Micaela McLean

Partner

Contact
F +1.212.822.5203

New York

55 Hudson Yards

New York, NY US 10001-2163

T +1.212.530.5203

F +1.212.822.5203

Micaela McLean is a partner in the New York office of Milbank LLP and a member of the firm’s Project, Energy and Infrastructure Finance Group.

Primary Focus & Experience

Ms. McLean’s practice focuses on the representation of lenders, sponsors, financial institutions and other project participants in connection with domestic and international project finance transactions.

Her recent representations include:

  • representing sponsors in connection with various construction, warehouse, equipment and LC facilities for portfolios of solar, storage and solar plus storage assets;
  • acting as lender counsel for several construction and warehouse facilities for community solar assets and utility scale solar and storage facilities;
  • acting for a potential investor in connection with the provision of services to Ford’s “Blue Oval City” battery and vehicle manufacturing facilities for F-150 Lightning trucks and the battery components in Tennessee and Kentucky;
  • multiple private placements for assets located in the United States and Australia; and
  • multiple power and transmission financing transactions across the United States and Latin America.
  • MUFG, as lender on a $136 million construction financing to Origis in respect of the 74.9 MW Rice Creek solar project in Florida;
  • Silicon Valley Bank, BankUnited, JPMorgan, Cadence Bank and Comerica in the $200 million construction financing for a 100 MW portfolio of community solar assets in Colorado, Maryland, Illinois, Hawaii, Minnesota, New York, California;
  • Silicon Valley Bank, ING, Cadence Bank and National Bank of Canada in the $200 million construction financing for a 229 MW portfolio of community solar assets in New York, California, Virginia and New Jersey;
  • HPS Investment Partners, LLC, as sponsor, in connection with a residential solar financing for projects located in California, Colorado, Delaware, Florida, Maryland, Nevada, Oregon, Texas and Washington;
  • Broad Reach Power in connection with the $160 million financing for a 390 MWh portfolio of 17 operating battery energy storage systems in Texas and one in California;
  • AMP Solar Group Inc. on the $350 million financing of its solar and solar plus storage development portfolio in the United States, Japan and Australia (named North America Portfolio Deal of the Year by Proximo);
  • CleanCapital, as sponsor, in connection with various warehouse and equipment loan facilities for its portfolio of solar projects;
  • Allianz, as noteholder, in connection with a $150 million securitization for Renewa I LLC in respect of its rights to receive rental payments under a portfolio of ground leases for wind and solar projects across the US;
  • LS Power, as borrower, on more than $600 million in debt financings for multiple transmission assets in the US;
  • Lenders counsel for Aypa (a Blackstone portfolio company) in connection with a $350 million construction financing for two battery storage projects located in Texas and California;
  • Mytilineos, as Borrower in connection with a $370 million construction financing for four solar PV projects in Chile;
  • Carlyle, as arranger, in connection with holdco debt facilities for portfolios of wind and solar assets in multiple US jurisdictions;
  • Carlyle, as arranger, in connection with a holdco debt facility for a fleet of vessels operating in the Port of Valdez, Alaska, in connection with the Trans-Alaska Pipeline;
  • Potential project financing lenders for MicroGrid Networks battery storage facilities in New York City;
  • MUFG, as lender on a $50 million bridge loan to FirstElement Fuel, the owner of a US-based hydrogen fuel station network;
  • DNB Bank ASA, CaixaBank SA and Instituto de Crédito Oficial, Entidad Pública Empresarial as lenders in the $229.5 million refinancing and expansion of the operational 115.5MWac Cabo Leones I wind power plant in the Atacama region Chile;
  • MUFG and other lenders on the $400 million senior debt facilities to Midland Cogeneration Venture Limited Partnership (owned by Capital Power) to refinance existing indebtedness of the approximately 1,600 MW natural gas fuel combined cycle cogeneration facility located in Midland, Michigan;
  • Mizuho on the $820 million financing to Global Infrastructure Partners, a 26% minority partner in Freeport LNG Development L.P., a joint venture owning three operating LNG trains in Freeport, Texas;
  • Investec and other lenders in an approximately $155 million financing of natural gas storage facilities and transport hub, owned and operated by a subsidiary of Castleton Commodities International LLC;
  • Joint lead arrangers in a $600 million senior secured credit facility to refinance the existing indebtedness of the Gemini high-density polyethylene manufacturing plant in in La Porte, Texas;
  • Lenders on the $260 million acquisition financing to support Brookfield’s acquisition of the Los Ramones Notre and Sur gas pipelines in Mexico;
  • Lenders on the $1.2 billion acquisition financing supporting Brookfield’s bid to purchase the Cincinnati Bell telecommunications company;
  • Note purchasers on the 2011, 2012, 2020, 2022 and 2023 private placement financings for the Dalrymple Bay Coal Terminal in Queensland, Australia, the world’s largest metallurgical coal export facility with an export capacity of 85 million tons;
  • Note purchasers on the 2011, 2012, 2020, 2022 and 2023 private placement financings for the Dalrymple Bay Coal Terminal in Queensland, Australia, the world’s largest metallurgical coal export facility with an export capacity of 85 million tons;
  • Note purchasers in connection with TransAlta’s A$800 million private placement financing in respect of the South Hedland combined cycle generating facility in Western Australia; and
  • Note purchasers in connection with the private placement financing in respect of the construction of a $165 million rail terminal in Gregory, Texas.

Prior to joining Milbank, Ms. McLean practiced in the Melbourne and New York offices of a leading Australian law firm.

Recognition & Accomplishments

Ms. McLean received her Bachelor of Laws from the University of Adelaide and is admitted to practice in New York and Victoria, Australia.

Additional Details
Education
  • University of Adelaide, Bachelor of Laws
Admissions
  • New York