Partner

Kaleb Sanchez

Projects & Infrastructure, Banking & Finance, Structured Finance

New York +1 212 506 2306

ksanchez@mayerbrown.com

Overview

Kaleb Sanchez advises commercial banks, private equity firms and other financial institutions (including insurance companies), as well as sponsors and borrowers, in a broad range of financing transactions. His experience includes domestic and cross-border project financings, acquisition financings, equipment leasing, warehouse facilities and restructuring transactions. Kaleb’s experience also includes a wide range of asset types, including solar, storage and wind assets, real estate, equipment, shipping containers, film receivables and other esoteric assets.

Experience

Representative Matters:

Represented Natixis, CIBC, Wells Fargo, Rabobank and Nomura as Coordinating Lead Arrangers, Lenders, Issuing Banks and/or Agents in a $1.1 billion green loan facility to finance the construction of 3 solar energy projects located in Tennessee, Ohio and Indiana, respectively, sponsored by Invenergy.
Represented the coordinating lead arrangers, First Citizens Bank & Trust Company, Norddeutsche Landesbank Girozentrale, and Denham Sustainable Infrastructure Capital, in Denham Sustainable Infrastructure Capital’s provision on behalf of its clients of a construction-to-term loan of $90 million, Norddeutsche Landesbank Girozentrale’s provision of a letter of credit facility of approximately $24 million, and First Citizens Bank & Trust Company, Norddeutsche Landesbank Girozentrale, and National Bank of Canada’s provision of an approximately $212 million tax equity bridge loan. The financing supports the 185 MW solar photovoltaic and 400 MWh energy storage Escape Project in Lincoln County, Nebraska, which is contracted to sell power to three casinos and a local power district.
Represented Bank of America, MUFG and The Bank of Nova Scotia as Lead Arrangers, Lenders and/or Agents, in Bank of America’s and The Bank of Nova Scotia’s provision of a $112 million loan and letter of credit facility in connection with the acquisition by affiliates of Arclight Capital Partners of a portfolio of approximately 159 solar projects owned by Duke Energy, and in Bank of America’s, MUFG’s and The Bank of Nova Scotia’s provision of a $110 million green loan facility in connection with the acquisition by affiliates of Arclight Capital Partners of a portfolio of approximately 71 fuel cell energy projects owned by Duke Energy. The financing helped support Arclight Capital’s acquisition of Duke Energy’s commercial distributed generation business.

Represented lenders in equipment leasing and sale-leaseback transactions of renewable energy assets.
Represented a private equity firm and an insurance company as purchasers in an approximately $110 million investment tax credit transfer transaction for a utility-scale wind project located in Arizona and a solar and battery storage project located in California, each owned by subsidiaries of The AES Corporation.
Represented a private equity firm as purchaser in an investment tax credit transfer transaction for solar and storage projects developed by Sunrun.
Represented a private equity firm in various pre-NTP development loan facilities and construction-to-term facilities for the development and construction of renewable energy projects in the United States.
Represented X-Elio Energy, as sponsor, in a debt financing provided by International Finance Corporate and Banco Sabadell for the 100 MW Perote II Solar Project located in in the Mexican state of Veracruz.
Represented Allianz Global Investors in a $760 million debt financing transaction, in the form of a bond, to finance a portion of a portfolio of solar projects held by 8point3 Energy Partners. The deal was awarded 2019 North America Renewable/ Battery Project Finance Deal of the Year by Power Finance & Risk.
Represented MUFG, as lead arranger, in the construction loan for Kings Point Wind Farm (150 MW) and North Fork Wind Farm (150 MW), sponsored by Algonquin being developed in Missouri. The Kings Point and North Fork wind farms will generate a total of about 300 MW.
Represented MUFG and Santander in the construction loan for Neosho Wind Farm (301 MW) sponsored by Algonquin being developed in Kansas.
Represented Global Atlantic Financial Group providing term debt for five utility-scale solar projects in Culberson County, Texas and Riverside County, California with an approximately 1.7 gigawatts (GWp) being developed by SoftBank Energy Corp.
- Athos I – 250 MW
- Athos II – 200 MW
- Juno – 300 MW
- Titan – 270 MW
- Aragorn – 260 MW
Represented lenders and lead arrangers in connection with back-leverage, construction and term financings of renewable energy projects in the U.S. and Latin America.
Represented lenders and lead arrangers in connection with the financing of oil, gas and helium projects located in Indian land in Utah and Arizona.
Represented lenders and borrowers in connection with financings of solar projects under Chile’s distributed generation (PMGD) program.
Advised lenders and agents in the restructuring of credit facilities in respect of renewable energy projects and other asset classes.
Represented lenders and lead arrangers in an acquisition financing involving the divestiture and acquisition of drilling activities in Latin America and Africa.
Represented sponsors and borrowers in multiple corporate facilities for a leading owner and lessor of intermodal shipping containers.
Represented sponsors and borrowers in real estate warehouse facilities.
Represented monoline insurers in whole-business securitizations of esoteric assets, as well as in commutation of exposure to loan programs.

Education

The George Washington University Law School, JD
Editor, The George Washington Law Review
The City University of New York, BA, magna cum laude

Admissions

New York

Languages

English
Spanish