Hogan Lovells Advises Republic of Ecuador in US$313 Million Financing for Hydroelectric Project
Hogan Lovells advised the Republic of Ecuador in the negotiation of a US$313 million facility agreement that was executed by the Export-Import Bank of China (Chexim) and the Ministry of Finance of Ecuador. Under the agreement, Chexim granted a loan to be used for the construction of the 270 MW Minas-San Francisco hydroelectric generation project in Ecuador by contractor Harbin Electric International with an approximate cost of US$470 million.