Shearman & Sterling advised Citibank, N.A., as administrative agent and a lender, on an amendment and restatement of The AES Corporation’s existing $1 billion secured revolving credit facility to refinance and extend the existing facility and for working capital and general corporate purposes. Loans and letters of credit are also available for solar, wind, hydro, storage battery and other renewable energy projects.

The AES Corporation is a Fortune 500 company that generates and distributes electrical power. AES is headquartered in Arlington, Virginia, and is a leading power company, that generates and distributes electric power in 15 countries.

The Team