Martin Menski

Partner, Washington, DC

Biography

Overview

Martin is a Partner in the Energy, Infrastructure, Project and Asset Finance Practice based in the Washington D.C. office. 

As a projects lawyer, he has advised on the development and financing of some of the world's market-leading, award-winning projects, and covers the power, mining, LNG, oil & gas and infrastructure sectors in Latin America, Africa, Asia and the United States.

Martin has extensive experience in advising sponsors, developers, funds, governments, lenders, multilaterals, development banks and export credit agencies on both project and financing documents. He has developed financing solutions for multilateral institutional clients such as the "B-Bond" of IDB Invest (formerly the Inter-American Development Bank), a product that enables the mobilization of funding from bond investors under IDB's protective umbrella for projects in the Latin American and Caribbean markets.

Bars and Courts
New York State Bar
District of Columbia Bar
England and Wales
Education
Master of Laws
Georgetown University Law Center
PhD
King's College London
BA
School of Oriental and African Studies
University of London
Languages
English
French
German
Hindi
Portuguese
Spanish

Experience

Representative experience includes advising:

Power

  • NRG Energy Inc, as initial sponsor and developer on the project financing of the Canal 3 Development Project, an approximately 333 MW dual fuel simple-cycle power generation facility to be located in Sandwich, Massachusetts*
  • Alto Maipo SpA, a subsidiary of The AES Corporation, on its second restructuring of a 531 MW hydroelectric project in Chile Latin American Refinancing Deal of the Year 2018 – IJ Global Awards*
  • AELA Energía, a joint-venture between Actis and Mainstream, on the development and financing of the US$600 million portfolio of wind farm projects in Chile comprising the 170 MW Sarco wind farm project in the Atacama region of northern Chile, the 129 MW Aurora wind farm project in Los Lagos, and the 33 MW Cuel wind farm project Latin American Renewable Deal of the Year 2017 - Project Finance International Magazine; Latin American Onshore Wind Deal of the Year 2017 – IJ Global Awards*
  • A consortium of bridge lenders on the financing, long-term financing (aborted) and subsequent restructuring of loans to the Norte III gas-fired power plant in Mexico Latin American Power Deal of the Year 2017 – Project Finance International Magazine*
  • IDB Invest in respect of the US$135,800,000 B-bond financing (private placement) for Invenergy in the development of the Campo Palomas wind farm, Uruguay Project Finance Deal of the Year 2017 - Bonds & Loans Latin American Deal Awards*
  • Sumitomo Corporation Banking Corporation, Nafin (Nacional Financiera Sociedad Nacional de Crédito, Institución de Banca de Desarrollo) and The Korea Development Bank on the financing of the approximately 130 MW La Bufa wind farm, including transmission line and other interconnection facilities, in Zacatecas, Mexico, to be developed by the sponsors Mexico Power Group and First Reserve* 
  • IFC, IDB and local senior lenders in respect of the senior loan and IDB’s first "B-Bond" financing for the US$1.4 billion hydroelectric plant with an anticipated total installed capacity of approximately 305.5 MW to be located on the Reventazón River in Costa Rica. Best Infrastructure Financing: Central America 2014 – Latin Finance*
  • IDB, commercial banks and COFIDE in relation to financing the US$1.2 billion Chaglla hydropower power project, Peru –Americas Renewable Deal of the Year 2013 – Project Finance International Magazine, Latin American Power Deal of the Year 2013 - Project Finance Magazine, Power Deal of the Year 2013 – Infrastructure Journal, Project Finance Deal of the Year 2013 – Latin Lawyer, Deal of the Year 2013 – Trade Finance, Best Infrastructure Financing: Andes – Latin Finance, Best Renewable Energy Financing - Latin Finance, Best Power Financing – Latin Finance*
  • Confidential sponsor on LNG-to-power projects in Burkina Faso and Ghana*
  • OPIC on the development of, and US$200 million financing to Kipeto Energy Limited to construct and operate a wind power generation project with a capacity of 100 MW in Kajiado, Kenya*
  • Nedbank, Euler Hermes and Absa Capital on the financing for an approximately 100 MW wind farm project in South Africa, which is to be developed by Dorper Development (Proprietary) Ltd and Sumitomo Corporation –Africa Renewables Deal of the Year 2012 – Project Finance Magazine *
  • InfraCo, FinnFund and the sponsor group in relation to the development and financing by the European Investment Bank and the African Development Bank of four independent onshore wind farms, connected distribution network connections and related facilities in the Republic of Cape Verde –Best Renewable Project in Africa 2011 - Africa Energy Awards.  The Cape Verde based project was singled out for being the first commercial scale Public Private Partnership (PPP) wind farm in Sub-Saharan Africa* 
  • ABSA Capital, Barclays Capital and Development Bank of Southern Africa as mandated lead arrangers in relation to an approximately R650 million ECA-supported facility to Caledon Wind Energy Trading (Pty) Limited, the Borrower, in relation to a 51MW wind power plant development at the Theewaterskloof Municipality, Western Cape, South Africa* 
  • The Standard Bank of South Africa Ltd on the financing of 2 solar photovoltaic power projects namely Ritchie (75 MW) and De Aar (75 MW) situated in the Northern Cape province of South Africa to be developed by Solar Capital (Proprietary) Limited* 
  • Standard Bank of South Africa Limited and Industrial Development Corporation on the financing of a portfolio of 3 Wind Farms Dassiesklip (25-45MW), Excelsior (34-50MW) and Kannikwa Vlakte (80-120MW) situated in the Western Cape, sponsored by Biotherm Energy (Pty) Ltd* 
  • Korean consortium of sponsors (Korea South East Power Co., Daelim Industrial Co, Kyeryong Construction Industrial Co.) on the development and financing of the 261 MW Upper Trishuli 1 hydropower project in Nepal, including advice with respect to the approx. US$400 million debt financing to be provided by development finance institutions and a syndicate of commercial banks backed by the Korea Trade Insurance Corporation (K-Sure)*

LNG and Oil and Gas 

  • Jordan Cove on the project financing of a US$10 billion export LNG facility in Oregon*
  • Driftwood Holdings and Tellurian, Inc. on the equity financing arrangements for a US$30 billion export LNG facility in Louisiana*
  • Confidential sponsor on an approximately US$700 million holdco financing and US$300 million borrowing base facility for the development of oil and gas assets in Texas*
  • Confidential sponsor on the development and financing of up to 6 liquefaction plants at a project cost of approx. US$360 million in Mexico*
  • Sponsors and borrowers, affiliates of The AES Corporation and Inversiones Bahía, with respect to project financing matters on the Colón LNG-to-power project, the largest combined-cycle power generation facility and first LNG import terminal in Panama*
  • IDB and JBIC on the financing of an approximately US$1.1 billion integrated onshore and offshore regasification project in Uruguay, including construction of a breakwater and jetty being developed by GDF and Marubeni, and of a floating storage regasification unit (FSRU), which was to be largest in the world at the time, sponsored by Mitsui*
  • Peru's largest state-owned company, Petróleos del Perú - Petroperú S.A., as issuer, in its first-ever international bond offering of nearly US$2 billion to finance a modernization project related to its Talara Refinery (Refinería de Talara) Quasi-Sovereign Bond Deal of the Year 2017 – Latin Finance; Latin America Downstream Oil & Gas Deal of the Year 2017 – IJ Global Awards*
  • Royal Dutch Shell plc on its acquisition of part of Repsol S.A.´s LNG portfolio outside of North America for a cash consideration of US$4.4 billion. The transaction includes plant capacity and supply positions in Peru and Trinidad and Tobago, a 25 per cent stake in a power plant in Spain and a material LNG marketing and trading operation*
  • Confidential sponsor on the development and financing of a US$600 million liquefaction plant in Nigeria and related gas to power projects in Nigeria, Burkina Faso and the surrounding ECOWAS region*
  • IFC on its equity investment as a joint venture partner (with Sasol Petroleum Temane Limitada and Companhia Mocambicana de Hidrocarbonetos SARL) in the development of oil and gas operations relating to the Pande and Temane Field Reservoirs (offshore Mozambique) and associated tolling and processing and sales arrangements*
  • IFC, AfDB, Standard Chartered Bank and various commercial banks on the initial USD825 million and then subsequent US$1.3 billion reserve-based lending facility to the Kosmos Group for financing offshore oil production in Ghana’s Jubilee Fields development and certain other offshore assets in West Africa*
  • Standard Chartered Bank and senior lenders on certain intercreditor and security issues in respect of a junior working capital facility to be provided by First Bank of Nigeria Limited to Seven Energy with respect to certain oil –related assets in Nigeria*
  • Lenders and ECAs in relation to the development and financing of Phase I of the Nord Stream pipeline project*

Infrastructure

  • Sponsor consortium with respect to project development and financing of the US$5.3 billion Metro de Lima y Callao Line 2 project in Peru – Americas P3 Deal of the Year 2015 – Project Finance International, Latin America Multisourced Financing Deal of the Year 2015 – IJGlobal, Project Finance Deal of the Year 2016 – IFLR, Americas Deal of the Year 2015 – Trade Finance*
  • Banco Santander in the US$200 million financing of the Longitudinal de la Sierra – Tramo 2 toll road in Peru*
  • IDB, Proparco and Banco BNH on the financing of the Viadom toll road project in the Dominican Republic*
  • Sponsor in Angola on the acquisition of a telecommunications company in Cape Verde*
  • Eredene Capital LLC in relation to the project financing of the Ennore port facility in Tamil Nadu, India*
  • OPIC as sole lender on financing and security arrangements for the seawater desalinisation plant located in El Hamma, Algiers, Algeria*
  • Standard Chartered Bank on the financing of aircraft purchased by Biman Bangladesh Airlines in Bangladesh*

Mining

  • Standard Chartered Bank on the financing of various mining operations of London Mining PLC including in Sierra Leone, Chile and Greenland, and subsequent restructuring of financing package*
  • Prospective lenders on the financing of a US$2.8 billion integrated alumina mine and refinery and infrastructure project in the Republic of Guinea*
  • Vale in relation to its development of the Simandou Iron Ore mine in Liberia*
  • Confidential lender in relation to the financing of the acquisition by Sesa Goa Limited, a subsidiary of Vedanta, an Indian company, of certain iron ore assets in Liberia*

*Matters prior to White & Case.