News

Chadbourne Represents EPM Ituango in BOOMT Contract for the 2400 MW Hidroituango Project

April 28, 2011

Chadbourne & Parke LLP represented EPM Ituango (EPM's controlled SPV) and EPM in the negotiation and execution of a BOOMT Contract with Hidroituango S.A. E.S.P, for the construction, development and operation by EPM Ituango of the Ituango Hydro Project.

The Ituango Hydro Project, a 2,400 MW run-of-the-river hydro power facility, is expected to be the largest in Colombia and should begin operations in 2018. After its commercial operation by EPM Ituango for the term of the BOOMT, Hidroituango S.A. E.S.P. shall receive the operating facility in year 2061.

Working for Chadbourne on the deal was partner Carlos Albarracín.


 

Practice Areas

Capital Markets

Finance

Mergers and Acquisitions

Project Finance

Industries

Energy

Mining and Metals

Oil & Gas

Transportation

Regions

Latin America

North America

United States

Offices

New York