Carlos T. Albarracín

Partner

Contact
F +1 212.822.5116

New York

55 Hudson Yards

New York, NY US 10001-2163

T +1 212.530.5116

F +1 212.822.5116

Carlos T. Albarracín is a partner in the New York office of Milbank LLP and a member of the firm’s Corporate Finance and Securities Group.

Primary Focus & Experience

Mr. Albarracín has over 20 years of experience in cross-border capital raising, financing and restructuring transactions throughout Latin America, with a focus on the energy and infrastructure sectors. He regularly works with investment and commercial banks and institutional investors as well as leading Latin American companies in a wide range of transactions throughout Latin America. Some of his recent notable transactions include representing:

  • The joint lead arrangers in the $2.65 billion secured bridge financing for the $4.2 billion acquisition by Cox Infrastructure of Iberdrola Mexico, a generation platform with 2,600 MW of installed operating capacity and the largest private qualified supplier business in Mexico. (2026)
  • The global coordinators in a $1.2 billion Rule 144A senior note offering by YPF, Argentina’s largest oil and gas company. (2026)
  • The global coordinators in a $2 billion Rule 144A senior secured notes offering and an $800 million Rule 144A hybrid perpetual notes offering by Cox Asset Mexico. (2026)
  • Sociedad Transmisora Metropolitana (STM), a leading Chilean power transmission company, in connection with the $630 million Rule 144A green project bond offering. STM is a subsidiary of Grupo Saesa (a JV between Ontario Teachers’ Pension Plan and Alberta Investment Management Corporation). (2026)
  • The joint lead arrangers in connection with the $900 million syndicated project financing for the San Matías Pipeline Project in Argentina, a landmark transaction representing the first large-scale non-recourse financing for LNG-related infrastructure in the country. (2026)
  • FIBRAeMX in its $351 million (MXN $4.2 billion) Rule 144A follow-on equity offering. FIBRAeMX is a leading Mexican infrastructure and energy investment trust (FIBRA-E) sponsored by Alom Infra focused on brownfield transportation infrastructure assets in Mexico. (2026)
  • FEXI in its $247.44 million (MXN$4.3 billion) Rule 144A follow-on equity offering. FEXI is a leading Mexican infrastructure and energy investment trust (FIBRA-E) sponsored by Mexico Infrastructure Partners (MIP) focused on brownfield transportation infrastructure assets in Mexico. (2026)
  • The lead arrangers in a $1.2 billion acquisition financing to support Ecopetrol’s acquisition of 51% stake in Brava Energia S.A., a leading Brazilian independent oil and gas company. (2026)
  • The global coordinators in an $800 million Rule 144A senior notes offering by FIBRA SOMA, a leading Mexican real estate investment trust (FIBRA) focused on premium commercial real estate. (2026)
  •  The joint lead arrangers in the VMOS oil pipeline $2 billion syndicated project financing for the development of the Vaca Muerta Sur Oil Pipeline project in Argentina. (2025)
  • The underwriters in the issuance of $1.85 billion in SEC-registered bonds and related cash tender offer by Ecopetrol, Colombia’s state-owned oil and gas company. (2024)
  • The global coordinators in a US$1.49 billion Rule 144A project bond offering by FIEMEX, a special purpose trust sponsored by Mexico’s National Infrastructure Fund (FONADIN) and managed by Mexico Infrastructure Partners (MIP) that acquired a portfolio of 13 power generation projects from Iberdrola. (2024)

Recognition & Accomplishments

Mr. Albarracín is recognized for his work by Chambers USA, Chambers Latin America and Chambers Global. Client feedback provided by Chambers speaks volumes:

“Carlos Albarracín is a smart and active lawyer who knows his stuff. I hold him in high esteem.” – Banking & Finance client

"I would entrust Carlos Albarracín with many of my most complex transactions. We have a long-standing relationship.” – Capital Markets client

Mr. Albarracín is named a Leading Individual by The Legal 500 and is included in its Private Practice Powerlist for the US and Mexico. He is also recognized as a Highly Regarded lawyer by IFLR1000.

Mr. Albarracín is fluent in Spanish and conversant in Portuguese.

Additional Details
Education
  • University of Virginia School of Law, LL.M.
  • Universidad de Belgrano, Abogado (J.D. equivalent)
Admissions
  • New York
  • Argentina