Ingresar
USD 1 billion in foreign direct investment
By Portal & Asociados
The project is comprised of a 378 MW natural gas-fired power plant, a floating storage regasification unit (FSRU), and an approximately 44 km electric transmission line that will connect to the Central American Electrical Interconnection System, strengthening the country’s electric grid. The project is scheduled to be operational by the end of 2021.
EDP will introduce a new source of thermal generation to El Salvador through power purchase agreements with seven of the country’s distribution companies. The plant’s use of natural gas will reduce the amount of imported diesel and heavy fuel oil fired generation in El Salvador’s electricity mix, resulting in significant environmental benefits for the country and the region.
US-based Invenergy developed EDP in partnership with El Salvador-based partners Grupo Calleja, VC Energy de Centroamerica and Quantum Energy.
“Energía del Pacífico is a transformational project for El Salvador and the entire region – a shining example of the enormous opportunity that can be created, despite prior obstacles, when private initiatives have strong government support,” said Michael Polsky, Invenergy Founder and Chief Executive Officer. “Leveraging our decades of development, engineering, finance, construction and operating experience, Invenergy is uniquely positioned to lead this partnership and execute this complex project.”
Eproint
Whether your company is big or small, at Eproint you are our priority and we can take care of everything regarding legal processes to create and protect your brands, and provide you with an Intellectual Property strategy to achieve your goals.
In El Salvador, Practice Head Edy Guadalupe Portal is a partner at Eproint and has more than 25 years of experience in Intellectual Property. Since 1995, she has been recognized as the Salvadoran voice of Intellectual Property protection for always informing the IP community about changes to IP law and international treaties.
During her career, Mrs. Portal has helped numerous international law firms and in-house counsel with all facets of their IP matters in El Salvador and Central America. Her extensive practice includes work in trademarks, patents, industrial designs, utility models, copyrights, unfair competition, foreign investment, regulatory law/health registrations, licensing, franchising, appellations of origin, geographical indications, IP litigation, fashion law, new technologies, data privacy, cybersecurity, domain names, entertainment law, advertisement law, trade secrets, valuation of intangibles, and IP due diligence. She is also recognized for the great anti-piracy and anti-counterfeiting results she has delivered for her clients. She also helps coordinate Latin America Intellectual Property Protection for the firm.