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Armando Rivera Jacobo

Partner, Washington, DC

Biography

Armando Rivera Jacobo is a partner based in White & Case's Washington, DC office. He is a member of the firm's Global Project Development and Finance Group. Armando's practice focuses on infrastructure (including public-private partnerships, large scale manufacturing, metals and mineral and energy) project financing transactions. He has also participated in infrastructure strategic transactions, including mergers and acquisitions and joint ventures.

Armando has represented sponsors, lenders and equity investors in the development, construction, acquisition, financing and operation of surface, marine and air transportation projects, natural gas transportation and storage systems, natural gas fired combined cycle power plants and renewable power projects, both in the United States and internationally, primarily in Latin America.

Experience

Representation of US Department of Energy's (DOE) Office of Energy Dominance Financing (EDF) under the DOE's Title XVII Energy Financing Program on the signing of a landmark loan facility of up to US$1.9 billion for NextEra's Duane Arnold Energy Center, a 615 MW nuclear power plant in Linn County, Iowa.

Representation of DOE on its Title XVII US$1.25 billion loan guarantee to EVgo to support the ownership, operation and maintenance of public electric vehicle charging stalls across 1,500 sites at existing retail and other high traffic locations in the United States.

Representation of DOE on an US$6.57 billion financing to Rivian for the construction of its EV manufacturing facility in Georgia.

Representation of EIG Global Energy Partners, LLC ("EIG"), a leading institutional investor in the global energy and infrastructure sectors, in connection with the $675,000,000 Term Loan Facility and $63,000,000 LC issuance (the "Financing") relating to EIG's acquisition of a 49.87% stake in Transportadora de Gas del Peru S.A. ("TGP Acquisition"), Peru's main natural gas and natural gas liquids pipeline operator, which supplies approximately 40% of the country's power generation, from Canada Pension Plan Investment Board.

Representation of EIG Global Energy Partners and Fluxys on the financing of the US$1.16 billion joint acquisition of an 80 percent equity stake in the largest LNG regasification terminal in Chile.

Representation of Zemobility Latin America, S.L.U., a portfolio company of Aberdeen and DigitalBridge, in the negotiation and closing of a bridge holdco credit facility for the acquisition of Vitol's VGMobility business of electric bus public and private ground transportation systems.

Representation of Zemobility, as sponsor, in the financing of the purchase of a fleet of 114 electric buses and their related accessories for use in the provision of passenger public transportation services in Santiago, Chile.

Representation of a group of 13 commercial bank lenders in connection with the US$3.4 billion non-recourse senior secured financing for the redevelopment of Terminals 6 and 7 at JFK International Airport. The financing deployed a novel multi-source debt financing structure, comprising a combination of taxable commercial bank loans alongside tax-exempt bonds. Awarded "North America Transport: Airport Deal of the Year" by IJGlobal 2022.

Representation of lenders to I Squared Capital, an independent global infrastructure investment firm, in relation to the US$2.15 billion acquisition of GTT Communications infrastructure division consisting of GTT's business and activities of providing Pan-European, North American, sub-sea and trans-Atlantic fibre network and data centre infrastructure services to customers

Representation of Seven Seas Water Corporation and its affiliates in its term loan facility, and the refinancing thereof, for the recapitalization of the group following its acquisition by a fund managed by Morgan Stanley Infrastructure Inc., and the financing of Seven Seas Water acquisition of Sembcorp's water treatment project in Panama.

Representation of the terminal operator and one-third equity sponsor in the LaGuardia Airport Central Terminal Reconstruction Project, which is being designed, built, operated and financed under a long-term P3 agreement with the Port Authority of New York and New Jersey. Prior to this representation, Armando was part of the team that acted as sponsors' counsel for another consortium that was shortlisted for this project.*

Representation of Financial Security Assurance (FSA) in its financial guarantee of a project bond financing for the Chicago Skyway toll bridge system, involving the issuance by Skyway Concession Company of $1.4 billion of senior secured floating rate bonds insured by FSA. This innovative financing included interest rate hedging transactions in which FSA insured the issuer's obligations to Citibank and Goldman Sachs Capital Markets as swap counterparties.*

*All matters prior to joining White & Case

Professional Highlights

District of Columbia
New York
Authorized to practice law in Mexico
LLB
Escuela Libre de Derecho
Master of Laws
Katholieke Universiteit Leuven

Faculty of Laws

Master of Laws
Columbia Law School
English
Spanish

Service areas