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Lefosse and Demarest advises Cobra Brasil Servicos on investment

Lefosse and Demarest advises Cobra Brasil Servicos on investment

AES Tietê Energia S.A. executed with Cobra do Brasil Servicos, Comunicacoes e Energia S.A. an investment agreement to make an investment in an amount equivalent to R$ 470 million in debentures to be issued between September of 2017 and March of 2018, by 5 (five) specific purpose entities, all of which are subsidiaries of Cobra do Brasil. The funds from the Debentures shall be used by the SPE’s in order to fund the construction by Cobra do Brasil for photovoltaic solar plants in the City of Guaimbê, State of Sao Paulo.

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