In its 2020 LatinFinance Project & Infrastructure Finance Awards on September 30, LatinFinance magazine honored White & Case four times, naming the firm "Infrastructure Law Firm of the Year for Latin America" and also recognizing three transactions on which White & Case advised among its "Deals of the Year." The awards recognize the best of the past 12 months in Latin American infrastructure finance and investment.
The winning deals on which White & Case advised were:
Infrastructure Financing of the Year, Central America: Energía del Pacífico LNG Thermo Power Plant (El Salvador)
White & Case advised Invenergy and its project subsidiary Energia del Pacifico on the groundbreaking development and project financing of the 378 MW liquefied natural gas (LNG)-to-power infrastructure project at the Port of Acajutla in the Department of Sonsonate in El Salvador.
Bond of the Year: MV24 Capital B.V. (Brazil)
White & Case advised the global coordinator, and joint bookrunners, in a Rule 144A/Regulation S offering of US$1.1 billion senior secured notes by MV24 Capital B.V., a Dutch special-purpose entity owned by Mitsui & Co., Ltd, MODEC, Inc., Mitsui O.S.K. Lines, Ltd. and Marubeni Corp.
Infrastructure Financing of the Year, Southern Cone (Argentina, Chile, Paraguay, Uruguay): Paraguay's Ruta 2 and 7 Highways
White & Case advised on the groundbreaking financing for the national routes 2 and 7 road project in Paraguay, the largest private investment in the history of Paraguay. The firm advised Sacyr Concesiones S.L. and Ocho A S.A., as sponsors, Rutas del Este S.A., as borrower, and Rutas 2 and 7 Finance Ltd., as issuer, in the financing for the design, construction, operation and maintenance of the project.
"LatinFinance's recognition caps an extraordinary year of both achievement and recognition for White & Case's Latin America team which completely reflects our unique strength across all key industries and jurisdictions," said Carlos Viana (Miami), head of White & Case's Global Latin America Interest Group.