Financiamiento de Proyectos - Jimenez Peña Abogados

Project Financing

Current industry challenges in the Dominican Republic

The Dominican Republic presents an attractive proposal for the investment and financing of projects in sectors such as energy, telecommunications, construction, agriculture and industry. The government of President Abinader works hard to promote local and foreign investment in projects throughout the national territory in order to take advantage of the advantageous geographical position of the Dominican Republic to obtain financing for projects in different key industries for our country.

Our Experience

Our clients receive the advice of a leading team in assistance related to all legal and commercial aspects for the operation, financing and expansion of their investments in the Dominican Republic and in all aspects of the industry, including regulatory, contractual, real estate, among others.

We have a team with unparalleled experience in representing financial intermediation entities, project developers and local and multilateral creditors. Our clients recognize us for the management of the local due diligence process, the structuring of acquisition and financing, considering regulatory, corporate, technical and fiscal aspects.

Clients

JP’s clients include project developers and local and multilateral creditors, as well as multiple and commercial banks, bilateral and multilateral development banks, commercial companies (special purpose vehicles, sponsors, among others).

Relevant Cases

Representation of the International Finance Corporation (IFC) in the due diligence process in energy matters and the subsequent structuring and financing of the project, in relation to the guaranteed syndicated loan granted by IFC in conjunction with several international entities to Parques Eólicos del Caribe, S.A. for the construction, operation and maintenance of the first phase of the 50MW Guanillo Wind Farm, in Montecristi, Dominican Republic.
Representation of Banco Múltiple BHD León, S.A. in the process of due diligence, structuring and disbursement of a senior guaranteed loan for the sum of USD15MM to an important local company, for the development of a project of agricultural and industrial initiatives to make raw sugar and molasses production processes more efficient in the main sugar mill in the Dominican Republic.
Representation of Banco Múltiple BHD León, S.A. and BHD International Bank (Panamá), S.A., in the process of due diligence, structuring and disbursement of a guaranteed syndicated loan for the sum of USD50MM in favor of a commercial company, for the construction, operation and maintenance of a photovoltaic solar energy park with an estimated installed capacity of 50 MW.
Representation of CIFI Latam, S.A. in the process of due diligence, structuring and disbursement of a long-term project financing for the sum of USD15MM granted in favor of the company RDTD I, LLC, sponsored by Innovattel, LLC, guaranteed through the “Torres Dominicanas Trust”, for the acquisition, construction and operation of 215 “build to suit” telecommunications towers throughout the territory of the Dominican Republic, to be leased to Claro, Altice and Viva, the three main telecommunications companies in the country.