Grupo Gigante drafts and negotiates power purchase agreements

Client(s) Grupo Gigante, S.A.B. de C.V.

Jones Day assisted various affiliates of Grupo Gigante, including Restaurantes Toks, as off-takers in the elaboration and negotiation of a master agreement and seven power purchase agreements under the self supply scheme for an aggregate annual power of 85 GWh which were executed with Thermion Energy through its affiliates as generators. The energy will be produced by solar PV utility scale plants, wind farms, and landfill-gas-to-energy (LFGE) power plants located throughout Mexico.