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
