White & Case wins “Sustainable Infrastructure Law Firm of the Year” and three LatinFinance “Deal of the Year” awards

Global law firm White & Case LLP was named "Sustainable Infrastructure Law Firm of the Year" at LatinFinance's 2025 Project & Infrastructure Finance Awards, held in New York City on October 2.

This "House Award" honors the Firm's "extensive recognition in this year's awards program," in which three of our matters were singled out as deals of the year. They are:

• Bond of the Year: Chile Electricity Lux MPC II A/B Bond

  White & Case advised renewable power generators in Chile on purchase and sale facilities that allowed them to sell certain receivables created under Chile's MPC Act, which stabilizes electricity tariffs. IDB Invest, the buyer, financed its purchase through a combination of A/B bonds valued between US$1.8 billion and US$2.4 billion. Goldman Sachs, J.P. Morgan and Itaú BBA acted as joint bookrunners.

• Power Financing of the Year: Portocem Power Project Financing

  White & Case advised lead arranger Banco Nacional de Desenvolvimento Econômico e Social and other financiers on the New York law-governed R$4.5 billion public offering of secured debentures by Portocem, a Brazilian subsidiary of New Fortress Energy. The proceeds of the financing will be used to implement UTE PORTOCEM I, a natural gas-fired simple cycle thermoelectric plant with approximately 1,572 MW of installed capacity, located in the municipality of Barcarena, state of Pará. The transaction represents a significant milestone for Brazilian project financing, standing as the largest debenture issuance for an LNG-to-power project in the history of Brazil's capital markets.

• Energy Storage Financing of the Year: Estepa I & II Financing

  White & Case advised Atlas Energía Holding SpA in a US$510 million financing of a 215 MW solar PV and two battery energy storage projects in Antofagasta, Chile. This is Atlas' largest financing, which involved BNP Paribas, Crédit Agricole, DNB Bank, Scotiabank Chile, Sumitomo Mitsui Banking Corporation and the Bank of Nova Scotia as lenders. The Estepa project, expected to operate by late 2026, includes long-term PPAs with Codelco and Colbun.

  Sean Goldstein, partner and Americas Regional Section Head of Project Finance, Energy and Infrastructure, said: "We are honored to receive this recognition from LatinFinance and are grateful for the opportunity to work on transformative projects that not only advance our clients' goals but also contribute to the global transition to renewable energy. Thank you to our clients and team for another great recognition."