Montecristi Solar FV, S.A.S. has secured financing to develop a 57MW solar power plant in Dominican Republic.
Becker, Glynn, Muffly, Chassin & Hosinski LLP acted as international transaction counsel on behalf of the lead lender and arranger, DEG, and lenders FMO and BIO. Becker Glynn’s team was headed by Partner Peter Hosinski, with assistance from Lead Associate Matias Sueldo and Associate Tianpu Zhang. In addition to primary responsibility for all of the New York law transaction documentation, Becker Glynn coordinated the efforts of attorneys for the lenders, as well as for the borrower and the sponsors, in the Dominican Republic, Germany, and Spain, and addressed a number of structural issues relating to security and anticipated ownership changes.