T +52 55 5540 9613
After 14 years of experience in the corporate, energy, infrastructure and project finance fields, in 2014, Daniel E. Sanchez joined the White & Case Americas EIPAF practice in our Mexico City office.
Daniel has advised numerous clients, including multi-national public and private corporations; local corporate groups; private equity funds and financial entities; real estate developers and investors; manufacturers and retailers.
As part of his practice, Daniel has provided legal counseling to both developers and lenders in the design, implementation, collateralization and development of a number of energy and infrastructure projects, as well as cross-border transactions: these projects include power—private developers and IPPs—and oil and gas upstream, midstream and downstream activities.
Daniel has actively participated in government procurement processes with different government entities, instrumentalities and regulatory agencies. He also led, participated in and obtained clearances for a number of high-profile mergers from Mexico's antitrust authority. Daniel is knowledgeable about, and has advised clients on, Mexico's anti-bribery laws, the United States' FCPA, the UK's UKBA and Japan's Unfair Competition Prevention Law.
Daniel led the Mexican team advising Wren House Infrastructure on a multi-jurisdiction transaction comprising US$550 million investment by the Kuwait Investment Authority (KIA) in Global Power Generation (GPG), the company holding all controlling interests in the global electricity generation business of Spanish gas and electricity group Gas Natural Fenosa. Wren House was established in 2013 to manage all KIA infrastructure investments globally. KIA is the world's oldest sovereign wealth fund and is responsible for the management and administration of Kuwait's General Reserve Fund, Future Generation Fund and other funds of the State of Kuwait.
Daniel represented the group of Japanese sponsors in the US$1.25 billion acquisition of the five IPP and natural gas transportation projects' portfolio formerly owned by Gas Natural. The overall acquisition also entailed obtaining a US$750 million financing from development and commercial banks, collateralization of assets, as well as the structuring and implementation of the investment vehicles, while in parallel tracks obtaining all governmental approvals required.
Daniel represented the consortium awarded with the Valladolid III IPP bid for the construction and operation of a 525MW gas-fired, combined cycle power plant in Valladolid, Yucatan, Mexico; he also assisted the project company and the sponsors in the negotiation and closing of the US$195 million JBIC project financing, and further acted as project counsel in the anticipated divestiture of one of the original sponsors, and from the achievement of COD.
Daniel represented a consortium of bidders participating in the international bid published by CFE for the construction and operation of the 500 MMCFD LNG regasification terminal at Manzanillo, Colima, Mexico, and thereafter, represented the senior lenders in the US$750 million financing to the winning consortium integrated by Kogas, Mitsui and Samsung.
Daniel successfully represented a variety of Japanese and Italian investors and developers in the acquisition and development of greenfield and brownfield wind farm power projects in Oaxaca, Mexico, including the assumption of rights and obligations as borrowers and guarantors under structured debt financings with syndicated commercial banks, as well as the obtainment and amendment of all necessary governmental approvals and permits.
Daniel represented and assisted a number of private developers in their own power generation projects, including obtaining the corresponding power permits from the CRE, and negotiation and execution of third-party contractor, procurement and construction agreements.
Represented a major US-based investment fund in the development of a variety of energy efficiency projects in Mexico.
Assisted one of the largest US-based energy investment funds in the acquisition of a majority stake in the Mexican Fermaca group, whose key assets include the Tarahumara and Palmillas-Toluca open-access natural gas transportation systems, in the North and Central regions of Mexico.
Daniel has received, participated in and been a spokesman for different specialized courses and seminars in energy, infrastructure, real estate and intellectual property including IJ Global, Euromoney, Platts and Oil and Gas Review.
He also has been alternate lecturer at Universidad La Salle, A.C. and Universidad Iberoamericana, A.C. law schools.
Daniel co-authored the "Project Finance 2008 - Getting the Deal Through" – Mexico Chapter. - Law Business Research, Ltd. - London, UK., as well as the Mexico Chapter for "The International Comparative Legal Guide to Gas Regulation 2007."- Global Legal Group Limited UK. - London, UK.
Daniel has collaborated with, and is a publishing partner to, the Emerging Markets Private Equity Association (EMPEA) in Washington, D.C., U.S.A.; and Global Business Reports.- Chemical Week; Oil & Gas - in Singapore.
Daniel is also an active collaborator with, and regularly provided his insights to, Bloomberg and the Agence-France press agencies.