Structured Financing of the Year: Energias del Valle de Mexico II

Structured Financing of the Year: Energias del Valle de Mexico II

When this year’s winner closed the financing for its greenfield gas-fired plant in Mexico, it included an impressive array of components -- a $469 million project bond, a $125 million term loan and $146 million in letters of credit.

Its size impressed and the project bond was the first for a greenfield gas-fired plant after Mexico’s energy reform was implemented.

With that in mind, we award this year’s prize to Energia del Valle de Mexico.