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Clifford Chance

2001 K STREET NW, WASHINGTON DC 20006-1001, USA
Tel:
Work +1 20006 1001
Fax:
Fax +1 20006 1001
Email:
Web:
www.cliffordchance.com

Jessica Springsteen

Tel:
Work +12029125008
Email:
Clifford Chance

Work Department

Banking & Finance

Position

Jessica A. Springsteen is a member of the Americas Energy & Projects Group. She regularly advises commercial banks, multilateral organizations, and export credit agencies in all aspects relating to the development and financing of energy and infrastructure projects worldwide with a particular emphasis in Latin America.


Latin America: International firms

Projects and energy

Within: Rising stars

Jessica Springsteen - Clifford Chance

Within: Projects and energy

Clifford Chance is unsurpassed in terms of its breadth of expertise and geographic coverage. It routinely captures market share in hot markets and is rarely left behind by competitors. Clients range from commercial banks and investment banks, to development finance institutions (DFIs), multilateral agencies (MLAs), institutional investors and sponsors and developers. It has also impressed by leveraging its extensive network, from Sao Paulo to New York, Washington DC, Madrid and beyond. Despite Argentina's recent economic woes, the firm continued to advise on a significant number of projects linked to the country's public-private partnerships (PPP) programme, especially on the lender side. Colombia, Peru and Paraguay have also been important markets, while Brazil is beginning to show promise for the team. The firm has continued to demonstrate leadership in private placement financings, notably those linked to wind farms in Peru. It continues to be at the forefront of project bonds in the region and has also further developed its standing in hybrid financing structures. Gianluca Bacchiocchi is 'the go to guy for many of the banks' on project bonds, and has impressed further in hybrid financings and PPPs in Argentina. Washington DC partner Fabricio Longhin continues to earn multiple accolades, derived in part from his leadership in Argentina and Colombia infrastructure projects, including road PPPs in the former, along with multi-source financings in Paraguay. Washington DC's Lori Ann Bean and Catherine McCarthy continue to be at the forefront of MLA and DFI financings in Latin America, while Madrid partner José Guardo is an increasingly prominent figure in Spanish-driven financings. New York's Guido Liniado  has been elevated to partner, while Washington DC's Alberto Haito and Jessica Springsteen are key names at associate level.

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United States: Finance

Project finance

Within: Project finance

Clifford Chance stands out for its expertise in Latin American project finance mandates, acting for both lenders and sponsors. Fabricio Longhin and Gianluca Bacchiocchi, who is based in New York, advised the Government of Argentina on the structuring and documentation of its public-private partnerships program, launched in 2017 through the Undersecretariat of Public-Private Partnerships (UPPP). Bacchiocchi and New York-based Jonathan Zonis also advised Goldman Sachs and a group of Colombian lenders on the $708m multi-source and multi-currency financing for the 491km Ruta al Mar toll road project in Colombia. Elsewhere, senior counsel David Evans and New York-based David Brinton advised KEPCO and COPA in the acquisition of 235MW of solar generating assets in California; Lori Ann Bean is advising OPIC in connection with a $200m loan to be provided to Kipeto Energy to finance the development and construction of a 100MW wind power generation project in Kajiado, Kenya; and Catherine McCarthy, who is experienced in transport sector deals, advised the IDB Group, Proparco and DEG in relation to the financing of the Port of Posorja in Ecuador, sponsored by DP World. Guido Liniado in New York was promoted to partner in 2019, and senior associates Alberto Haito and Jessica Springsteen are also recommended. Named individuals are based in Washington DC unless otherwise stated.

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