January 29, 2018

Revitalizing a Crucial Power Plant in Mexico – Norte III

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Dan Bartfeld, John Franchini and Roland Estevez co-author Case Study with Macquarie on Groundbreaking Norte III Deal

Milbank Partners Dan Bartfeld, John Franchini and Roland Estevez from the Project, Energy & Infrastructure Finance and Global Corporate Groups co-authored, together with their client Macquarie Capital, a case study titled “Revitalising A Crucial Power Plant” published by Project Finance International. The case study focuses on overcoming a unique set of challenges and the complex and creative path taken to successfully restructure and revitalize the significant power infrastructure project called Norte III. The case study notes that at the start of 2015, Mexico’s Federal Electricity Commission commissioned the development of a combined-cycle power plant just south of Ciudad Juarez in the State of Chihuahua, Mexico, to help meet the growing need for electricity in the region. Norte III will be one of the largest combined-cycle power plants in Mexico and provide electricity to more than 500,000 houses.

Read the full article: Norte III - "Revitalising A Crucial Power Plant"