United States
Raul Farias
SocioAdmitted in New York and California
About
Raul Farias has substantial experience representing domestic and international project developers, sponsors, financial institutions, investment funds and others in project development, M&A, finance and other related matters in the United States and internationally.
His practice has a significant emphasis on the Energy, Infrastructure and Financial Sectors, including renewable energy (dealing with a wide variety of technologies), energy transition and storage, purchase and sale of tax credits (ITCs and PTCs) and oil and gas. His clients have also relied on his counsel for other corporate matters and bet the company transactions, including the purchase and sale of assets, financings, loan restructurings, debtor-in-possession financings, distressed M&A transactions and other related matters.
He has served on the board of publicly listed companies, published articles on a variety of legal topics and participated as a panelist at legal forums dealing with energy transition and the purchase and sale of tax credits. He is experienced with corporate governance matters for private and publicly listed companies in the United States and internationally and has constant dealings and interactions with C-suite executives across multiple jurisdictions.
Areas of FocusCorporativoFusiones y adquisicionesInfraestructura, construcción y transporteEnergía y recursos naturalesFinanzas
Bar admissionsNueva YorkCaliforniaMexico
EXPERIENCE
Representative matters include:
- Advised a Publicly Listed Company on the acquisition and tax equity financing of multiple wind and solar assets in multiple locations in the United States
- Advised multiple buyers and sellers on the purchase and sale of tax credits (ITCs and PTCs) in excess of $1 billion during calendar year 2023, including the first largest publicly disclosed transaction dealing with Section 45X credits.
- Advised a Publicly Listed Company on the contracting of capacity for gas assets in California
- Advised a Private Equity Fund in the $700 million refinancing of debt for a company portfolio with emphasis on the Infrastructure Sector
- Advised a Developer on all aspects of development and financing of the largest biorefinery in the World
- Advised a Sponsor on all aspects of several cross-border RNG projects in the United States and Mexico
- Advised a Canadian Fund on the acquisition and development of multiple RNG projects in California
- Advised a Canadian Fund on multiple feedstock supply agreements for biomass and land leases in the United States
- Advised a Canadian Fund on the acquisition and development of an RNG project in Oregon
- Advised a Canadian Fund on the acquisition and development of an RNG project in Florida
- Advised a Mexican Conglomerate on multiple matters in the United States
- Advised a Lender on multiple local and cross-border loans in Latin America
- Advised a Private Company on the acquisition of Oil & Gas assets in New Mexico
- Advised a Spanish Company on the acquisition of renewable solar assets in Texas
- Advised a Dutch Company on the acquisition, development and financing of water assets in Latin America
- Advised a Mexican group in connection with shareholder disputes in Mexico and the United States
- Advised on the international expansion of a Renewable Energy Company in North America and Europe
- Advised a foreign Financial Institution on its US$2.9 billion debt restructuring in Latin America, Europe and the United States pursuant to a Chapter 11 proceeding
- Advised a foreign Financial Institution on its sale of assets pursuant to a Chapter 11/363 sale in the United States
- Advised an operator of quick service restaurants, coffee shops and casual dining establishments in Latin America and Europe, on its US$1 billion debt restructuring and related US$500 million issuance of senior notes due 2026 and €300 million senior notes due 2027 issued by a subsidiary pursuant to an out of court proceeding
- Advised a Non-Bank Bank on the restructuring of its debt facilities and operations in Mexico pursuant to a concurso/Chapter 15 proceeding
- Advised a Brick-and-Mortar Store on the restructuring of its debt facilities and operations in Mexico pursuant to a concurso/Chapter 15 proceeding
- Advised a Chemical Company on its potential sale of assets in the United States in connection with a foreign bankruptcy process
- Advised a group of lenders in connection with the bankruptcy of a Non-Bank Bank in Mexico
- Advised on the US$50 million cross-border financing of a Mexican Bank by a Multilateral Agency
- Advised on the issuance of US$500 million in Senior Notes under Rule 144A and Reg S by a Financial Institution
- Advised an Israeli Company on the acquisition of energy transmission assets in the United States
- Advised a Mexican Company on the proposed acquisition of a Fintech Company in the United States prior to a Chapter 7 proceeding
- Advised a Publicly Listed Company on the project development of midstream assets in Mexico
- Advised a Fortune 500 Company on potential investment disputes in Latin America
- Advised on the project development and sale of renewable portfolio assets in Mexico
- Advised a Financial Institution on several ISDA related matters in the United States*
- Advised an Industrial Company on several NAESB related matters in the United States*
- Advised on the US$100 million cross-border financing of a Financial Institution by a Multilateral Agency*
- Advised on the US$15 million cross-border financing of a Financial Institution*
- Advised on the US$50 million cross-border financing of a Financial Institution*
- Advised on the US$25 million cross-border financing of a Financial Institution*
- Advised on the US$3.59 billion sale of a Fortune 500 Company's Peruvian assets to a Chinese State-Owned Entity (S&P Global Energy Deal of the Year 2020)*
- Advised on the US$2.23 billion sale of a Fortune 500 Company's Chilean assets to Chinese State-Owned Entity (S&P Global Energy Deal of the Year 2020)*
- Advised on a US$1.2 billion reorganization of a Fortune 500 Company's international operations*
- Advised on cross-border financings for a Fortune 500 Company in excess of US$700 million*
- Advised on the proposed US$7.2 billion acquisition of a pipeline project in Peru by a Fortune 500 Company, its US$4.1 billion project finance and its EPC takeover*
- Advised on the development of assets for a crude oil project in the State of Tabasco, Mexico*
- Advised on the development of offshore assets for a crude oil project in the State of Tabasco, Mexico*
- Advised on the development of three hydroelectric projects in Peru*
- Advised on joint venture arrangements in connection with a 3mtpa LNG project in Ensenada, Mexico*
- Advised on the project development of a refined products terminal in Veracruz with a Major Oil Company as well as its potential joint venture arrangements
- Advised on the project development of a refined products terminal in Puebla with a Major Oil Company as well as its potential joint venture arrangements
- Advised on the project development of a refined products terminal in Mexico City with Major Oil Company as well as its potential joint venture arrangements
- Advised on the project development of a refined products terminal in Topolobampo with two Major Oil Companies as well as its potential joint venture arrangements
- Advised on the acquisition of a refined products terminal in Manzanillo from a Trader*
- Advised on the project development of a refined products terminal in Ensenada, Mexico with two Major Oil Companies as well as its potential joint venture arrangements
- Advised on the contracting of capacity in the refined products terminal in Topolobampo with two Major Oil Companies
- Advised on the contracting of capacity in the refined products terminal in Manzanillo with two Major Oil Companies and a Trading Company
- Advised on the contracting of capacity in the refined products terminal in Ensenada, Mexico with two Major Oil Companies
- Advised on a proposed acquisition of an LPG facility in Peru*
- Advised on the project development of an LPG facility in Mexico*
- Advised on the project development of a 2mpta methanol facility in Mexico*
- Advised on the sale of two 650MW combined cycle power generation plants*
- Advised on multiple project developments of a solar energy projects in Mexico*
- Advised on the operations of a wind energy project in Nuevo Leon, Mexico*
- Advised on the development of wind energy projects in Mexico*
- Advised on the project development of salt caverns in Mexico*
- Advised on an international dispute against the Government of Peru regarding the electricity sector*
- Advised on an international dispute against the Government of Chile regarding the electricity sector*
- Advised on potential international disputes against the Government of Mexico in the electricity and oil and gas sectors*
- Advised on the development of an ethane midstream solution in Veracruz, Mexico and its related joint venture*
- Acted as secretary of the board of a Publicly Listed Company in Mexico*
- Advised on a multibillion-dollar oil and gas dispute in South America for a Fortune 500 Company*
- Advised on a US$1.875 billion sale of assets in Mexico for a Telecommunications Company*
- Advised on a US$400 million restructuring of loan facilities in Brazil for a Telecommunications Company*
- Advised on a US$550 million acquisition of energy assets in Brazil and Mexico for a Fortune 500 Company*
- Advised on a US$350 million DIP financing of a Telecommunications Company and several other DIP financing proposals in connection thereof*
- Advised on the acquisition of a business in Costa Rica for a Publicly Listed Company in Mexico*
- Advised on the sale of energy assets by a Fortune 500 Company in Brazil and other related transactions*
- Advised on the US$1.2 billion restructuring of credit facilities held by a Telecommunications Company with Chinese lenders*
- Advised on the acquisition of the largest interdealer broker in Latin America*
- Advised on the issuance of US$625 million in Senior Notes under Rule 144A and Reg S by a Financial Institution*
- Advised on the issuance of US$300 million in Senior Notes under Rule 144A and Reg S by a Financial Institution*
- Advised on the US$300 million syndicated financing facility of an automotive company*
- Advised on the US$185 million secured facility of a mining company*
- Advised on the US$350 million DIP financing of a mining company*
- Advised on multiple million-dollar syndicated financing facilities of a Publicly Listed Company in Mexico*
- Advised on the IPO of a Financial Institution in Mexico*
- Advised on the acquisition of the largest undeveloped copper mining project in Latin America by a Chinese State-Owned Company*
- Advised on a US$250 million acquisition of a mining project in Mexico by a Mining Company*
- Advised on the US$50 million acquisition of a hospital platform by a Private Equity Fund*
- Advised on a US$75 million sale of a financial institution by a Mexican Bank*
- Advised on a US$1.8 billion merger of two Mexican Banks*
- Advised on the acquisition finance by an International Bank of a natural gas pipeline project in Tabasco, Mexico*
- Advised on the acquisition finance by an International Bank of three marine pipelines in the Gulf of Mexico*
- Advised on several distressed loans by an International Bank dealing with infrastructure assets in Mexico*
* Matters prior to joining DLA Piper
Languages
- Inglés
- Español
Education
- New York University School of Law, LLM, Prize for Outstanding Contribution to the Program, Dean’s Award
- Escuela Libre de Derecho, Juris Doctor, with honors
Awards
LACCA Approved, 2024
- Project Finance & Infrastructure
The Legal 500 Latin America
- Recommended, Latin America: International Firms Banking and Finance (2022-2024)
- Recommended, Latin America: International Firms Energy & Natural Resources (2023)
- Recommended, Latin America: International Firms Capital Markets (2022)
- Recommended, Latin America: International Firms Corporate and M&A (2022, 2024)
- Recommended, Latin America: International Firms Projects and Energy (2022-2024)
The Legal 500 United States
- Recommended, Energy: Renewable/Alternative Power (2024)
