Bridge Financing for a 215
MW Wind Project in Panama
InterEnergy Holdings (“IEH”) is a holding company that owns and operates power generation and distribution assets in Latin America and the Caribbean. Its predecessor, Basic Energy Ltd., led by power entrepreneur Rolando Gonzalez Bunster, had 25 years of investment and operational experience in the power sector having acquired and developed over 1,500MW in the Dominican Republic, Argentina, Panama and Jamaica.
Pan American Finance advised IEH on raising US$100 million in bridge financing from Portugal’s Banco Espírito Santo de Investimento (“BESI”) for the acquisition, development, and construction of a 215 MW wind project in Penonome, Panama. The project is expected to be the largest wind power plant in the Central America and Caribbean regions.