ContourGlobal Completes $525 Million Refinancing
09.05.24
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Simpson Thacher represented ContourGlobal in the $525 million refinancing of a 518 MW portfolio of natural gas-fired CHP cogeneration plants located along the Gulf of Mexico in Cosoleacque and Altamira. The plants serve a number of large industrial, commercial and manufacturing customers in Mexico, offering a more energy efficient and lower emissions source of thermal power. The transaction involved the issuance of $252 million of private placement notes and $273 million of bank facilities.
The Simpson Thacher team included Claire Williams, Gil Strauss, Srishti Gupta, Lauren Bugler, Jennifer Falconer Hall and Busra Kakdas (Corporate).