Clifford Chance
Clifford Chance advises on financing for the acquisition of two e-bus fleets in Bogotá, Colombia
February 3, 2023
- Fabricio Longhin (He/Him), Julian Hurtado Vallejo, David Rondon, Avrohom Gelber
- Washington D.C., New York
Clifford Chance advises on financing for the acquisition of two e-bus fleets in Bogotá, Colombia
Leading international law firm Clifford Chance has advised BNP Paribas and Inter-American Investment Corporation as lenders in connection with the ~US$148 million financing of two e-mobility concessions awarded to special purpose vehicles owned by Enel X and InfraBridge (formerly AMP Capital), each for the purchase of a fleet of electric buses for the Transmilenio mass transportation system in Bogotá, Colombia.
The proceeds of the loan will be used to purchase a total of 401 electric buses, as well as for the provision, design and construction of the support infrastructure for public transportation services in the city.
The Clifford Chance team was led by partner Fabricio Longhin and associate Julian Hurtado Vallejo and included associate Daniel Justus and attorney David Rondon. The team also included partner Avrohom Gelber and associates David Martinez and Brianna Jones-Rich.
Clifford Chance has a track record of advising on infrastructure financing transactions in Colombia, recently advising on an e-bus financing in Bogotá, Colombia as well as on the financing for the first line of the Bogota metro.
