(The Blackstone Group) Blackstone announced a partnership with a highly experienced management team, led by Pedro Barriuso, the former Executive Chairman at Element Power and former head of Iberdrola Renewables, to create Fisterra Energy (“Fisterra”), a company owned by funds managed by Blackstone on behalf of its private equity investors. Read more
Conduit Capital and CAF Invest in 40 Megawatt Peruvian Solar Project
Tags: Energy, Member Firm, Peru, Private Equity
(OBPR) November 12, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, and CAF, development bank of Latin America, announced that they have invested in the Tacna and Panamericana solar projects in southern Peru, and that the Tacna project has entered into operation. Read more
IFC, IFC ALAC Fund to Invest $27M in PetroNova to Support Company Growth, Expand Oil and Gas Production in Colombia
(The Sacramento Bee) September 10, 2012 - IFC, a member of the World Bank Group, and the IFC African, Latin American, and Caribbean Fund (IFC ALAC Fund), have agreed to make a $27 million equity investment in PetroNova, Inc, to support the expansion of the company’s oil and gas exploration program in Colombia. Read more
Conduit Capital Announces Initiation of Construction Project in Mexico
Tags: Energy, Infrastructure, Member Firm, Mexico
(Conduit Capital Partners) August 1, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced the initiation of construction of a 22 megawatt Wind Project at Santa Catarina (“Eolica Santa Catarina”) in northern Mexico. Read more
Conduit Capital Announces Start power Project in Jamaica
Tags: Energy, Infrastructure, Member Firm
(Conduit Capital Partners) July 31, 2012 – Conduit Capital Partners, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced the start of commercial operations of a 66 megawatt heavy fuel oil power plant at West Kingston (“West Kingston Power Project”) in Jamaica. Read more
Southern Cross Signs Investment Agreement with Estrella International
Tags: Energy, Private Equity
(Chadbourne) June 29, 2012 – Chadbourne & Parke LLP represented Southern Cross Latin America Private Equity Fund IV, L.P. “Southern Cross” in connection with their proposed investment in Estrella International Energy Services Ltd. “Estrella”, a group of companies engaged in providing services to the petroleum, mining and geothermal industries in Latin America. Read more
OPIC Board Approves $185M for Two Solar Power Projects in Peru
Tags: Alternative Energy, Energy, Peru
(OPIC) June 18, 2012 – Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, approved $185M in financing for the construction of two 20-megawatt solar power plants in Peru that will produce nearly 100M kilowatt hours of electricity annually Read more
