EVM II finalizes gas-fired power financing

EVM II finalizes gas-fired power financing

Loans Project & Infrastructure Finance Structured Finance Mexico

Combined-cycle power plant Energias del Valle de Mexico II (EVM II) obtained a $740m financing package this week, sources told LatinFinance. Commercial banks Citi, BNP Paribas, SMBC, Banco Nacional del Comercio Exterior and over a dozen institutional investors participated in the arrangement. Law firm Milbank represented the four commercial banks while Shearman & Sterling represented EVM II and Paul Hastings counseled EVM as the sponsor on the deal. EVM II is a 850 MW combined-cycle natural

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