STRAIGHT TALK IS GOOD BUSINESS. ®
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Andrews Kur th Represents CIFI in a $15 Million Secured Loan to Pacific Solar
Energy S.A. de C.V.
October 6, 2015
Washington, DC
(Washington, DC)—On September 28, 2015, the Corporación Interamericana para el Financiamiento de Infraestructura
S.A., a sociedad anónima registered under the laws of the Republic of Panama (“CIFI”), closed on a US$15 million dollar
secured loan to Pacific Solar Energy S.A. de C.V., a sociedad anónima de capital variable organized under the laws of the
Republic of Honduras (the “Borrower”). The proceeds of the loan are intended for the purpose of financing capital
expenditures in connection with the construction, development and operation of a photovoltaic power station of up to 50 MW
in the Republic of Honduras. The security included pledges of shares of the Honduran project company, a guarantee by the
project company’s direct and indirect shareholders residing in the British Virgin Islands and in the Commonwealth of The
Bahamas, certain sponsor support obligations and a security interest in the insurance policies of the project company.
The U.S. based firm of Andrews Kurth LLP advised CIFI on the financing.
Andrews Kurth Lawyers
Vera Rechsteiner, Partner
Eric Markus, Partner
Ignacio Hirigoyen, Associate
Reyna Silva-Santisteban, Foreign Associate
CIFI In-house Counsel
Jose H. Salaverría, General Counsel
Juan Pedeflous, Project Attorney
CIFI Honduran Counsel
Matamoros Batson Abogados - LatamLex
Dennis Rene Matamoros Batson, Partner
Manuela Bueso, Partner
CIFI BVI Counsel
Harney Westwood & Riegels
Simon Hudd, Partner
CIFI Bahamian Counsel
McKinney, Bancroft & Hughes
John F. Wilson, Partner
Lemarque Campbell, Associate
STRAIGHT TALK IS GOOD BUSINESS. ®
Headline News
Borrower’s Honduran Counsel
Arístides Mejía Carranza
About Andrews Kurth
Since 1902, Andrews Kurth has built its practice on the belief that “straight talk is good business.” Real answers, clear vision
and mutual respect define the firm’s relationships with clients, colleagues, communities and employees. With more than 400
lawyers across 10 offices worldwide, Andrews Kurth represents a wide array of clients in multiple industries. For more
information about Andrews Kurth, please visit andrewskurth.com.
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