The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Latham & Watkins LLP

Veronica Relea

Work +1.212.906.1200
Latham & Watkins LLP


Veronica Relea is a partner in the Finance Department of the New York office of Latham & Watkins. Her practice focuses on representing commercial and investment banks, sponsors, developers and private equity firms in connection with the development, construction, operation and financing of energy, oil and gas and infrastructure projects (including LNG projects, fuel storage facilities, renewable energy assets and mining assets). She also has extensive experience in leveraged finance transactions, including acquisition financings, asset-based facilities, private equity transactions, mezzanine facilities and cross-border financings. Ms. Relea is also a member of the firm’s Latin America, Banking and Special Situations Practices.

Latin America: International firms

Banking and finance

Within: Next generation lawyers

Veronica Relea - Latham & Watkins LLP

Within: Banking and finance

Latham & Watkins LLP is a big name in energy and infrastructure deals and has seen growth in leveraged and commodity finance; and as a consequence of its growing activities in the region it has an increasing number of fee earners involved in Latin America financings. The Latin America team has seen an uptick in sponsor and borrower engagements, although it remains primarily active on behalf of lenders in the leveraged finance segment –the latter being a key strength of the firm around the world. The group is especially active in Mexico, where it is at the heart of the energy sector liberalisation process, and in Chile, Colombia and Brazil. Clients include Barclays, Citigroup, Credit Agricole, First Reserve, Goldman Sachs, ICE Canyon, IDB, Linzor Capital, Norddeutsche Landesbank, Sumitomo Mitsui Banking Corporation and UBS. Highlights include advising First Reserve on a multi-tranche financing for the acquisition and subsequent leaseback by Pemex Transformacion Industrial, of the ultra-low sulphur gasoline assets attached to its refinery in Madero, Mexico. It also advised ICE Canyon and Pine River as lenders on the restructuring of a secured credit facility to independent oil and gas field developer Petra Energia. In addition, it advised Fermaca Global on the project financing of the 378km Villa de Reyes–Aguascalientes–Guadalajara and the 450km La Laguna-Aguascalientes natural gas pipelines, in Mexico. Christopher Cross is a prominent name in project financings in the oil and gas sector, principally in Mexico. Veronica Relea made partner in 2016 and is an emerging name in project finance and acquisition finance. Co-chairs of the Latin America practice Antonio Del Pino and Sony Ben-Moshe (who is based in San Diego), are also pivotal members of the team, as are Washington DC partner David Penna and Washington DC counsel Luis Torres. Renewable energy and infrastructure expert John Sachs has retired as a partner but remains of counsel to the firm. All named individuals are New York based unless stated otherwise.

[back to top]

Projects and energy

Within: Projects and energy

Latham & Watkins LLPcompares favourably’ to other firms thanks to its ‘all-round excellent service’, ‘timely and high-quality advice’, ‘friendly manner’ and ‘ability to manage large transactions’. The firm has top global credentials in the energy sector and has a particularly strong record in oil and gas and power in Latin America; Mexico and Chile are its primary markets. In Mexico, the firm has advised a number of major sponsors on oil-and-gas pipeline projects. The team’s clients include Andes Mining & Energy, Arclight Capital, Ecopetrol, First Reserve, Fermaca Global, IDB, Norddeutsche Landesbank, Repsol, Sempra Energy (and its Mexican subsidiary IEnova), and Sumitomo Mitsui Banking Corporation. 2016 saw the firm continue ongoing advice to Fermaca Global on the $425m project financing of the 378km Villa de Reyes–Aguascalientes–Guadalajara gas pipeline, and on the $622m project financing of the 450km La Laguna-Aguascalientes natural gas pipeline; the financings for each pipeline project were undertaken concurrently. Other highlight transactions include advising Spain’s Repsol on the $1.2bn financing for the expansion of the Petroquiriquire oil-and-gas fields, which are operated by Petroquiriquire, a mixed company (empresa mixta) co-owned by Repsol and Venezuelan state oil-and-gas entity, PDVSA. Christopher Cross is co-chair of the energy, oil and gas industry group and has a fine record in Mexico’s oil-and-gas sector, particularly in relation to pipelines. Washington DC’s David Penna was a lead partner on the previously mentioned Fermaca Global pipelines transactions in Mexico and is an increasingly pivotal member of the Latin America practice. Co-head of the Latin America team Antonio Del Pino is another key figure with impressive sponsor-side relationships. Former Washington DC partner John Sachs has retired; but Spanish and Portuguese speaker Veronica Relea was promoted to partner in 2016 and is a key figure in energy, oil-and-gas, and infrastructure projects. Washington DC counsel Luis Torres is also recommended. All partners are based in New York unless stated otherwise.

[back to top]

Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New Legislation Reduces Maximum Weekly Working Hours in Korea

    *For better understanding of this article with other graphics , we highly recommend you to visit our firm's website as below.
  • Supreme Court Renders Decision Calling for “Gender Sensitivity” in Sexual Harassment Cases

    Amid the widespread attention that sexual harassment/violence in the workplace has received due to international movements such as the “Me Too” movement, the Supreme Court of Korea has recently rendered a significant decision on the need to reform the judicial system’s approach to sexual harassment cases.
  • Geographical Indications Of Origin In Serbia: Where The Past Fuels The Future

    This article was written by Dragomir Kojić, Partner ⃰, and Tamara Bubalo, Associate ⃰, and was originally published in Issue 5.2 of the CEE Legal Matters Magazine. To see the original article, please follow this link.
  • Striving Towards the Black Gold

    This article was written by Petar Mitrović, Partner ⃰, and Nikolina Kažić, Associate ⃰, and was originally published in Issue 5.2 of the CEE Legal Matters Magazine To see the original article, please follow this
  • Montenegro To Publish A Tender For A 200 MW Solar Power Plant

    The Montenegrin Government plans to publish a tender for the lease of state land for the purpose of constructing a solar power plant in the municipality of Ulcinj. According to the announcement, the tender envisages a total of 6,621,121 square meters of land for the planning, construction, exploitation, and maintenance of a solar power plant at Briska gora, in the very south of Montenegro.
  • Laying the Foundations: ZF Group Building a Factory in Serbia

    The Karanović & Nikolić team, led by Senior Partner Marjan Poljak and Senior Associates ⃰ Ana Stanković and Ana Luković, advised ZF Friedrichshafen on the project of opening an electric vehicle parts factory in Pančevo, Serbia. The German company, a global leader specialising in the design, research and development, and manufacturing activities in the automotive industry, laid the foundations and began construction on 21 June 2018.
  • Harmonising the GDPR in Mauritius

    Mauritius is the first country in the southern hemisphere to have recently revamped its data protection legal regime by repealing the previous Data Protection Act 2004 (" DPA 2004 ") and adopting a new law, namely the Data Protection Act 2017 (" DPA 2017 ") following the adoption of the General Data Protection Regulation (Regulation (EU) 2016/679) (" GDPR ") in the European Union. 
  • Listing on the Emerging Companies Market of the Cyprus Stock Exchange

  • DORDA advises on the acquisition of Austrian office properties Denk Drei

    Stefan Artner , Partner and Head of the Real Estate Practice Group, and real estate attorney Klaus Pfeiffer of DORDA advised Austrian Real Estate Development GmbH ( ARE , a subsidiary of Bundesimmobilien-Gesellschaft, the Austrian privatization agency) on the acquisition of the Denk Drei office properties from IC Development . The successful closing of the forward purchase transaction took place on April 30, 2018. The parties have agreed not to disclose the purchase price.
    - Dorda
  • A closer look at Settled Status for EU citizens

    Following the release of more details of the UK Government’s scheme for a streamlined application process to grant EU citizens in the UK settled status to safeguard their position following the UK’s departure from the EU, our EEA immigration solicitors here at OTS Solicitors take a look at the post-Brexit position for EU nationals and what the settled status scheme entails in more detail.