Shearman & Sterling represented Pueblo Viejo Dominicana Corporation, a joint venture between Barrick Gold and Goldcorp Inc., in the $1.035 billion project financing for the development of its gold/copper resource in the Dominican Republic comprised of the reopening of the existing open pit gold mine site as well as the development of related infrastructure, including electric power generation and transmission facilities. The total investment for the Pueblo Viejo project exceeds $3 billion.

The Shearman & Sterling team was led by partner Cynthia Urda Kassis (New York-Project Development & Finance) and included partner Howard Steinberg (New York-Project Development & Finance) and associates Alexandro Padrés (New York-Project Development & Finance), John Paul Huntington Vigman (New York-Project Development & Finance), Erin Kelly (New York-Project Development & Finance) and Ranbir Singh Chowdhary (New York-Project Development & Finance).