Dino E. Barajas is a member of the firm’s global project finance and corporate practice groups and focuses his practice on domestic and international project development and finance, with particular emphasis on Latin American infrastructure project financings, debt financings, and mergers and acquisitions (M&A).

Practice & Background

Mr. Barajas represents lenders, investors and developers in a wide range of domestic and international project financings in the energy, power, infrastructure and commercial sectors, as well as in traditional banking, structured finance, M&A, corporate finance, asset finance, joint ventures and venture capital transactions. His clients include commercial lenders, institutional investors, investment funds, project sponsors, and public and private companies. Mr. Barajas has worked on transactions in Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guam, Guatemala, Honduras, Mexico, Nicaragua, Peru, Trinidad and Tobago, the United States, Yemen and elsewhere.

Mr. Barajas is currently a member of the Los Angeles office’s diversity committee.

Mr. Barajas received his J.D. in 1993 from Harvard Law School and his B.A. summa cum laude in 1990 from the University of California, Los Angeles, where he was awarded the “Outstanding Graduating Senior Award” and the “Distinguished Scholar Award” and was a member of the Phi Beta Kappa National Honor Society. Mr. Barajas is fluent in Spanish.

Representative Matters

Mr. Barajas’ recent engagements include representing:

Project Finance

United States

  • a private wind developer in the $376 million financing of the Milford I wind farm power project (The Milford financing is the largest construction financing of an individual wind farm power project in the United States to date.)
  • a bank in its participation in the $1 billion project financing of the Astoria II 500-MW power plant in Queens, New York
  • a bank in the $98.6 million financing of the 120-MW Midway power project developed near Fresno, California
  • a syndicate of commercial banks and institutional investors in the $475 million financing of the 781-MW Channelview merchant power project

Latin America

  • a bank, as trustee, in the $681 million financing of the Manzanillo LNG storage and regasification terminal; the project costs involved in this project were approximately $875 million
  • a major Mexican power company in the development and financing of the 495-MW Tuxpan V phase of a project with costs of approximately $300 million; the financing of the project involved a complicated array of credit facilities and commercial banks providing both senior and subordinated facilities (The Tuxpan V financing holds the record for the fastest project financing of any Mexican IPP (3½ months) and the quickest project financing closed by Japan Bank for International Cooperation anywhere in the world.)
  • a major Mexican power company in the development and financing of the 495-MW Altamira II project with costs of approximately $300 million; the financing of the project involved a complicated array of credit facilities
  • a major power company in the development and financing of the 495-MW Tuxpan II project with costs of approximately $325 million; the financing of the project involved a complicated array of credit facilities and commercial banks providing both senior and subordinated facilities
  • a renewable energy developer in the development and financing of the 72-MW San Jacinto-Tizate Geothermal Power Project located in Nicaragua
  • an infrastructure development company in the development and financing of the Xacbal 94-MW hydroelectric power project located in Guatemala (This project is currently the largest privately developed and financed greenfield hydroelectric power project in Central America.)
  • an infrastructure development company in the financing of the Rio General Power Project located in Costa Rica
  • an infrastructure development company in the development and financing of the 246-MW Choloma III power project located in Honduras (The financing of this project is the largest single-asset project financing of an energy asset in Honduras. It also holds the record for one of the fastest (three months) project financings of any type in Central America.)
  • two infrastructure development companies in the development and financing of the San Jose 120-MW thermal power project in Guatemala
  • a major U.S. bank, as a financial advisor and lender, in the development and financing of a 199-MW thermal power project in Colombia
  • a global energy company in the development and financing of a 352-MW thermal power project in Colombia
  • institutional lenders in the development and financing of fuel bullets in Ecopetrol’s Barrancabermeja fuel complex in Colombia
  • a financial institution in the $52.5 million financing of the Atexcaco Hydroelectric Power Project
  • a government development organization in the issuance of $400 million to finance the development and construction of the Government Campus Plaza project (This bond financing represents the largest financing made by the government of Trinidad and Tobago to date.)
  • a government development organization in the issuance of $73 million of Reg. D project bonds to finance the development and construction of the Ministry of Education office project in Trinidad and Tobago

Project Development

United States

  • a major electric transmission company in connection with the development and construction of the Path-15 500-kV transmission line project in California
  • a leading wind corporation in the development of a 50-MW wind farm in Kiowa County, Kansas
  • a leading wind corporation in the development of a 21-MW wind farm in Wyoming

Latin America

  • an international power developer in the development of a 500-MW wind farm in Mexico that will sell its capacity and energy into the United States (The project is currently the largest wind farm being developed in Latin America.)
  • a U.S. power company in a $1 billion aqueduct and power project in Baja, California
  • a leading wind power company in the development of a wind farm in Oaxaca, Mexico
  • the project developer in the development of the Enertek Power Project, which was Mexico’s first “inside the fence” power project with a long-term transmission agreement with Comisión Federal de Electricidad (CFE) under Mexico’s new energy laws
  • a U.S. power company in the proposed development of the Ennerey cogeneration project to be located in Monterrey, Mexico
  • a U.S. power company in its proposed bid for the development of the Rio Bravo II and the Hermosillo II combined-cycle power plants in northern Mexico
  • a consortium of international companies in the negotiation with Comisión Federal de Electricidad of a power purchase agreement and fuel agreement relating to the Merida III combined-cycle power project located in Mérida, Mexico (The Mérida III Project was Mexico’s first independent power project under its new energy laws.)
  • a U.S. power company in the proposed development of a hydroelectric power plant in Mexico, with various government municipalities as energy off-takers
  • a U.S. power company in the development with CFE of a proposed transmission line from the United States into Mexico
  • a consortium of global power companies in the development of a 240-MW gas-fired power plant in the state of Ceara, Brazil
  • a leading wind corporation in the development of a wind farm power project in Brazil
  • a leading wind energy corporation in the development of a 100-MW wind farm in Honduras (This is currently the largest wind farm being developed in Central America.)
  • a leading wind energy corporation in the development of a wind farm in Nicaragua
  • a leading wind energy corporation in the development of a wind farm in Costa Rica
  • two leading wind energy corporations in the development of wind farms in Honduras
  • a leading wind energy corporation in the development of a wind farm in Chile

Middle East

  • a power company in the development of a 400-MW power plant in the Republic of Yemen

Mergers & Acquisitions

United States

  • a major power company in its acquisition of an ownership interest in an approximately 800-MW gas-fired power generation facility
  • a major power company in its sale of various power generation assets valued at $1.5 billion
  • a major energy company in its proposed bid for gas-fired power generation and transmission assets in California
  • a major power company in the proposed sale of various generation assets in the Northwest region of the United States
  • a major energy company in the proposed purchase of an asset portfolio consisting of various generation assets in the United States

Latin America

  • a power company in the sale of its interests in the 495-MW Altamira II project; the sale is part of a larger dispossession of Mexican power generation and pipeline assets by EDF International valued at $1.5 billion (The transaction represented Latin America’s largest energy M&A deal in 2007.)
  • a U.S. real estate company in the acquisition of numerous resort hotels located throughout Mexico (The acquisition represents the largest resort hotel portfolio acquisition ever closed in Mexico.)
  • a consortium of bidders to acquire an interest in Companhia de Electricidade do Estado da Bahia (COELBA), a Brazilian electric generation company that was privatized and valued at $1 billion
  • a global power company to acquire an interest in Centrais Geradoras do Sul do Brazil (Gerasul), a Brazilian electric generation company that was privatized and valued at $1.2 billion
  • a global power company in a bid to acquire controlling interests of a Brazilian electric generation company that was privatized
  • a global power company in a bid to acquire an interest in an electric distribution company in the southern region of Brazil
  • a global energy company in a bid to privatize a hydroelectric plant in Brazil

Finance

United States

  • a geothermal power company and its worldwide subsidiaries in a $50 million corporate lending facility secured by its domestic and international assets
  • a geothermal power company and its worldwide subsidiaries in a $12 million corporate lending facility secured by its domestic and international assets
  • a prospective lender in a proposed debtor-in-possession $2.2 billion credit facility for a major energy company
  • a group of lenders in connection with the restructuring and refinancing of the 600-MW combined-cycle NRG Brazos Valley Project in Texas
  • an international financial services company in providing letters of credit to support bond issuances for its various projects in Arkansas ($51 million) and Minnesota ($35 million)for a diversified forest products company
  • an international bank in providing a $29 million letter of credit facility to a major American airline company in the United States

Latin America

  • a Brazilian construction contractor in the $90 million financing of the Government Plaza in Nuevo Leon, Mexico (a project developed under a public/private partnership structure)
  • an international bank, as trustee, in the financing of the $611 million Pacifico coal-fired power project located in Lazaro Cardenas, Mexico
  • a Mexican lender participating in a proposed $400 million senior debt refinancing for power generation assets exceeding 1,000 MW in generating capacity
  • a Mexican international bank in the financing of a submarine transmission line pursuant to a BLT arrangement with CFE
  • a Brazilian international bank in its financing of two semisubmersible oil drilling rigs valued at $810 million
  • an international lender in a $1 billion financing of a coal-fired power project in Chile
  • an insurance company with its proposed investment portfolio with the Inter-American Development Bank in Chile
  • an international lender in the acquisition financing of various oil and gas assets in Colombia
  • an international lender in the acquisition financing of various oil and gas assets in Peru
  • an international lender in the $122 million financing of a calcium chloride and caustic soda processing facility in Trinidad.

Awards & Accolades

  • Hispanic Business magazine’s “Most Influential Hispanics (2012)”
  • the “Top 25 Clean Tech Lawyers in California” by the Daily Journal in 2011
  • one of ten “Innovative Lawyers in the US” by Financial Times in 2010
  • Hispanic Business magazine’s “100 Most Influential Hispanics (2008)”
  • Chambers USA: America’s Leading Lawyers for Business as a “Leader in the Field of Project Finance” in 2006-2011
  • Chambers Global: The World’s Leading Lawyers for Business as a “Leader in the Fields of Banking and Finance and Mergers & Acquisitions” in 2009 and 2010
  • Chambers Latin America: Latin America’s Leading Lawyers for Business as a “Leader in the Field of Mergers & Acquisitions” in 2009-2011, as a “Leader in the Fields of Banking and Finance” in 2010 and “Leader in the Field of Project Finance” in 2010 and 2011
  • The International Who’s Who of Project Finance Lawyers, 2005, 2007, 2009, 2010 and 2011 for his accomplishments
  • Lead counsel for transaction recognized by Project Finance magazine as “Latin American Geothermal Deal of the Year 2010”
  • Lead counsel for transaction recognized by Project Finance magazine as “Latin American Renewable Energy Deal of the Year 2007”
  • Lead counsel for transaction recognized by Project Finance magazine as “Latin American Deal of the Year (Power) 2004”
  • Lead counsel for transaction recognized by Project Finance magazine as “Latin American Deal of the Year (Power) 2002”
  • Lead counsel for transaction recognized by Latin-Finance magazine as “Latin American Energy/Power Deal of the Year 2007”
  • Lead counsel for transaction recognized by The Banker magazine and the Financial Times Group as “Deal of the Year (Costa Rica) 2007.”

Languages

Spanish