Raquel Szomstein
Raquel Szomstein
Biography
Raquel Szomstein is an associate in the Project Development and Finance Group, based in Washington, DC. Raquel advises on international and domestic project financing transactions and represents lenders, sponsors, export credit agencies, and bilateral and multilateral development finance institutions. Prior to joining White & Case, she held law clerkships with the US Department of Commerce, the White House Council on Environmental Quality, and the US Trade and Development Agency.
Experience
Representation of ATOME PLC on the signing of debt financing documents for a US$420 million total debt package with respect to the US$650 million landmark, 260,000 tons-per-year, green hydrogen-based fertilizer plant at Villeta, Paraguay (Villeta) that will produce calcium ammonia nitrate fertilizer from green hydrogen made from a low, fixed-cost, long-term supply of renewable power and without the need for fossil fuels.
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 T Power SpA, as borrower, T Power Holding SpA, as shareholder, Toesca Infraestructura II Fondo de Inversión, as sponsor, and the project-level subsidiaries, as subsidiary guarantors, on a US$325 million project financing for a greenfield 141 MW/677 MWh battery energy storage system and the associated refinancing of a co-located utility-scale PV solar project with an approximate capacity of 141 MWs and a portfolio of 18 PMGD small-scale solar projects totaling 121.1 MWp in Chile.
Contributor, Data center boom in Latin America calls for accelerating infrastructure investment, White & Case Insights, November 2024