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Mayer Brown

71 SOUTH WACKER DRIVE, CHICAGO, IL 60606, USA
Tel:
Work +1 312 782 0600
Fax:
Fax +1 312 701 7711
Email:
Web:
www.mayerbrown.com

Barry Machlin

Tel:
Work +1 312 701 8574
Email:
Mayer Brown

Work Department

Finance

Position

Barry Machlin is co-Chair of Mayer Brown's Global Projects group and concentrates on international and domestic project finance and infrastructure transactions of all types. Barry has led or had a central role in transactions involving more than 60 countries spanning a wide range of sectors, including power (coal, gas, wind and nuclear), oil and gas (pipelines, petrochemical and other facilities), ports and aviation, satellite/telecom and other areas. Barry also has represented sovereigns, state-owned enterprises and investors in privatization matters and cross-border investment and financing transactions. Barry served for four years on the firm’s global Partnership Board and on our Asia Board.

Education

Harvard Law School, JD 1985 Brandeis University, BA, summa cum laude 1982 Phi Beta Kappa


Latin America: International firms

Projects and energy

Within: Projects and energy

Mayer Brown continues to cement its position in projects and energy in Latin America. The firm’s now well-established Mexico City office has further enabled it to build market share in energy and infrastructure, particularly in relation to the liberalisation of Mexico’s hydrocarbons sector, and the firm’s notable Houston office is also actively involved with the Mexico market. Its Chicago, New York and Washington DC offices provide further connections to key lenders, including commercial banks, MLAs and development finance institutions (DFIs), and a number of sponsors and borrowers. The firm has a significant market share of high profile renewable energy projects in Latin America and has attracted a consistent pipeline of infrastructure project engagements. In addition to mainstream project finance, the firm is also at the forefront of project and infrastructure bonds. Clients include Panama Canal Authority, Invenergy, Banco de Credito del Peru, Credit Suisse, Overseas Private Investment Corporation, Celeo Redes, Grupo Odinsa and Empresas. The firm is praised for its ‘market and legal knowledge, efficient work, proactivity and value for money’. It advised Celeo Redes Operación Chile on the $600m issuance of US dollar and Chilean peso-denominated notes to finance electricity transmission projects; this was the first portfolio project bond in Chile. It also advised Invenergy on the acquisition, development and financing of the Energía del Pacífico Project, a greenfield LNG-to-power project in El Salvado. Other matters include representing the noteholders (private investors) in the private placement of $136m in investment-grade rated project bonds issued by Invenergy to finance the operation of its 70MW Campo Palomoas wind energy project in Uruguay. New York and Washington DC-based Christopher Erckert is the most celebrated partner in the team, having a solid record in mainstream project finance and project bonds, including in the infrastructure and renewable energy sectors. Ariel Ramos is a key name in Mexico City, while Houston-located Francisco Mendez (who previously spent 20 years at ExxonMobil as an in-house lawyer for Latin America), is at the heart of the Mexico energy reform-related work. Spending much of his time in the country, Mendez was involved in the formation of the Mexican Hydrocarbons Association and is highly regarded in the upstream oil and gas sector. Also in Houston, Jose Valera and Pablo Ferrante are prominent in upstream oil and gas, power and renewables transactions in Mexico and elsewhere, while Edward Lima at Brazilian affiliate firm Tauil & Chequer Advogados in association with Mayer Brown is another pivotal practitioner. Chicago-based Barry Machlin has a great deal of experience in Latin America energy, infrastructure and mining projects, while Gabriela Sakamoto in Washington DC is an emerging talent.

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United States: Finance

Project finance

Within: Leading individuals: Project finance

Barry Machlin - Mayer Brown

Within: Project finance

The ‘creative, responsive and diligent’ team at Mayer Brown is ‘able to break down complex issues and explain them in a user-friendly manner’. The team is also praised for its ability to ‘take the time to understand the needs of the client’. Particularly experienced in PPP matters, Joseph Seliga advised Purdue University, a public institution of the State of Indiana, on the development of new student housing facilities through a long-term PPP structure. Renewable energy transactions are also a key area of focus for the team; Paul Astolfi, who co-heads the global projects group, acted for Allianz Global Investors in a $760m debt financing transaction to finance a portfolio of ten solar projects in the US. Robert Goldberg in Houston and Jeffrey Davis in Washington DC advised GE Energy Financial Services and JP Morgan as equity investors on the commitment to invest approximately $192m, plus additional contributions, to finance the 200MW Persimmon Creek wind project, which is developed by Elawan Wind and Quinbrook Infrastructure Partners. The team is also noted for its experience in Latin America-facing mandates, where Washington DC-based Christopher Erckert recently advised the note purchasers in the placement of $103m senior secured notes and $11.5m subordinated, secured notes in relation to the refinancing of the Naranjal and Del Litoral Solar power plants in Uruguay. Barry Machlin, Mitch Holzrichter, Douglas Doetsch, Nadav Klugman and David Bakst, who is based in New York, are also key figures. Named individuals are based in Chicago unless stated otherwise. Tax equity specialist David Burton moved to Norton Rose Fulbright US LLP in April 2019.

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