Joan Martinez

Associate, New York



Joan Martinez is an associate in the Asset Finance group and the Project Development and Finance group. Her practice involves a range of asset finance, project finance and other corporate transactions. Joan advises export credit agencies, financial institutions, leasing companies and airlines on the financing, leasing and sale and purchase of aircraft. She also advises lenders, borrowers and project sponsors on the development and financing of major energy and infrastructure projects. Joan has worked on secondment with the Firm's Tokyo office and with Carlyle Aviation Partners.

Bars and Courts
New York
University of Michigan Law School
University of Virginia


Her experience includes working on matters for:

  • Deutsche Bank AG New York Branch and ING Capital LLC as lenders in connection with the US$180 million financing of a fully integrated liquefaction and bunkering operations in Jacksonville, Florida.
  • Broad Reach Power LLC in the US$435 million financing of its energy infrastructure and storage facilities in California and Texas.
  • Chirisa Investments in the US$200 million financing with respect to its 242,000 sq. ft. data center located in Richmond, Virginia.
  • Jupiter Aviation 1 LLC, an affiliate of BBAM Aircraft Management LP, as borrower in connection with the financing by First Abu Dhabi Bank PJSC of three vintage Boeing aircraft leased to Emirates.
  • Grupo Aeroméxico S.A.B. de C.V. as special aviation counsel in connection with its U.S. Chapter 11 bankruptcy proceedings, including the restructuring of its leased aircraft fleet.
  • Seven Seas Water Corporation in the US$205 million refinancing of its credit facilities with respect to its water and wastewater treatment plants located in the Caribbean, Central America and South America.
  • Representation of funds managed by Ares Management Corporation in the formation of Vmo Aircraft Leasing L.P., a newly formed company to acquire and lease commercial aircraft.
  • The lenders, which include export credit agencies, a multilateral development finance institution and commercial banks, in connection with the US$20 billion project financing of a LNG facility in Mozambique. This is one of two major LNG projects under development in Mozambique and the first-of-its kind on the east coast of Africa.
  • MUFG Bank Ltd. as facility agent and lender in connection with a Japanese operating lease with call option (JOLCO) financing for LATAM Airlines Group S.A. in respect of eight vintage Airbus aircraft.
  • Société Générale, Tokyo Branch as facility agent and lender in connection with the JOLCO financings of two Boeing aircraft leased to a Chinese lessor and subleased to KLM Royal Dutch Airlines.
  • Calpine Corporation in the US$250 million refinancing of its credit facilities with respect to the Otay Mesa Energy Center, a nominal approximately 600 MW natural gas-fired power generation facility located in San Diego County, California.
  • Banco Nacional de Desenvolimento Economico e Social (BNDES) as lender in connection with the US$700 million financing of 35 Embraer aircraft acquired by SkyWest Airlines, Inc.
  • ACS Infrastructure Development, Balfour Beatty Investments, Bombardier Transportation, Fluor Corporation and Hochtief PPP Solutions in their bid for and financial close of the Automated People Mover project of the LAX Landside Access Modernization Program. The project involves six rail stations connecting new rental car, airport parking and Metro facilities to the airline terminals, as well as three stations in the Central Terminal Area. The financing consisted of a combined bank bond structure with US$1.2 billion of private activity bonds, which were rated investment grade by Fitch, combined with a US$270 million, five-year construction facility provided by commercial banks.
  • Abu Dhabi Crude Oil Pipeline LLP, a wholly owned subsidiary of Abu Dhabi National Oil Company (ADNOC), on the inaugural issuance of US$3 billion senior secured bonds. The Rule 144A/Regulation S bonds were the first capital markets issuance by the ADNOC group and part of ADNOC's program to monetize its mid-stream assets. The bond issuance was also one of the largest non-sovereign bond issuances in history in the Middle East.
  • Calpine Corporation in its US$17 billion sale to Energy Capital Partners, an energy-focused private equity firm, and a consortium of investors including Access Industries and Canadian Pension Plan Investment Board.
  • ING Capital LLC as loan agent and lender in connection with the aircraft non-payment insurance (ANPI) financings of Boeing aircraft for a Korean airline and a Bermudan aircraft leasing company. The transactions were the first time commercial insurance was used as an alternative to a guarantee from the Export-Import Bank of the United States and the first cargo aircraft to be financed with ANPI Support.