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

Published Date
Oct 31 2024
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.

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Capital marketsDebt capital marketsForeign direct investment and CFIUSProject development and financeEnergy

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Augusto Ruiloba

Augusto Ruiloba

Partner

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Augusto, a native Spanish speaker, has over 18 years of experience and is a versatile practitioner advising on project development and ...
Geoffrey Goldman

Geoffrey Goldman

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Geoffrey regularly advises derivatives clearinghouses, trading facilities, trade repositories and other infrastructure providers on mar...
Image of Andrew Meiser

Andrew Meiser

Associate

New York

Andrew focuses on the taxation of various types of domestic and international transactions, including mergers and acquisitions, capital...