Shearman And Sterling

News April 30, 2021

Alexandro M. Padrés Appointed Head of Shearman & Sterling’s Latin America Practice Group

Global law firm Shearman & Sterling today announces the appointment of Alexandro M. Padrés, a project development and finance partner at the firm, as Head of the Latin America Practice Group.

Alexandro has extensive experience advising clients in Latin America and will coordinate the firm's efforts in the region across all service offerings. He has a deep personal knowledge and understanding of the Latin American landscape, having advised Shearman & Sterling clients in the area for nearly 20 years. He is a dual citizen of Mexico and the United States, natively bilingual and dual qualified in New York and Mexico.

Commenting on Alexandro's promotion, David Beveridge, Senior Partner at Shearman & Sterling said, “Alexandro’s knowledge, expertise and experience in the region ensures he will be best placed to lead our offering in Latin America, providing our clients with the best possible legal advice and market insight. While we have accelerated our strategy and attracted a significant number of lateral hires recently, we recognize the equal importance of promoting and developing our internal talent. Alexandro’s promotion is indicative of this.”

Alexandro added, “As a native Mexican, I am excited to be taking over as Head of the Latin America Practice Group. The region continues to grow and develop across all industries, and I look forward to spearheading our cross-practice offering in Latin America. We remain committed to the region and to working with our clients as we continue to enhance the firm’s Latin American platform.”

Shearman & Sterling continues to support clients on their most complex deals and disputes across Latin America, recent highlights include advising:

  • AES Gener S.A., Colbún S.A., Enel Green Power Chile S.A., Enel Generación Chile S.A., Engie Energía Chile S.A., Eólica Monte Redondo SpA and Guacolda Energía SpA, the four largest electricity generation companies in the Republic of Chile, in their sale of current and future U.S. dollar-denominated Chilean electricity tariff account receivables, which was the first liquidity solution to support the financial sustainability of Chile’s electricity sector
  • The mandated lead arrangers and lenders in the first (Cóndor) and second (Huemul) phases of “Andes Renovables,” a three-phase and fully-contracted 1.3 gigawatt wind and solar power generation platform owned by Mainstream, which is one of Latin America’s biggest wind and solar generation platforms
  • CABEI in its first and subsequent social bond issuances, including its inaugural green bond offering and first COVID-19 vaccine bond offering to fund loans to its member countries to help them assist in the implementation of immunization campaigns, and its largest overall bond offering to date
  • International placement agents in the $2.2 billion initial public by Rede D’Or São Luiz S.A., which at the time was the largest IPO in Brazil since 2013, and one of the three largest IPOs ever in Brazilian B3

Shearman & Sterling has an office in São Paulo as well as a number of lawyers globally who advise clients in the region.