Consortium El Salvador Advised the Joint Venture UDP PROYECTO LA TRINIDAD

August, 2014 - El Salvador, El Salvador

Consortium El Salvador advised the joint venture UDP PROYECTO LA TRINIDAD in order to participate in the first and most important International Public Tender for renewable energies developed in El Salvador to this date.

From a total of 100 MW to be contractec, finally only 94 MW for the generation of renewable solar energy were awarded to four projectsthorugh the public tender, two of which belong and were awarded to UDP PROYECTO LA TRINIDAD.

An integrated legal advide was provided to UDP PROYECTO LA TRINIDAD since the creation of the legal and financial structure for the future project, up to the participartion in the Public Tender. Consortium assisted as direct and local representative of the joint venture for the implementation of the execution of the participation in the tender process.Consortium was in charge of the generation, management and consolidation of all necessary information to participate as a Proponent. Additionally Consortium will continue to ongoing legal advice for the implementation of the project that will generate renewable energy.

30 proposals were submitted for the photovoltaic power sector, a siginificant percentage weredisqualified for not meeting the legal, technical and economic requirements, thereforethe contribution of Consortium in this respect was vital.

REAL Infrastructure Capital Partners LLC (REAL) is a New York-based private equity fund management firm, formed to raise and invest funds, primarily in Latin American markets such as Central America. REALfocuses on investing in commercial power generation from cost competitive renewable sources (e.g., wind, hydro, solar) with an immediate focus on Central America where the demand for energy is dramatically outpacing supply.

The local investment is being conducted through the fund Latin Renewables Infrastructure Fund, LPand participating in the Public Tender process through the joint venture UDP PROYECTO LA TRINIDAD (awarded entity).

Matter of Value: USD 30,000,000.00 (mío.) of initial investment for the execution of the solar project.

Please contact Sebastián Libkind [[email protected]] for questions on the transaction.
Spain: +34 637 564 178
El Salvador: +503 6305 4682
Mexico: +52 (1) 55 3514 4637

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