Centrais Eletricas de Sergipe (Sergipe CELSE)

Sergipe CELSE / Porto de Sergipe - SERV Covered Loan

Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Brazil

Deal Overview

The transaction is highly innovative, as it is the first time that an ECA, namely SERV, has provided comprehensive cover for a project bond issuance, and in this instance, even in local currency (BRL). The structure developed allows CELSE to avoid currency risk on the project level while gaining...

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Deal Volume
$1.5bn
Financial Close
04/04/2018
Dealmakers
Eduardo Lima

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Felix Stange

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Hans-Peter Busson

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Henrik Bergemann

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Sebastian Hofert von Weiss

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Tranches

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Project Deals

1.5GW Celse Thermal Plant in Segipe
$1.8bn
Greenfield
Gas-fired combined cycle
Latin America
Latin America
Brazil