Milbank LLP received three “Deal of the Year” awards from Proximo Latin America in a recent recognition of its market-leading Latin America practice. The Latin America awards ceremony was held on March 2, 2023, in Miami.
The Proximo Deals of the Year Awards recognize notable transactions across the region in the infrastructure and energy sectors. Winners are selected based on input from the publication and peer firms across various sectors and regions.
Dan Bartfeld, practice group leader of the firm’s Global Project, Energy and Infrastructure Finance Group, noted: “We are so pleased to be honored once again by Proximo for our important work in the Latin America energy and infrastructure space. Our dedicated team continues to advise on the most innovative and complex matters in the M&A and project finance field.”
Milbank transactions were honored in the following categories:
- Latin America Renewables Deal of the Year – GIP Atlas Renewable Energy Acquisition: Milbank represented the lenders in connection with the acquisition by Global Infrastructure Partners (“GIP”) of equity interests in certain affiliates of Atlas Renewable Energy, which are developing and operating renewable energy projects in Chile, Uruguay, Brazil and Mexico.
- Latin America Acquisition Deal of the Year – Saesa Enel Transmission Acquisition: Milbank represented Sociedad Transmisora Metropolitana SpA, a wholly-owned subsidiary of Inversiones Grupo Saesa, Chile's largest power distribution company, in connection with its $1.1 billion dual-currency secured syndicated acquisition loan to partially finance its $1.5 billion acquisition of Enel Transmisión Chile S.A. The acquisition, which was structured as a privately negotiated share acquisition and a concurrent public tender offer on the Chilean Stock Exchange (Bolsa de Comercio de Santiago, Bolsa de Valores), closed on December 9.
- Latin America Solar Deal of the Year – Carbonfree Distributed Solar Portfolio: Milbank represented the lender in connection with the financing of 17 photovoltaic PMGD projects in Chile, sponsored by Connor, Clark and Lunn Solar LP and CF Chile Partners LP.
Milbank has one of the largest project, energy and infrastructure groups in the world, with over 125 dedicated lawyers in its offices in the Americas, Europe and Asia. In the past five years, the firm has acted as the lead legal advisor in a wide variety of power, energy, oil/gas, natural resources and other infrastructure projects worldwide that mobilized hundreds of billions of dollars of capital. In 2021 the firm was recognized as “Global Legal Adviser of the Year” and “Latin America International Legal Adviser of the Year” by IJGlobal, “Latin America Legal Advisor of the Year” by Proximo, “Best Infrastructure Law Firm” by LatinFinance, “Banking & Finance Legal Adviser of the Year” by Bonds & Loans Latin America & Caribbean Awards, and “Law Firm of the Year” by Power Finance Risk Awards.
