Jorge Cervantes

González Calvillo - Mexico

Partner

Mexico City

+5255 5202 7622

Highly regarded

Spanish
English


Bar admissions:

Mexico

Jurisdictions:

Mexico

Practice areas:

Banking


Mr. Cervantes specializes in M&A, Project Finance, Private Equity, Energy and Infrastructure transactions. He has extensive experience and knowledge advising parties in a wide range of complex national and cross-border projects in Mexico, representing sponsors, developers, investors, financial institutions, banks, lenders and governments on all kinds of acquisitions, dispositions, joint ventures, projects and financings. 

  • Counsel to Citigroup, Sumitomo Mitsui Banking Corporation, BNP Paribas, JPMorgan Chase, and The Bank of Nova Scotia, acting as Joint Lead Arrangers and Joint Bookrunners  in a simultaneous syndicated credit facility and a Rule 144A / Reg. S bond offering to allow private equity fund Actis to successfully complete its acquisition of global power-generation company InterGen’s business interests in Mexico, including the purchase of 2,200 MWs in operation with six combined-cycle power generation projects, a 155 MW wind project with partner IEnova, a 65-kilometer natural-gas pipeline, and 3 natural gas-compression stations, for an enterprise value of US$1.256 billion. This is the first time that a project acquisition in Mexico of this size is executed with the use of bond proceeds
  • Counsel to Macquarie Capital and Techint, as sponsors, in the highly complex USD$1.2b acquisition, development and project financing of the landmark 907MW Norte III power plant in Mexico, which will generate power for the Federal Electricity Commission pursuant to a 25-year PPA. This transaction was named LATAM Power Deal of the Year by Project Finance International (Thompson Reuters); Latin American Power & Overall Deal of the Year by IJ Global (Euromoney); and as Project Finance Deal of the Year by Latin Lawyer. 
  • Counsel to Macquarie Capital in the USD$56 million sale to an SPV of InfraRed Capital Partners and Invex Infraestructura, of a 45.5% stake in Norte III Power, S.A.P.I., which owns the 907 MW Norte III power plant in Mexico for the generation of electricity for the Federal Electricity Commission pursuant to a 25-year PPA.
  • Counsel to a subsidiary of Chevron Corporation in connection with the negotiation and execution of a long-term Terminal Services Agreement with an affiliate of Infraestructura Energética Nova, S.A.B. de C.V. for the storage of gasolines and diesel in a new USD$130 million refined products terminal in the State of Baja California in northern Mexico, as well as in related agreements for an option to acquire 20% of the equity of the terminal.
  • Counsel to Chevron Combustibles de México in connection with a long-term storage contract for gasoline and diesel in a new terminal to be built by IEnova in the API of Topolobampo, Mexico. 

  • M&A
  • Private equity
  • Project development
  • Project finance
  • Real estate finance

  • Energy
  • Investment management
  • Oil and gas
  • Real estate
  • Tech and telecoms

  • Member of the Association of International Petroleum Negotiators 
  • Founding Member – Latin American Law Alumni Association Advisory Board of Georgetown University 
  • Ex.Secretary of the Mexican Association of Real Estate and Infrastructure Private Equity Funds
  • Ex-Chairman – Alumni Admission Program (México), Georgetown University
  • Ex-President of the Board of Trustees of the John Langdon Down Foundation, A.C.
  • Ex-Member of the Executive Committee of Mackrell International, an International Network of Law Firms
  • Secretary of the Board of Directors of Innova Holdings, S. de R.L. de C.V., Innova, S. de R.L. de C.V. (and subsidiaries), the operator of SKY Satellite TV in Mexico

  • Masters of Laws degree (LLM) from Georgetown  University (1988)
  • Georgetown University (Introduction into the U.S. Legal System, 1987)
  • JD degree from the Escuela Libre de Derecho (1987)