The La Paloma transaction was named the 2005 "Power Deal of the Year (Americas)" by Project Finance International in itsYearbook 2006. Vinson & Elkins represented Complete Energy Holdings, LLC and its affiliate La Paloma Acquisition Co., LLC in connection with the acquisition of La Paloma Generating Company, LLC, which owns a 1, 022 MW gas-fired combined-cycle power plant in California. "The financing blended the leveraged finance and project finance markets. Access to both markets created a broad and diverse participation of bank and institutional investors, which maximized benefit to the market and provided best execution to the sponsor."
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