Thomas Pate

Partner, New York

Biography

Thomas is “always responsive and able to fully grasp any concern of the client and knows how to mitigate it” (Legal 500, Banking and Finance).

Overview

Thomas advises sponsors, lenders (including commercial banks, development banks and ECAs) and other investors (including investment banks, funds and institutional investors) in complex, and many times cutting-edge, project and structured finance transactions, PPP transactions and on other financing arrangements in Latin America and the Caribbean. 

Thomas works on the development and financing of infrastructure and energy projects, and recent matters have involved investments in Argentina, Brazil, Colombia, Costa Rica, Chile, Guatemala, Mexico, Panama, Paraguay, Peru, El Salvador, Honduras, Uruguay and Venezuela.

Thomas is a resident of the Firm's New York Office and he receives high praise for his pragmatic solution-oriented approach. Some of the recent transactions that Thomas has led have received industry-wide recognition, including "Structured Bond of the Year" by Bonds & Loans Latin America Awards 2019 and "Latin America Renewables Project Finance Deal of the Year" by Power Finance & Risk and Bonds & Loans 2018.
 

Bars and Courts
New York State Bar
District of Columbia Bar
Florida State Bar
Venezuela
Education
LLM
Harvard Law School
JD
University of Miami School of Law
JD (equivalent)
Universidad Católica Andrés Bello
Languages
English
Spanish

Experience

Ongoing representation of the sponsors in the development of a project to expand and improve a 220 km road in Paraguay. The project is Paraguay’s first public-private partnership (PPP).

Ongoing representation of the sponsors in the development and financing of an LNG-to-power project in El Salvador.

Atlas Renewable Energy in a limited recourse financing for a portfolio of solar projects in Uruguay. The financing took the form of an A/B loan provided by the Inter-American Investment Corporation and the issuance of securities purchased by a group of both senior and subordinated investors in a private placement under Section 4(a)(2) and Regulation D of the Securities Act of 1933 (“B Bond”).

Banco BICE, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Iyo Bank, Ltd. and Nippon Export and Investment Insurance in connection with the financing for a 98 MW PVAc one axis tracker solar photovoltaic power generation plant known as Project Huatacondo, located in the region of Tarapacá, Chile, and its related 10 km 200 kv high tension transmission line.

Corporación Andina de Fomento and DEG – Deutsche Investitions- Und Entwicklungsgesellschaft MBH in connection with financing for a hydroelectric power project in Peru with an installed capacity of 84 MW.

Invenergy LLC in the refinancing of wind projects in Uruguay pursuant to an A/B loan provided by the Inter-American Investment Corporation and the issuance of securities purchased by a group of investors in a private placement under Section 4(a)(2) and Regulation D of the Securities Act of 1933 (“B Bond”).

Concesionaria Vial Sierra Norte S.A., as borrower, in connection with a US$200 million project financing for the development, construction, operation and maintenance of the 875 km toll road project "Longitudinal de La Sierra – Tramo 2".

Banco BICE, CaixaBank, CorpBanca and DNB Group, as lenders, in connection with a long-term project financing for the development of the Laberinto Project, a 146MWp Solar Photovoltaic Plant in Chile.

Terminal Internacional del Sur S.A., as borrower, and Santa Sofia Puertos S.A., as sponsor, in connection with the US$280 million limited-recourse project financing of the expansion of the Matarani Port in the Islay district of Arequipa, Peru.

Awards and Recognition

Chambers and Partners, Chambers Global: Spotlight, Banking & Finance (USA)

Chambers and Partners, Chambers Global: Experts Based Abroad, Banking & Finance