Alexandro M. Padrés is a partner in the Project Development & Finance practice.
He focuses on infrastructure projects as they relate to the electricity (both conventional and clean/renewable), oil and gas telecommunications and mining sectors, with a particular emphasis on Mexico and Latin America. Most recently, Alexandro’s practice has consisted of portfolio financings in several jurisdictions in Latin America (in various modalities and levels of complexity), including advising sponsors and lenders on the financing of renewables projects being developed under the auspices of power purchase agreements under the new legislative framework in Mexico arising from the constitutional energy reform of 2013, as well as the development and financing of gas transportation infrastructure and legacy independent power producer projects in Mexico issued by the Comisión Federal de Electricidad (CFE). Alexandro also represents sponsors and lenders throughout Latin America, including more recently on the financing of contracted transmission line projects and desalination projects in Chile.
Alexandro advises various sponsors, such as Engie, AES Corporation and numerous multilateral agencies, regional and local development banks and export credit agencies in all aspects of project and infrastructure finance.
- The purchasers of private placement secured notes, in connection with the refinancing of the construction of the Longitudinal de la Sierra Norte Tramo 2 toll road project in Peru, wherein the notes are secured by the securitized payment rights due from the Government of Peru to the concessionaire for the project, including negotiation of a purchase agreement for the underlying true sale transaction. The transaction is of particular note because it constitutes the first securitization of PAMPI rights in Peru
- The commercial and development banks with the Enel Green Power portfolio project financing of three solar photovoltaic (PV) plants in Mexico -- Don Jose, Villanueva I and Villanueva III -- with an aggregate project value of approximately $1 billion. Each project is contracted under a 15-year energy and 20-year clean energy certificate power purchase agreement awarded pursuant to auctions held by the Centro Nacional de Control de Energía (CENACE) of Mexico, following the historic energy reform of December 2013 (“Americas Solar Deal of the Year” by PFI 2018 )
- Transelec Concesiones S.A., an affiliate of Transelec S.A., in connection with the approximately $358 million loan facility and associated interest rate hedging for the individualized portfolio construction financing of four independent transmission lines (each with a capacity of between 2x220 kV and 2x500 kV) and four associated independent substations in Chile, with Export Development Canada, KfW IPEX-Bank GmbH and MUFG Bank, Ltd. acting as mandated lead arrangers
- Orion Resource Partners and The Blackstone Group, as lenders and investors, in the debt and equity financing of approximately $400 to $450 million of the Fruta del Norte gold and silver mining project in Ecuador
- Transmisora Eléctrica Norte (TEN) in connection with the financing of the construction of a double circuit 600 km 500 kV transmission line connecting the two major electrical grids in Chile (“Latin America Transmission Deal of the Year” by IJGlobal 2017 )
- FMO, as lender and mandated lead arranger, and DEG, as facility agent on the senior and sub-senior financing of the construction of Pacific Solar Energy’s 50 MW solar-powered electric generating facility in Honduras
- Export Development Canada (EDC) in the provision of a revolving loan of up to $80 million to Grupo Petrotemex, S.A. de C.V.
- The joint lead arrangers, in connection with the approximately $230 million project financing for the Roadrunner natural gas pipeline, sponsored by ONEOK Partners and Fermaca
- Grupo Carso and IDEAL on the $535 million project financing for the development of the natural gas pipeline running from Samalayuca, Chihuahua, to Sásabe, Sonora, in Mexico; Also advised Carso Energy, as sponsor, on the $240 million secured bridge financing of the natural gas pipeline running from Samalayuca, Chihuahua, to Sásabe, Sonora, in Mexico
- Energy Transfer Partners, MasTec and Carso Energy, as sponsors, on the $1.2 billion project financing of the Waha-San Elizario and Waha-Presidio natural gas pipeline projects, to carry gas for CFE
- Abengoa on the $200 million bridge loan facility for the Norte III project, a 778 MW ± 15% combined cycle gas turbine power plant in Ciudad Juárez, Mexico
- The lenders on the approximately $890 million senior secured financing related to the development, construction, operation and maintenance of the Los Ramones II Sur gas transportation system in Mexico
- AES Gener S.A. on its $425 million 5. 5.000% senior Rule 144/Reg. S notes offering
- Empresa Electrica Guacolda S.A., a Chilean joint venture between AES Corporation and Global Infrastructure Partners, on its $500 million fixed rate investment grade Rule 144/Reg. S notes offering
- Empresa Electrica Guacolda S.A., a Chilean joint venture between AES Corporation and Global Infrastructure Partners, on its 4.560% Senior Notes due 2025 and its $330 million five-year unsecured syndicated loan facility with various financial institutions
- Pueblo Viejo Dominicana Corporation, a joint venture between Barrick Gold and Goldcorp Inc., on the $1.035 billion project financing for the gold/copper resource in the Dominican Republic, comprising of the reopening of the existing open pit gold mine as well as the development of related infrastructure
- EDC on a $140 million financing, of an approximately $300 million co-financing with the ExIM Bank for the Space-Communication Ltd. AMOS 6-satellite program
Instituto Tecnológico Autonómo de México, A.C. (ITAM)
Licenciado en Derecho, with honors
New York University School of Law
- New York
- United Mexican States
Awards & Accolades
- Listed as a Foreign Expert in Latin America and Ranked Band 4 in Projects-Latin America-wide by Chambers Global 2019
- Listed as “Leading US Attorneys in Mexico” in Legal 500 Private Power List 2017 and as “Up and Coming” for Projects Latin America-wide in Chambers Latin America 2017 and a “Rising Legal Star” by Latin Business Chronicle
- Clients tell Legal 500 that Alexandro is a “great lawyer,” “very smart” and has “risen to prominence within the group,” and that he is “especially well positioned for financings related to Mexico’s energy reforms.”