Baker Botts L.L.P. has a strong foothold in the LNG and renewables market in Latin America. This includes M&A transactions, project development and project finance engagements. It is gaining further ground in energy transition matters, especially green hydrogen projects in the region; recent mandates include adviseing HIF Global on its development of a green hydrogen to e-fuels project in Chile. The firm has extensive experience in project development and structuring, and has represented clients in projects across the region - most notably in Mexico. It has primarily focused on representing sponsors and developers, although the March-2024 hire of Veronica Relea (from Pillsbury Winthrop Shaw Pittman, LLP), brings the firm additional credibility in New York and further connections to sponsors and lenders; her arrival follows that of Mona Dajani to the New York office from A&O Shearman the previous year. The firm’s heartland remains Houston where Carlos Solé is a prominent figure in LNG and renewables matters, especially in Mexico. Houston-based David Jetter is another LNG expert and is increasingly prominent in energy transition matters. San Francisco’s Dino Barajas has led power and renewables projects across Latin America for decades and is also noted for his experience in Mexico.
Key clients
- The AES Corporation
- Sempra LNG and Sempra Gas & Midstream
Work highlights
- Assisted Sempra with the development and marketing of a brownfield development of an LNG export project co-located and integrated with the existing Energía Costa Azul (ECA) regasification facility in Mexico.
- Represented the AES Corporation in connection with a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer innovation in the sector, building on the recent agreement between Google and AES to provide long-term renewable power to Google’s data center in Chile.