Leah Chacón focuses her practice on structuring, developing, financing and acquiring energy and infrastructure projects. Her representative matters have included:
- SunEdison, Inc. in the:
- financing of 81.7 MW of solar photovoltaic power plants in the Republic of Honduras with a $146 million nonrecourse debt financing arrangement with the International Finance Corporation, the Central American Bank for Economic Integration and the OPEC Fund for International Development, and the subsequent sale of such solar plants to Globaleq Mesoamerica Energy S.A.;
- financing of the 69.5 MW Javiera solar photovoltaic power plant in the Antofagasta region of northern Chile with up to a $130 million nonrecourse debt financing arrangement provided by Corpbanca and BBVA for its construction, as well as a local Chilean peso VAT facility of $30 million provided by the same banks. This project was named Latin American Solar Deal of the Year for 2014 by IJGlobal;
- financing of the 72.8 MW Maria Elena merchant solar photovoltaic power plant in the Antofagasta region of northern Chile with a nonrecourse senior loan facility of up to $155 million provided by OPIC, the Inter-American Development Bank, the Clean Technology Fund and the New York branch of Corpbanca, as well as a local Chilean peso VAT facility of up to $35 million provided by Corpbanca; and
- $8.7 million sale of its Australian assets and its residential solar business to Flextronics International Ltd. in connection with SunEdison’s Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York;
- InterGen in the sale of its Mexico assets and businesses, including six Combined Cycle Gas Turbines projects comprising 2,200 MW and a 155 MW wind farm, to Actis Group for $1.3 billion (enterprise value);
- Pattern Energy Group Inc., in:
- obtaining a $205 million credit facility for the development of its 122 MW Conejo solar plant in the Atacama Desert in Chile; and
- its $242 million acquisition of the 201 MW Post Rock Wind facility in Kansas and the 150 MW Lost Creek Wind facility in Missouri from Wind Capital Group; and
- TerraForm Power, Inc. in connection with a $500 million secured term loan from various commercial banks, the proceeds of which were used to finance the acquisition of certain renewable energy projects in the U.S. from Invenergy Wind LLC, and certain drop-down assets from SunEdison, Inc.
Previously, she served on the research staff of the Arizona State Senate and as executive consultant of government affairs for the Arizona Corporation Commission, where she served as liaison between the commission and Arizona Legislature with respect to all aspects of the commission’s duties, including regulation of electric utilities.