Deacero, Fisterra review revised financing offers

Deacero, Fisterra review revised financing offers

Loans Project & Infrastructure Finance Debt Structured Finance Energy Electricity Mexico US

Lenders are waiting to hear from Deacero and Fisterra Energy after submitting a second round of financing proposals for the Energía de Celaya power plant in mid-July, LatinFinance has heard. Deacero, a steel company from Monterrey, and Fisterra, an energy company owned by the US investment firm Blackstone, started looking for a nine-year loan for roughly $600m to fund the $900m construction project earlier this year. They were not satisfied with the first round of proposals and asked banks to p

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