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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 has a rich history of bank-led project finance work, coupled with a growing standing among DFIs, export credit agencies (ECAs) and project sponsors. It is also an accomplished player in project and infrastructure bonds, including private placement-driven financings. The Latin America practice is located across in multiple centres, most notably in Chicago, Washington DC, New York, Houston, Mexico City and in Brazil through Tauil & Chequer Advogados in association with Mayer Brown. The Brazil team recently led advice to GE Capital in connection with the $1.5bn financing of CELSE – Centrais ElĂ©tricas de Sergipe's Porto de Sergipe I thermoelectric complex project in Barra dos Coqueiros; the largest cross-border, energy-related transaction in Brazil for some years, it was financed through a mixture of a bond issuance and multilateral lenders. The firm is a major player in the renewable energy segment right across Latin America and advised MUFG, Natixis and SMBC, as lenders, on the $135m financing of the expansion of the 133MW Los Guindos diesel-fired power station in southern Chile’s BiobĂ­o region. In the private placement segment, the firm represented the note purchasers in the $103m placement of senior secured notes and $11.5m subordinated secured notes to refinance the Naranjal and Del Litoral solar power plants in Uruguay; the structure builds on the firm's previous work in private placement project bonds, including the Campo Palomas wind project in Uruguay. In the project bonds and private placement segment, New York and Washington DC partner Christopher Erckert  is a recognised authority, though he is also an experienced traditional project finance practitioner, particularly in the renewables sector. Houston partner Robert Goldberg is an experienced figure in Latin America power and renewables projects. London's Ian Coles is a mining sector leader with considerable experience in Latin America. Houston's Pablo Ferrante and Jose Valera are highly rated for oil-and-gas, LNG, power and renewables deals. Ariel Ramos  is a big name in Mexico City, while Barry Machlin and Douglas Doetsch are pivotal figures in Chicago. Washington DC's Gabriela Sakamoto is an emerging talent and Eduardo Lima is a key name in Tauil & Chequer Advogados in association with Mayer Brown's Sao Paulo office.

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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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