Albertode la Parra

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Mexico City + 52.55.3000.4087

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Recognized as a leading Latin American lawyer in infrastructure, Alberto de la Parra focuses his practice on the energy, oil and gas, toll roads, mining, aviation, and airport sectors. His areas of practice include project structuring, corporate and project finance, restructuring, mergers and acquisitions, and corporate counseling.

Alberto has significant experience representing clients in structuring infrastructure and energy generation projects in Mexico including projects related to the transportation sector.

In the infrastructure sector, Alberto has been assisting the entity entrusted with the construction of the new Mexico City Airport on numerous financings including a US$1 billion financing, US$3 billion revolving credit agreement, and two green 144A bonds issuances, the first for US$2 billion in 2016 and most recently for US$4 billion in 2017.

In the energy sector, he has represented, among many others, a consortium led by Fisterra Energy on the structuring of the largest wind farm (360 MW) in Mexico from the project point of view and its structured financing and represented Banco Santander on the A3T restructuring. He also represented the group of banks participating in the sale and leaseback financing of an ultra low sulfuric refinery of Pemex.

For the last 10 years, Alberto has represented several financial institutions in complex financial transactions, including the acquisition financing for Grupo Mexico to acquire Florida East Coast.

Recently, Alberto represented Mexican development banks on structured financings for Pemex for more than US$3 billion and Grupo México on M&A transactions including the acquisition of Planigrupo for US$247 million.

Experience

  • Grupo México acquires the real estate company, PlanigrupoJones Day advised Grupo Inmobiliario UPAS, S.A. de C.V., a subsidiary of México Proyectos y Desarrollos, S.A. de C.V., Grupo México, S.A.B. de C.V.'s Infrastructure Division ("Grupo México") in the due-diligence, negotiation and formalization of an agreement with certain Southern Cross Group's subsidiaries (controlling shareholders of Planigrupo LATAM, S.A.B. de C.V. ("Planigrupo")) for the acquisition of its stake in Planigrupo, for which Grupo México launched a public tender offer for up to 100% of the shares representing Planigrupo's capital stock, resulting in the acquisition by Grupo México of 95.47% of Planigrupo's outstanding capital stock for a total amount of 4.49 billion pesos (approximately $245 million).
  • Mexican development banks grant US$2.1 billion revolving loan for acquisition of Jet Fuel collection rightsJones Day represented Banobras, NAFIN, and Bancomext (Mexican development banks) in connection with a US$2.1 billion revolving loan granted to a Special Purpose Mexican Trust for the acquisition of Jet Fuel collection rights generated by the Mexican governmental entity Aeropuertos y Servicios Auxiliares.
  • Mexican development banks grant bridge loan for up to US$900 million to PEMEX’s subsidiary for modernization of Tula and Salina Cruz refineriesJones Day represented Bancomext, Banobras and NAFIN (Mexican development banks) and PEMEX, in connection with the amendment and increase of a bridge loan for up to US$900 million granted to PTI Infraestructura (a subsidiary of PEMEX), with PEMEX as joint obligor.
  • Ainda Energía & Infraestructura acquires minority stake in Jaguar Solar HoldingsJones Day advised Ainda Energía & Infraestructura, S.A.P.I. de C.V. in (a) the acquisition through Trust 2695 (Fideicomiso Irrevocable de Emisión de Certificados Bursátiles Fiduciarios de Desarrollo) and Trust 3436 (Fideicomiso Irrevocable de Administración) of up to 19.47% of the capital stock of Jaguar Solar Holdings, S.A. de C.V., holding company and owner of 99.99% of 6 SPVs owners of 6 photovoltaic projects with a combined generation capacity of up to 180MW; and (b) 2 purchase options to increase its participation in the capital stock of Jaguar Solar Holdings, S.A. de C.V.
  • Syndicate of lenders provide $300 million green financing to FUNO for development of "Mitikah"Jones Day advised Banco Santander (as green agent, administrative agent, and lender), BBVA, HSBC, Banco Sabadell (Sabcapital), Banregio, and Intercam Banco (as lenders) in the execution of a green credit facility in Mexican pesos equivalent to US$300 million granted to a vehicle controlled by Fibra UNO (FUNO) for the construction and development of "Mitikah", a mixed-use residential, business, and commercial real estate project located in Mexico City.
  • Major news content producer obtains MXN$760 million financingJones Day represented a major news content producer in connection with the MXN$760 million loan agreement with Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México for: (i) the partial payment of the consideration under certain Assignment Agreement regarding certain contracts for programming, provision of services, personnel, and license of certain intellectual property rights, all of them related to the news business of one of the largest Mexican multimedia company; and (ii) general corporate purposes and working capital.
  • Mexican development banks provide US$300 million bridge loan to PEMEX’s subsidiary for modernization of Tula RefineryJones Day represented Bancomext and NAFIN (Mexican development banks) in connection with a US$300 million bridge loan granted to PTI Infraestructura (a subsidiary of PEMEX) with PEMEX as joint obligor.
  • Banco Santander (Spain), Caixabank, and Crédit Agricole Corporate and Investment Bank (Spain) provide €193.3 million subordinated loan to Abent 3T for development of cogeneration plant in MexicoJones Day represented Banco Santander (Spain), Caixabank, and Crédit Agricole Corporate and Investment Bank (Spain) in granting a subordinated loan to Abent 3T, S.A.P.I. de C.V., in Mexican pesos equivalent to €193.3 million granted for the development of a 220 MW cogeneration plant located in the state of Tabasco, Mexico.
  • Banco Santander refinances credit facility granted to Abent 3T for development of 220 MW cogeneration plant located MexicoJones Day represented Banco Santander (Spain) in the refinancing of a credit facility in Mexican pesos equivalent to US$411 million granted to Abent 3T, S.A.P.I. de C.V. for the development of a 220 MW cogeneration plant located in the state of Tabasco, Mexico.
  • Tabasco Energia España acquires majority interest in Abent 3TJones Day advised Tabasco Energia España, a subsidiary of Banco Santander, S.A., on its acquisition from A3T Luxco1 of the majority interest in Abent 3T, a project company which owns a 220 MW cogeneration plant in Tabasco, Mexico.
  • Banco Santander México and BBVA Bancomer grant sustainability linked revolving credit agreement for MXN$13.5 billion and US$410 million to Fibra UnoJones Day acted as special Mexican counsel to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México, (administrative agent), BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer (sustainability agent), and other lenders, in connection with a sustainability linked revolving credit agreement for up to the aggregate principal amount of MXN$13.5 billion (US$700 million) and US$410 million granted to Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver, acting solely and exclusively as trustee under Trust number 1401 (Fibra Uno).
  • Banco Santander México provides $86.85 million credit facility to Inmobiliaria Conjunto PolancoJones Day represented Banco Santander México in the execution of a $86.85 million credit facility provided to Inmobiliaria Conjunto Polanco, S.A.P.I. de C.V., a subsidiary of Grupo Gigante, for the construction and development of Miyana, a mixed-used residential and commercial development company located in Mexico City.
  • Banco Santander and Banco Inbursa provide credit facility to Abent 3T for refinancing of 220 MW cogeneration plant in Tabasco, MexicoJones Day advised Banco Santander in Spain and Mexico and Banco Inbursa as mandated lead arrangers in the execution of a credit facility in Mexican pesos equivalent to US$381 million granted to Abent 3T, S.A.P.I. de C.V. for the refinancing of a 220 MW cogeneration plant located in the state of Tabasco, Mexico.
  • MEXCAT and the Ministry of Finance of Mexico successfully complete US$1.8 billion tender offer of bonds and consent solicitationJones Day represented the Mexican Private Trust known as MEXCAT and the Ministry of Finance of Mexico in connection with the issuance of four series of bonds under a Rule 144A offering in the amount of US$6.0 billion in the tender offer to re-purchase up to US$1.8 billion bonds and consent solicitation to remove from the indentures all references to the collateral consisting on revenues of the New Mexico City Airport.
  • Cemex and Pattern Energy complete financial closing of sale of San Matias windfarmJones Day represented Cemex, S.A.B. de C.V. and Pattern Energy Group in the sale of 100% of the outstanding equity interest of Fuerza Eólica de San Matías, S. de R.L. de C.V., a project company which owns a 30 MW wind electricity generation project under development in Baja California, Mexico, commonly known as “San Matías”.
  • Banco Santander provides financing to Concesionaria Autopista Silao for the Silao Toll Road projectJones Day represented Banco Santander, S.A. in connection with a bridge loan granted to Concesionaria Autopista Silao, a Grupo México subsidiary, with the single purpose of financing: (i) the construction and equipment of the Silao Toll Road (ii) the financing expenses of the project; (iii) the corresponding value-added tax; (iv) the external partners services fees; and (v) the acquisition of the Rights of Way.
  • Grupo Aeroportuario de la Ciudad de México completes MXN$30 billion IPO of Fibra E Shares on Mexican Stock ExchangeJones Day advised Grupo Aeroportuario de la Ciudad de México, S.A. De C.V. in connection with its MXN$30 billion (US$1.6 billion) initial public offering of Fibra E Shares on the Mexican Stock Exchange.
  • Ferrocarril y Terminal successfully defends against Mexican Competition Authority investigation of market conditionsJones Day successfully represented Ferrocarril y Terminal del Valle de México, S.A. de C.V. in an investigation of market conditions performed by the Comisión Federal de Competencia Económica (COFECE).
  • BBVA Bancomer-led syndicate completes MXN$16.5 billion global offering of Common Shares by GMéxico TransportesJones Day advised BBVA Bancomer SA, Credit Suisse, Santander, GBM, and Inbursa, as underwriters, in connection with the MXN$16.5 billion (US$861.6 million) global offering of Common Shares by GMéxico Transportes, S.A. de C.V., the largest railroad company in Mexico.
  • Grupo Aeroportuario de la Ciudad de Mexico completes $4 billion Green Bond offeringJones Day advised Grupo Aeroportuario de la Ciudad de Mexico on Mexican law matters for the issuance of USD$4 billion Green Bonds, through the Mexico City Airport Trust.
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    May 2021 Commentary

    June Elections in Peru and Mexico Raise Specter of Further Threats to Foreign Investments

    May 2017 Commentary

    Mexico Introduces Industrial Safety and Environmental Protection Provisions for Hydrocarbon Pipelines

    August 2016 Alert

    Mexico Oil and Gas: Pemex Announces Bidding Process for Trion Block

    July 2016 Alert

    Mexican National Hydrocarbons Commission Publishes Round Two Bid Guidelines

    March 2016 Alert

    End of PEMEX's Downstream Monopoly in Mexico

    December 2015 Alert

    Mexico Announces First Deepwater Oil and Gas Auction

    September 2015 Alert

    Framework for Mexican Investment Trusts in Energy and Infrastructure Is Now Official

    September 2015 Alert

    Mexico Releases Framework for Investment Trusts in Energy and Infrastructure

    July 2015 Commentary

    Mexico's Energy Ministry Plans Auctions for Extraction, Exploration Rights

    June 2015 Commentary

    Mexico's Federal Electricity Commission Announces New Projects for US$10 Billion
    View All

    Speaking Engagements

    • 10 de junio de 2014
      Reformas Constitucionales en México: transformando el sector energético
    • June 10, 2014
      Reformas Constitucionales en México: transformando el sector energético
    • May 14-15, 2014
      United States-Mexico Chamber of Commerce Annual Conference
    • March 11, 2014
      Mexico: A New Horizon for Oil & Gas

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