables illustrates the breadth and depth of the firm’s experience advising on energy transition projects in Latin America.

The A&O Shearman team included energy, natural resources & infrastructure (ENRI) partner Augusto Ruiloba, global financial markets (GFM) partner Geoffrey Goldman GFM associate Derrick Vallejos, tax associate Andrew Meiser and visiting attorney Ana Gabriela Martinez.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Nitya Vashishtha
Nitya Vashishtha