Fernando Capellão

Special Counsel

Contact
F +1 212.822.5336

New York

55 Hudson Yards

New York, NY US 10001-2163

T +1 212.530.5336

F +1 212.822.5336

Fernando Capellão is special counsel in the New York office of Milbank and a member of the firm’s Project, Energy and Infrastructure Finance Group.

Primary Focus & Experience

Mr. Capellão represents both sponsors and financiers in the acquisition, development and financing of a broad spectrum of natural resource and infrastructure projects, including renewable and conventional power, oil and gas, mining, transportation and digital infrastructure. His experience spans domestic as well as cross-border and multi-jurisdictional transactions throughout Latin America, including Brazil, having represented project developers, commercial bank syndicates, private credit lenders and several export credit agencies and multilateral institutions.

Recent experience highlights include the representation of:

  • The commercial lenders and export credit agencies (including KfW IPEX-Bank, KEXIM, EDC and JBIC) in a number of mining financings in Latin America, including the $2.5 billion financing for the expansion of the Centinela copper mine in Chile, sponsored by Antofagasta and Marubeni, the $2.5 billion financing of the Quebrada Blanca 2 copper mine in Chile, and the $900 million financing of the Mina Justa copper mine in Peru
  • EIG in its private credit investments in clean energy developers Avantus and Modern Energy, and its portfolio company Prumo Logística, in connection with an aggregate $1.1 billion in project bond and private note issuances backed by its investments in Ferroport and Vast, both providers of port terminal services in Rio de Janeiro, Brazil
  • The lenders in the financing of two hyperscale datacenters owned by CyrusOne, a KKR and GIP portfolio company, and leased to Meta
  • The lenders in the $640 million financing for Boldyn Networks (f/k/a Mobilitie), one of the largest operators of data towers, shared network and other telecom infrastructure in the United States
  • GIP in connection with its $500 million preferred equity investment in BrightNight, a developer of solar and storage projects in the United States, and its $130 million mezzanine financing for Puerto Antioquia, in Colombia
  • AMP Energy in the tax equity and debt financing of its $155 million portfolio of community solar and storage projects in New York and Massachusetts
  • The lenders and initial purchasers in the US$1.76 billion bank/bond financing to EnfraGen, a developer, owner, and operator of grid stability and value-added renewable energy infrastructure businesses across Latin America
  • UTE GNA I (GNA) and its sponsors (Prumo Logística, Siemens and BP) in the project financing of a 1300 MW combined cycle power plant and LNG FSRU charter in Rio de Janeiro, with financing from IFC, KfW IPEX-Bank and BNDES
  • Centrais Eléctricas de Sergipe S.A. (CELSE) in connection with the development and greenfield project financing of a 1500 MW combined cycle power plant and related LNG FSRU charter in Porto de Sergipe, Brazil, comprise of a SERV-supported bond issuance and loan facilities from IDB Invest and IFC

Recognition & Accomplishments

Mr. Capellão earned his LL.B. from Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio), Brazil and received a Bachelors in Journalism from the Federal University of Rio de Janeiro (UFRJ), Brazil. He holds an LL.M. from the University of Chicago Law School and an M.B.A. from Columbia Business School.  He speaks English and Portuguese.

Additional Details
Education
  • Columbia Business School, M.B.A.
  • Pontifícia Universidade Católica do Rio de Janeiro, J.D.
  • University of Chicago Law School, LL.M.
  • Universidade Federal do Rio de Janeiro, B.A.
Admissions
  • New York