NATIXIS
Category: Project & Infrastracture Finance Awards
AWARDS: BEST INFRASTRUCTURE LAW FIRM: LATIN AMERICA
What project finance doldrums? Milbank, Tweed, Hadley & McCloy was involved in a swathe of notable deals in the past year. The New York-based law firm advised the Colombian concessionaire Autopistas del Nordeste on a long-term loan for the Conexión Norte toll road and also advised France’s Neoen on financing the Providencia solar project in El Salvador.
AWARDS: BEST AIRPORT FINANCING, BEST TRANSPORT FINANCING
Valued at roughly $13 billion, the new international airport in Mexico City will likely be a hallmark of President Enrique Peña Nieto’s time in office. It is also slated to be one of the largest infrastrucutre projects in Latin America
AWARDS: BEST INFRASTRUCTURE FINANCING: BRAZIL
Casa dos Ventos Energias Renováveis has received more than 3.5 billion reais ($1.11 billion) from Brazil’s national development bank BNDES in the past few years. But when it came time to finance the Ventos do Araripe III wind farm, the company formed relationships with a new crop of lenders.
AWARDS: BEST INFRASTRUCTURE FINANCING: CARIBBEAN
While it closed the acquisition of Aeropuertos Dominicanos Siglo XXI, or Aerodom, in early 2016, Vinci Airports started looking at ways to improve the company’s finances.
AWARDS: BEST INFRASTRUCTURE FINANCING: CENTRAL AMERICA
When Autopistas del Sol, a toll road concessionaire owned by Spain’s Globalvia, sought financing for the Ruta 27 toll road in Costa Rica in 2007, it relied on loans from Spain’s Bankia and the Central American Bank for Economic Integration (CABEI).
AWARDS: BEST INFRASTRUCTURE LAW FIRM: ANDES
Chile, already a large consumer of electricity, needs to raise capital to build new transmission lines that will strengthen the country’s grid and integrate many upcoming renewable power projects.
AWARDS: BEST INFRASTRUCTURE LAW FIRM: BRAZIL
To fund infrastructure projects in the economic and political turbulence in Brazil, investors have banded together to share risks, making for some complex deals. One law firm, Stocche Forbes, has helped developers navigate the complexities and advised on some of the most important deals in the infrastructure market, including the winner of Best Infrastructure Financing in Brazil, the Ventos do Araripe III wind farm.
AWARDS: BEST INFRASTRUCTURE LAW FIRM: MEXICO
Mexico’s Galicia Abogados has been ever-present in the project finance market over the past year. The law firm took part in a $2 billion green bond issue for the new airport in Mexico City. It worked on a $1.6 billion financing package for Red Compartida wireless telecommunications PPP. It also worked on loans for the local midstream developer Fermaca to build new natural gas pipeline concessions, showing its versatility in different sectors.
