Carlos Viana

Partner, Miami

Biography

Carlos Viana is an award-winning project, acquisition and structured finance lawyer. Carlos heads the Firm’s Latin America Interest Group.

Overview

Carlos heads White & Case's 300-lawyer-strong global Latin America Interest Group. His current practice focuses on energy and infrastructure investments, while maintaining a longstanding broad, full-cycle finance practice.

Market-leading sponsors, including developers, owner-operators and fund investors, look to Carlos for advice on the acquisition, development, financing and sale of major infrastructure, natural resources, industrial and energy projects and portfolios across Latin America. Carlos also guides many of the world's leading financial institutions in all matters relating to project finance, corporate and acquisition finance and structured trade and export finance. He has represented the lead lenders, or the credit parties, in syndicated and other secured and unsecured credit facilities and capital markets offerings involving Latin American projects or corporates with a combined value of more than US$75 billion.

Carlos' practice team finished #1 in the Inframation, IJGlobal and Mergermarket league tables for each of project finance, renewables and M&A in Latin America for 2019. Carlos is ranked Band 1 for Projects in Chambers Latin America, is a "Leading Lawyer" for Projects & Energy and Banking & Finance in The Legal 500 Latin America, and is ranked a "Highly Regarded" lawyer in the IFLR1000.

Carlos has market-leading experience in ground-breaking and complex projects, financings and M&A involving Chile, Mexico, Peru, Argentina, Colombia, Uruguay, Paraguay and/or Central America. He has recently led major transactions in those markets for Invenergy, ISquared/Inkia Energy, Sumitomo Mitsui Banking Corporation, Sacyr, Atlas Renewable Energy, Neoen, Arroyo Energy, Cubico Sustainable Investments, Santander, MUFG, Mizuho Bank, Natixis, DnB Nor, JPMorgan, Citibank-Banamex, The Bank of Nova Scotia, HSBC, Credit Agricole, BNP Paribas, BBVA, Societe Generale, Pan-American Energy, Credicorp/Banco de Credito del Peru, Grupo Romero, Central Puerto, Genneia, Celsia, Millicom, Telefonica, Isagen, Corporacion Andina de Fomento (CAF), Central American Bank for Economic Intergration (CABEI), Akuo Energy, EIG, Braskem, Standard Chartered Bank and Wells Fargo Bank. In addition to being the leading counsel in international financings for over 20 Latin American financial institutions across the region, he has represented the lenders to various other top Latin American corporates such as Colbun, AES Gener, Vale, Celulosa Arauco, Iberdrola, CFE, Grupo Cementos de Chihuahua and Interceramic.

Bars and Courts
Florida State Bar
New York State Bar
Education
JD
Yale Law School
BA
Yale University

magna cum laude

Languages
English
Spanish

Experience

As part of his focus on energy and infrastructure, Carlos has represented:

  • Trabajos Marítimos S.A. ("Tramarsa") and its subsidiaries in:
    • the limited recourse project financing provided by various international commercial banks for the expansion of the Salaverry Multipurpose Port in Peru;
    • the non-recourse project financing of the expansion of the Matarani Port in Peru, provided by a group of top-tier international commercial banks; this transaction was selected as "Best Port Financing Deal of the Year" by LatinFinance and "Latin American Transport Deal of the Year" by IJGlobal; and
    • the private placement of US$ notes with US investors.
  • Invenergy and its subsidiaries in:
    • the development, construction and financing of a 378 MW power plant in El Salvador and its related floating gas regasification and underwater tunnel and transmission line infrastructure;
    • the acquisition and concurrent project financing for the 70 MW Campo Palomas wind farm in Uruguay; and the subsequent IDB B-bond refinancing of the project;
    • the IDB B-Bond refinancing of the 50 MW La Jacinta solar project in Uruguay;
    • the formation of a strategic partnership with Empresas Públicas de Medellín to develop, build and operate nearly 500 MW of large-scale wind and solar energy projects in Colombia;
    • the project development and limited recourse financing of its 689 MW simple cycle power generation facilities located in Nuevo León, Mexico;
    • the project financing of their natural gas fired tri-generation power generation facility located in Tamaulipas, Mexico; and
    • the development and sale of the Fenicias 168 MW wind farm in Mexico to Grupo México.
  • Sacyr Concesiones and its affiliates in:
    • the project financing of the 2 and 7 Road Project in Paraguay [insert description]; the largest private investment in the history of Paraguay to date and Paraguay's first internationally financed public-private partnership; and
    • the project financing for the 875 km Longitudinal de La Sierra – Tramo 2 in Peru.
  • The senior lenders in the senior guaranteed bridge financing and the follow-on non-recourse refinancing for the 900 MW natural gas-fired combined cycle power project developed by Techgen, S.A. de C.V. in Nuevo Léon, Mexico. Argentina-based Ternium, Tenaris and Tecpetrol are the sponsors.
  • The senior lenders set forth below in connection with the project financing of the following projects developed by Genneia S.A. in Argentina under the RenovAr program:
    • KfW IPEX in the project financing of the Chubut Norte III and IV wind farms;
    • Nederlandse Financerings-Maatschappij Voor Ontwikkelinslanden N.V. ("FMO") and EKF Denmark's Export Credit Agency ("EKF") in connection with the Necochea wind farm; and
    • CAF, EKF, FMO and SMBC in connection with the portfolio financing of the Villalonga and Chubut Norte I and II wind farms.
  • Central Puerto S.A. and its subsidiaries in the international financing of the following projects in Argentina:
    • the 100 MW La Castellana wind farm, funded by the Inter-American Development Bank and the International Finance Corporation ("IFC");
    • the 48 MW Achiras wind farm and the 57 MW Achiras II wind farm, both funded by the IFC; and
    • a cogeneration plant funded by KfW IPEX.
  • Akuo Energy in the project financing of the 50 MW Pecasa project in the Dominican Republic provided by the IFC and comprised by the FMO, the IFC-Canada Climate Change, Proparco and DEG.
  • Banco BICE, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Iyo Bank, Ltd. and Nippon Export and Investment Insurance in the non-recourse project financing for a 98 MW PVac one axis tracker Huatacondo solar photovoltaic plant and its related 10km 200kv high tension transmission line, located in the region of Tarapacá, Chile.
  • Chilean and international commercial banks as senior lenders, and Prudential, as initial fixed-rate note purchaser in the project financing of a 600km transmission line and related substations in Chile that will connect the Sistema Interconectado Central and the Sistema Interconectado del Norte Grande of Chile, which will unify most of the country's power grid. This deal was recognized as "Latin America Transmission Deal of the Year" by IJGlobal and "Latin America Power Deal of the Year" by Project Finance International.
  • Empresa de Transporte de Pasajeros Metro S.A. (Metro), the state-owned owner and operator of the subway system in Santiago, Chile, in the US$1.3 billion agency, bank and bond financing for the construction of new subway lines and improvements on existing lines. The project represents the most significant infrastructure expansion effort in Chile since the inauguration of the Santiago subway. This project was awarded "Best Transport Financing Deal of the Year" by LatinFinance.
  • Braskem Idesa S.A.P.I. in the development, procurement, construction and project financing of its US$4.5 billion Etileno XXI integrated petrochemicals project in Veracruz, Mexico. The project was the largest private investment in a single project in the history of Mexico. The project has won "Overall Latin American Deal of the Year" and "Latin American Petrochemicals Deal of the Year" by Project Finance; "Americas Petrochemical Deal of the Year" by Project Finance International; "Project Finance Deal of the Year" by Latin Lawyer; "Deal of the Year" by Trade Finance; and Commended Latin America Finance by Financial Times US Innovative Lawyers Award.
Speaking Engagements

2004–2019: Annual Latin America Syndicated Loans Conference, Panelist and Moderator

2012–2020: Annual Latin American Energy & Infrastructure Finance Forum, Panelist and Moderator

2013: Annual Peruvian Energy & Infrastructure Finance Forum, Panelist

2013–2014: Mining and Investment Latin America Summit, Panelist and Moderator

Publications

Acquisition Finance in Latin America: Navigating Diverse Legal Complexities in the Region, International Comparative Legal Guide to: Lending & Secured Finance, 2018, (co-authored with Sabrena Silver)

Mexican Energy Sector Overhaul: Long-Awaited Energy Reform on the Table President Peña Nieto Unveils Reform Proposal, White & Case Client Alert, August 2014

Awards and Recognition

Highly Regarded: Project Development and Finance
IFLR1000, 2020

Leading Lawyer: Projects – Latin America-wide, Chambers Global and Chambers Latin America, 2009–2020

Leading Lawyer: Banking & Finance – Latin America-wide, Chambers Global and Chambers Latin America, 2009–2020

Leading Lawyer: Banking & Finance – Latin America: International Firms, The Legal 500 Latin America, 2012–2019

Leading Lawyer: Projects & Energy – Latin-America: International Firms, The Legal 500 Latin America, 2012–2019

Leading Lawyer: Project Finance, Who's Who Legal, 2012–2019