Liquid Natural Gas Facility in the Dominican Republic

In December 2002, The AES Corporation closed a $145 million loan financing for AES Andres, which is a liquid natural gas terminal, re-gasification facility, pipeline and power plant. A mixture of vendors, project funds and local Dominican banks were tapped, with a view to refinance at a later date. Delphos assisted The AES Corporation in arranging a private political risk insurance policy from Zurich and obtained the participation of a U.S. high-yield lender, TCW.

Details

Category

  • Oil & Gas

Client Name

AES Andres

Services Provided

  • Capital Raising

Region

  • Latin America & the Caribbean

Country

  • Dominican Republic