Sean Goldstein
Biography
Overview
Sean concentrates on project finance, bank finance and project development transactions in Latin America. He frequently represents project sponsors and lenders in infrastructure, natural resource and energy projects and has significant experience in the drafting and negotiation of both project documents (with a particular focus on construction arrangements) and financing documents. Sean was previously a resident in our Mexico City office for over 14 years.
Experience
Acquisition financing for a portfolio of power plants
Representation of Banco Nacional de Obras y Servicios Públicos, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (Banobras) and Fondo Nacional de Infraestructura (FONADIN) in connection with the approximately US$6 billion acquisition financing for a portfolio of 13 power plants, with an aggregate capacity of 8,500 MWs, acquired from Iberdrola by an acquisition trust managed by Mexico Infrastructure Partners FF, S.A.P.I. de C.V. This transaction was recognized as "M&A Loan Deal of the Year" by Global Banking & Markets Latin America Awards, "Power Financing of the Year" and "Infrastructure Financing of the Year: Latin America" by LatinFinance.
Terminal Cuenca Del Plata expansion financing
Representation of IDB Invest in connection with an approximately US$103 million term financing facility for Terminal Cuenca del Plata S.A., including a US$46 million participation interest from Banco Bilbao Vizcaya Argentaria S.A., for the design, construction and operation of the port of Montevideo's expansion.
SynOrb Joint Venture
Representation of Orbia's Fluorinated Solutions business on its joint venture arrangements with Solvay to create the largest polyvinylidene fluoride (PVDF) production facilities for battery materials in North America. The project is partially supported by a grant from the US Department of Energy.
Termocandelaria Power notes offering
Representation of Termocandelaria Power, S.A., an electric power generation company that owns and operates a large portfolio of thermal power plants in Colombia, in a Rule 144A and Regulation S offering of US$425 million aggregate principal amount of its 7.750% notes due 2031, and a concurrent any-and-all tender offer and exit consent solicitation targeting its 7.875% notes due 2029.
TQPM Ethane terminal
Representation of Terminal Química Puerto México, S.A.P.I. (TQPM) on its US$440 million senior secured debt financing extended by a group of commercial and development banks. The proceeds of which were used by TQPM to construct an ethane import terminal for the receipt and storage of imported cryogenic ethane to be located in the Pajaritos Lagoon in the State of Veracruz, Mexico, and a pipeline to deliver ethane to Braskem Idesa's petrochemical complex 12 kilometers away.
CELSE LNG-to-power project
Representation of Goldman Sachs & Co. LLC, IDB Invest, International Finance Corporation and SERV in connection with the structuring of the financing for the design, construction, and operation of a 1,516 MW thermoelectric power plant and related LNG receiving and gas transportation infrastructure, located in Barra dos Coqueiros, in the State of Sergipe, Brazil. Named "Best Bond" and "Best Infrastructure Financing: Brazil" by LatinFinance, "Power Deal of the Year" by IJGlobal and Latin America "Power Deal of the Year" by Project Finance International.
Development and financing of the first LNG regasification terminal in Colombia
Representation of Sociedad Portuaria El Cayao S.A. E.S.P. (SPEC) in connection with the development, financing and subsequent refinancing of an offshore LNG receiving, storage and regasification terminal located in Cartagena, Colombia, the first in the country.
Landmark social bond for 4G project in Colombia
Representation of IDB Invest, as anchor investor, in the US$262 million equivalent social bonds issued by the concessionaire of the Rumichaca-Pasto 4G project, an 83 km highway located in the Department of Nariño near the border between Colombia and Ecuador. The transaction has been recognized as "Infrastructure Financing of the Year" and "Financing Innovation of the Year" by LatinFinance, "Refinance Deal of the Year" by IJGlobal and "Roads Deal of the Year" by Proximo Awards.
Bosques Solares de Los Llanos portfolio financing
Representation of IDB Invest and Bancolombia in a senior secured and subordinated financing, the proceeds of which were used to finance the Bosques Solares de Los Llanos portfolio of solar photovoltaic plants located in Colombia. This financing was groundbreaking, as it represented the first non-recourse financing and first long-term financing for solar PV or wind assets in Colombia. This transaction was awarded "Latin America Solar Deal of the Year" by Proximo Awards.
OTM financing
Representation of Sumitomo Mitsui Banking Corporation (SMBC) and MUFG Bank, Ltd. (MUFG) as lead arrangers on the limited recourse financing for Operadora de Terminales Marítimas, S.A. de C.V. (OTM). The proceeds of which were used by OTM to construct a petroleum products terminal with a nameplate capacity of 1.1 million barrels to be located in the Port of Altamira, Mexico.
Etileno XXI polyethylene project
Representation of Braskem Idesa, S.A.P.I., as owner in the development, construction and financing of the US$4.5 billion 1,050 kt/y Etileno XXI polyethylene project located in Veracruz, Mexico. This deal was selected as "Overall Latin American Deal of the Year" and "Latin American Petrochemicals Deal of the Year" by Project Finance, "Americas Petrochemical Deal of the Year" by Project Finance International, "Project Finance Deal of the Year" by Latin Lawyer and "Deal of the Year" by Trade Finance.
Leading Partner, Project Finance, The Legal 500 Latin America, International Firms, 2025
Highly Ranked, Project Finance, Chambers Latin America, International Firms, 2025