Juan F. Ruenes Rosales

Partner, Mexico City

Biography

Overview

Juan Ruenes focuses on infrastructure development, project finance, asset finance and general corporate matters, and has worked on some of the most complex and innovative projects in the market, such as the first-ever reserve-based lending transaction in respect of upstream oil & gas assets located in Mexico.

Clients benefit from Juan’s extensive experience in negotiating and drafting of all project contracts, including EPC contracts, O&M agreements, feedstock supply, offtake agreements, railcar leases, and complex limited-recourse financing documentation, as well as corporate lending contracts. Juan also advises clients in connection with banking and finance, ship finance, restructuring, M&A and general corporate matters.

Before joining White & Case in 2017, Juan was the general counsel of Braskem Idesa, where he was actively involved in the structuring, development, construction, financing and operation of its large-scale polyethylene project, Etileno XXI.

Bars and Courts
Authorized to practice law in Mexico
Education
Columbia University School of Law
Attorney at Law
Escuela Libre de Derecho
Languages
Spanish
English
Portuguese

Experience

At White & Case, Juan Ruenes has recently represented:

Syndicate of lenders to Petrolera Cárdenas Mora, a wholly owned subsidiary of the Egypt-based Cheiron Petroleum Corporation, on the first-ever reserve-based lending transaction in respect of upstream oil & gas assets located in Mexico.

Natixis, New York Branch as administrative agent, and other lead banks, on the US$640 million project financing of a natural gas-fired combined cycle 900 MW electric power plant located in the Pesquería area of the State of Nuevo León, Mexico.

Sociedad Portuaria El Cayao in the refinancing of its US$110 million LNG project located in Cartagena, Colombia.

Compañía de Electricidad Los Ramones, in the project development and limited recourse financing of its 689MW simple cycle power generation facilities located in Los Ramones, Nuevo León, Mexico.

Trigen Altamira I, S. de R.L. de C.V., in the limited recourse financing of its steam and power cogeneration facilities located in Altamira, Tamulipas, Mexico.

R.G. Engineering and Poseidon Energia Renovable in the development of its 48MW wind energy project “Los Guzmancito” in the Dominican Republic.

A leader-in-industry sponsor in its negotiations with a government in South America in connection with its investment in a multibillion-dollar industrial project in the country, including power generation facilities and the related transportation infrastructure investments that will support such project.

Braskem Idesa in financial and commercial transactions related to the Etileno XXI project, as well as corporate affairs and management of its US$3.2 billion senior-secured limited recourse financing extended by seven multilateral financial institutions, export credit agencies and development banks with the participation of ten commercial lenders and other debt.

Altán Redes in the development of its Wholesale Telecommunications Network "Red Compartida" in Mexico.

Consorcio Energético Punta Cana-Macao (CEPM) in the drafting and negotiation of a supply and installation agreement for power transmission infrastructure located in the Dominican Republic.