Advisory to the lenders in a credit facility of USD 2.1 billion granted to Niagara Energy S.A.C.

Estudio Echecopar, member of Baker & Mckenzie Internacional, advised Banco Santander, S.A., BBVA Securities Inc., Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A. and Natixis, New York Branch (in each case, acting through such of its affiliates or branches) in a credit facility of USD 2.1 billion granted to Niagara Energy S.A.C. in order to fund the purchase price for the acquisition of Peruvian companies from the Italian Group Enel.

Niagara Energy S.A.C. is a Peruvian company controlled by Actis, a leading global investor in sustainable infrastructure that acquired (i) 92.3% of the shares of Enel Generación Perú S.A.A. and (ii) 100% of the shares of Compañía Energética Veracruz S.A.C. ("Target Companies").

This transaction was very complex and demanding due to the large amount of assets of the Target Companies in Peru. The acquisition of Enel Generación Perú S.A.A was completed through an ex-ante tender offer (Oferta Pública de Adquisición Previa – OPA Previa) in accordance with Peruvian regulation.

Partners Juan Carlos de los Heros, Inés Vázquez, and Alonso Miranda, and associates Mikela Echeandía, Adrián Tovar, Luciana Palomino and Claudia Cruces, advised Banco Santander S.A., BBVA Securities Inc., Citigroup Global Markets Inc., JPMorgan Chase Bank N.A. y Natixis New York Branch throughout the process.