We advised Esentia on the transaction

Davis Polk advised Esentia Energy Development, S.A.B. de C.V. in connection with a revolving credit facility and letter of credit facility for up to $600 million. The proceeds of the facility will be used for ordinary corporate purposes and to issue letters of credit.

Esentia is a leading company in Mexico’s energy sector, specializing in the transportation and commercialization of natural gas. With over 20 years of experience, Esentia develops infrastructure projects that foster growth and expand access to energy, contributing to Mexico’s well-being and sustainable development. The company operates Mexico’s largest interconnected natural gas system, which delivers reliable, cost-efficient natural gas from Waha, Texas, across central Mexico to the country’s key industrial regions.

The Davis Polk infrastructure finance team included partners James A. Florack and David J. Penna, counsel Costanza Garcia Laposse and associate Jennifer de Jesus. The capital markets team included partner Hillary A. Coleman and associates Agustin N. Lopez Roualdes and Gabriela N. Gura. The tax team included counsel Yixuan Long. Counsel Matthew R. Silver provided 1940 Act advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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