AES Chivor & Cia’s Acquisition of Coldwind
Mar 21, 2019
AES Chivor & Cia executed the acquisition of Coldwind a developer of wind power plants in Colombia. AES Chivor & Cia. generates and sells electricity in Colombia. The company has the Chivor hydroelectric power plant with an installed capacity of 1,000 MW located in the municipality of Santa Maria, Boyaca, as well as Tunjita hydroelectric power plant, which is under construction with an installed capacity of 19.8 MW located in the municipality of Macanal, Boyaca. Based in Bogotá, the company operates as a subsidiary of Norgener S.A.
Philippi Prietocarrizosa Ferrero DU & Uría advised AES Chivor & Cia S.C.A. with Nicolás Tirado (Picture), Laura Grisales and Santiago Stein. Posse Herrera Ruiz advised Coldwind with Álvaro José Rodríguez, Juan David Velasco, Mariana Sánchez, Camilo Lovera and Pablo Fernández. In Paris, Gide Loyrette Nouel advised Coldwind with Alexis Pailleret and Chloé Bouhours.