Mizuho Americas was recognized as LatinFinance’s Infrastructure Bank of the Year in Central America for successfully securing clean energy and massive infrastructure financings across the region. The most prominent transaction was to support construction of a fourth bridge over the Panama Canal. “This was the largest structured capital markets financing in Panama, the largest government certificate bond transaction of this nature, and largest ever zero-coupon structured bond in Latin America, which defines the magnitude of the project and the achievement of its participants,” Olivier Baratier, Managing Director and Co-Head of the Structured Credit Group at Mizuho told editors at LatinFinance.
Mizuho is proud of its role collaborating with our clients on the following projects which were recognized by LatinFinance:
- Infrastructure Financing of the Year: Central America: Panama 4th Bridge Financing
Mizuho served as the Sole Bookrunner and Joint Structuring Agent on the $1.43 billion project financing which was “the most high-profile public works project bond in Latin America in recent memory,” editors of LatinFinance wrote of the project. The project will remediate traffic issues between Panama City and the rest of the country. China Harbour Engineering Company and China Communications Construction Company won the bid to build the bridge, and, for the first time, the Panamanian Ministry of Finance and Ministry of Public Works were included in the financing. - Infrastructure Financing of the Year: Southern Cone: Aconcagua Desalinization Project Financing
Mizuho served as a Mandated Lead Arranger on two seven-year loans that are part of $833 million in green financing projects which includes the Aconcagua desalination plant and associated San Isidro Quilapilun aqueduct. The project will deliver fresh water to local communities and industrial consumers in Chile. - Infrastructure Financing of the Year: Mexico: Mayakan Pipeline Expansion Financing
Mizuho was a Joint Bookrunner and Joint Lead Arranger on a $2.5 billion 7-year financing of an expansion of the Mayakan Pipeline in Mexico’s Yucatán peninsula. Energía Mayakan, a subsidiary of France’s Engie, will be able to transport increased natural gas volumes to support steam-powered electricity generation, displacing oil-fired power which is more costly and less clean-burning. - Renewable Energy Financing of the Year: EnfraGen Renewable Assets Acquisition & Refinancing
Mizuho served as a Joint Lead Arranger and Joint Bookrunner on EnfraGen's $1.04 billion renewable assets acquisition refinancing which allowed the company to refinance its existing portfolio and acquire hydroelectric, solar and wind assets in Panama and Costa Rica. - Oil & Gas Financing of the Year: Yinson Anna Nery FPSO Refinancing
Mizuho was Co-Manager on a $1.035 billion project bond to refinance Singapore-based Yinson Production’s Anna Nery floating, production, storage and offloading vessels in Brazil.
For a full listing of LatinFinance’s 2024 Project & Infrastructure Finance Awards, please visit: https://latinfinance.com/pifa-2024-winners/