Valentina Castillo

Associate, Washington, DC

Biography

Overview

Valentina is an associate in the Energy, Infrastructure, Project and Asset Finance Practice. She regularly represents commercial banks, multilateral organizations and borrowers in project financing, structured financing and acquisition financing transactions.

Prior to joining White & Case, Valentina worked on the Banking and Finance team of an international law firm including in their Latin American & Caribbean and Global Projects groups. She has recently been involved in project development and financing matters across Uruguay, Chile, Panama, El Salvador and the Dominican Republic.

Valentina is admitted to practice law in New York and Washington DC, and is fluent in Spanish.

Bars and Courts
New York State Bar
District of Columbia Bar
Education
JD
Georgetown University Law Center
BA
Columbia University
Languages
English
Spanish

Experience

Among others, Valentina has represented:

The noteholders on the private placement of senior and subordinated notes totalling approximately $109 million. The proceeds of these notes were applied to fund a B loan participation through Inter-American Investment Corporation (IIC) to refinance two solar plants in Uruguay. This transaction was named 2018 Structured Bond Deal of the Year by Bonds & Loans Latin America.*

The Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking Corporation and Natixis, New York Branch in a $135 million loan for the refinancing and expansion of a thermal power plant in Chile.*

The noteholders on the private placement of senior notes in the amount of $135 million. The proceeds of these notes were applied to fund a B loan participation through IIC to refinance a solar project in Uruguay. This was the third B-bond structure used by IIC and the first in the solar sector.* 

The noteholders on the private placement of senior notes in the amount of $135.8 million. The proceeds of these notes were applied to fund a B loan participation through IIC to refinance a wind farm in Uruguay. This was only the second B-bond structured used by IIC. The transaction was named 2017 Project Finance Deal of the Year by Bonds & Loans Latin America.*

Overseas Private Investment Corporation in connection with three direct loans totalling $33.6 million to finance the construction and operation of three solar projects in Panama.*

Interchile S.A. as borrower on a senior secured loan arranged by international banks and a VAT facility arranged by Chilean banks. The project comprises the design, construction, development, ownership and operation of several transmission lines in the Central Interconnected Grid (SIC) and the Northern Interconnected Grid (SING) of Chile and has a publicly reported estimated project cost of US$1.3 billion. This transaction was named Best Power Deal 2016 by LatinFinance.*

Overseas Private Investment Corporation (OPIC) in connection with an up to $15 million direct loan for distribution of rooftop solar panel kits to customers in Nigeria.*

Corpbanca, New York Branch, Inter-American Development Bank and OPIC, as lenders, on the $155 million financing for the 72.8 MWp solar plant in Chile.*

International Finance Corporation (IFC) and OPIC, as lenders, on the $100.4 million financing for the 50.67 MWp solar plant in Chile.* 

IFC and OPIC, as lenders, on the $211.5 million financing for the 100.85 MWp solar plant in Chile.*

The arrangers, lenders and administrative agent in connection with a $223 million loan to finance the acquisition by Promerica Financial Corporation of Citibank’s Guatemalan banking operations and secured by assets in Ecuador, Honduras, Panama, Guatemala and the Dominican Republic.*

The arranger and lenders in connection with the initial $100 million loan secured by credit card merchant voucher receivables originated by Banco del Pacifico S.A. in Ecuador.*

The arrangers and lenders, including FMO, in connection with $150 million in loans secured by diversified payment rights originated by Banco Davivienda Salvadoreño.*

The lender in a $100 million loan that was backed by diversified payment rights originated by a bank in El Salvador.*

*Experience prior to joining White & Case