Parque Industrial de Energía Renovable and PIER IV enter into credit contract to fund windfarm energy projects in Puebla, México
Client(s) Iberdrola Renovables Mexico S.A. de C. V. and PIER IV, S.A. de C.V.
Jones Day advised Parque Industrial de Energía Renovable, S.A. de C.V. and PIER IV, S.A. de C.V., as borrowers, in a Simple Credit Opening Contract with Fiduciary and Pledge Guarantees in connection with windfarm energy projects in Puebla, Mexico. The borrowers entered into the contract with Nacional Financiera, S.N.C., Institución de Banca de Desarrollo ("Nafin" ); Banco Nacional de Comercio Exterior, S.N.C., Institución de Banca de Desarrollo; and Banco Sabadell, S.A., Institución de Banca Múltiple, as lenders, and Nafin, as mandated structuring creditor and agent.