Alec Borisoff is a partner in the New York office of Milbank and is a member of the firm's Project, Energy and Infrastructure Finance Group. He was previously resident in the firm’s Washington, DC office and from 2012-2017 headed the firm’s Tokyo office.
New York
Primary Focus & Experience
Alec's experience includes the representation of project sponsors, financial institutions, export credit and multilateral development agencies and other project participants in a wide range of US and cross-border project and structured financings, investment transactions and restructurings, with a particular emphasis on mining, oil & gas, infrastructure and power-related financings. He has significant experience working on complex multi-sourced financings and workouts involving official credit agencies, having represented over twenty multilateral development banks, export credit agencies and other official lending institutions over the past few years.
Examples of Alec’s recent transactions include:
- Significant representations in the mining and metals sector including the $6 billion Quebrada Blanca Phase 2 expansion in Chile (named “Mining ECA-backed Finance Deal of the Year” by TXF Perfect 10); the Pumpkin Hollow copper project in the United States (named “North American Mining Deal of the Year” by IJGlobal); the Fruta del Norte gold project in Ecuador (named “Project Finance Deal of the Year” by IFLR Americas); the Mina Justa copper-silver-gold mine in Peru (named “Mining Deal of the Year” by PFI); the $1.9 billion Antucoya Copper Project in Chile (named “Global Mining Deal of the Year” by IJGlobal); the $2.3 billion Esperanza Copper Project in Chile (named “Mining Deal of the Year” by PFI); the Tasiast Gold Project in Mauritania (named “Africa Mining Deal of the Year” by IJGlobal); and many others including numerous royalty, stream and other alternative finance arrangements.
- A variety of power projects including the $340 million Lekela Wind Project in Egypt; the $1.7 billion Cirebon IPP expansion in Indonesia; the $700 million Jaguar Power Project in Guatemala (named “Project Finance Deal of the Year” by Latin Finance); multiple representations of the US Department of Energy in connection with wind, nuclear and uranium enrichment-related projects; and several projects in Asia, EMEA and the Americas involving the development, financing and/or acquisition of wind, solar, geothermal and biomass assets.
- A wide range of oil & gas transactions including the $5 billion Refineria de Cartagena (Reficar) Refinery Expansion Project in Colombia (named “Deal of the Year” by Trade Finance); the $3.8 billion Peru LNG Project (named “Project Finance Deal of the Year” by Latin Lawyer); the $1 billion Petra Nova Carbon Capture/Enhanced Oil Recovery Project in Texas; as well as substantial additional work involving upstream, midstream and downstream assets.
- Major infrastructure transactions including the $2 billion Metro Line 3 Project in Panama (named “Structured Finance Deal of the Year” by LatinFinance and named “Americas Export Finance Deal of the Year” by TXF Global Awards); the $760 million Montes de Maria toll-road project in Colombia; and many other representations in connection with road, port and other transportation-related projects throughout the Americas.
Alec also has significant experience working on debt restructurings and workouts, acquisition and leveraged financings, M&A and private equity transactions.
Recognition & Accomplishments
Alec is ranked Band 1 in Chambers USA for Agency Financing and is recognized as a leading project finance lawyer by Chambers Global, The Legal 500, IFLR1000 and Who’s Who Legal. He regularly speaks at industry conferences and has recently contributed to and co-authored book chapters on public-private partnerships (published by Kluwer Law International), mine financing and agency funding sources (both published by Oxford University Press), as well as numerous articles appearing in leading publications including Project Finance International, Getting the Deal Through and IFLR, among others. He is fluent in Spanish, French and German.
Education
- New York University School of Law, J.D.
- New York University, M.A.
- New York University, B.A.
Admissions
- New York
- District of Columbia