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Banobras grants waiver to San Matías windfarm to be acquired by Fibra Orion

December 2023

Client(s) Banco Nacional De Obras y Servicios Públicos, S.N.C.

Jones Day advised Banco Nacional De Obras y Servicios Públicos, S.N.C. (Banobras) to grant the financing authorizations for the acquisition of Fuerza Eólica San Matías (San Matías windfarm) by Fibra Orion.

In 2018, Jones Day represented Cemex and Pattern Energy Group in the sale of 100% of the outstanding equity interest of Fuerza Eólica de San Matías, to Sinia Capital. Jones Day also represented Fuerza Eólica San Matías in securing a $45 million credit facility (project finance) from Banobras.

San Matías is a 30 MW wind electricity generation project located in Baja California, Mexico.

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