Milbank LLP has advised Lumina Capital Management in connection with the refinancing of New Fortress Energy Inc.’s (NASDAQ: NFE) business in Brazil, which comprises an integrated portfolio of LNG terminals and downstream gas/power projects. The proceeds from the financing will be used to repay certain indebtedness and to finance NFE’s new LNG-related projects in Brazil.
“We are pleased to advise Lumina again on another important financing for NFE, which sets industry standards in the region and globally through its LNG-to-power business model,” said Dan Bartfeld, Chair of the firm’s Global Project, Energy and Infrastructure Finance Group.
“Lumina continues to be increasingly active in structured financings in Latin America, and we are honored to continue to advise them on the most innovative financings impacting the region,” added São Paulo-based Corporate Finance and Securities partner Tobias Stirnberg.
Lumina is an investment manager with $2.4 billion in assets under management focused on strategic solutions, including credit and equity investments, across Latin America. NFE is a global energy infrastructure company founded to accelerate the world’s transition to reliable, affordable, and clean energy.
The Milbank team advising Lumina was led by Dan Bartfeld and Jonathon Jackson in New York, and Tobias Stirnberg in São Paulo. The team also included special counsel Fernando Capellão, associates Elora Farias and Natália D’Avila and international attorney Rafaella Barbosa Boccia.
