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Tierra Mojada Luxembourg II S.à r.l. announces results of consent solicitation for its 5.750% Senior Secured Notes due 2040 which together with the previously obtained consents from the lenders under its credit facility represent the majority required to

On Friday, Tierra Mojada announced it secured 86.77% approval from noteholders and lenders to amend its service agreement, authorizing installation of a MeeFog wet-compression system on GE 7HA.02 gas turbines.
Noteholders provided $573,966,028.14 representing 64.35% of combined exposure, while lenders contributed $200,000,000 or 22.42% of exposure, for the Zapotlanejo, Jalisco, Mexico power plant.
Binding amendments adjust liability, warranty, maintenance, and performance guarantees; the company will pay a consent fee of $1.00 per $1,000 original principal amount within five business days.
Securing the 86.77% threshold allows Tierra Mojada to execute the amended agreement, which mandates new operational terms for the plant's turbines and binds all noteholders and lenders.
Payment of the consent fee, due within five business days of Friday's expiration, will officially trigger the contract modifications updating terms from the original May 8, 2017 agreement.

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Tierra Mojada Luxembourg II S.à r.l. announces results of consent solicitation for its 5.750% Senior Secured Notes due 2040 which together with the previously obtained consents from the lenders under its credit facility represent the majority required to

LUXEMBOURG, March 13, 2026 /PRNewswire/ -- Tierra Mojada Luxembourg II S.à r.l. (f/k/a FEL Energy VI S.à r.l.) ("Company," "we," "us," or "our") announced today that it has received the necessary consents under (a) the previously announced consent solicitation (the…

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