White & Case LLP - Lawyers - Sandra J. Warren

Practice Experience

Ms. Warren concentrates in project finance transactions with an emphasis on representing financial institutions and other parties involved in the non-recourse financing of large capital projects, including electric power generation plants and telecommunications facilities.

Ms. Warren has represented lenders and other parties in more than 40 project financings involving cogeneration and other independent power production plants fueled by natural gas, pulverized coal, gasified culm, municipal solid waste and waste coal, as well as hydroelectric facilities. Ms. Warren’s experience in the financing of independent energy projects has embraced all aspects of project development and finance, including construction contracts, power purchase contracts, fuel supply and transportation arrangements, operation and maintenance agreements, and loan and security documents. She has also worked on project financings of non-power facilities, including industrial and communications projects.

Ms. Warren also represents financial institutions in connection with workouts, restructurings and bankruptcy reorganizations of distressed projects.

Among the recent transactions in which Ms. Warren has participated are:

the AES Nueva Ventanas Project, a 242-megawatt coal-fired power project in Chile;
the TermoCandelaria Project, a 315-megawatt gas-fired merchant power plant in Colombia, including the initial financing and the subsequent workout and restructuring;
the restructuring of the project debt for the 1,000 MW Chivor hydroelectric project located in Colombia through the filing of a pre-packaged Chapter 11 proceeding in the U.S.;
the project financing of a gas-to-liquids facility in the Republic of Trinidad and Tobago;
the $730 million acquisition financing in connection with the auction sale of an electric distribution company in Rio Grande do Sul, Brazil now called AES Sul;
the Samalayuca II 690-megawatt gas-fired power project developed by a multinational consortium in Chihuahua, Mexico, in which she represented U.S. Eximbank;
the Sabine River Works Cogeneration Project, a quasi-merchant gas-fired cogeneration plant in Texas sponsored by Conoco, Inc.;
the AES Puerto Rico Project, a 454-megawatt coal-fired cogeneration project and related marine terminal facilities;
the Avantel long-distance fiber-optic telecommunications project developed by MCI and Banamex in Mexico, in which she represented U.S. Eximbank; and
the Continental Energy Associates cogeneration facility in Hazleton, Pennsylvania, in which she represented the bank lenders in the original construction and term financing, the subsequent workout and the eventual Chapter 11 bankruptcy proceedings.

Ms. Warren was named one of the leading project finance lawyers in the United States by the International Financial Law Review in each of the last five years, and as one of the world’s leading project finance lawyers in the Project Finance Expert Guide published by Euromoney Institutional Investor.

Bars and Courts
New York State Bar, 1976
US District Court for the Southern District of New York, 1976

Education
JD, New York University School of Law, cum laude, Order of the Coif, 1975
BA, New York University, magna cum laude, Phi Beta Kappa, 1972

Languages
English
French

Citizenship
United States