Monica Borda-Olarte

Primary Focus & Experience

Ms. Borda-Olarte’s practice focuses on the representation of lenders, sponsors, financial institutions and other project participants in a range of cross-border and domestic project financings. Her recent representations include: 

• Silicon Valley Bank, BankUnited, Atlas Securitized Products, Cadence Bank and Comerica in the $450 million construction financing and warehouse financing for a 300 MW portfolio of community solar assets across the United States.
• Scotiabank as bridge lender in connection with the financing to support the acquisition and operation of a 144-kilometer seawater pipeline that transports 1,281 L/s of seawater to the mining sites of Minera Antucoya and Minera Centinela, and the design, construction, commissioning and operation of a new water pipeline parallel to the existing pipeline to provide seawater to Minera Centinela’s mining site.
• BNP Paribas, Citibank and Scotiabank as the joint lead arrangers and lenders in connection with the $441 million acquisition financing of a 49% stake to be held by Global Infrastructure Partners in a 734 MW renewable power portfolio in Chile.
• Silicon Valley Bank, BankUnited, JPMorgan, Cadence Bank and Comerica in the $200 million construction financing for a 100 MW portfolio of community solar assets in Colorado, Maryland, Illinois, Hawaii, Minnesota, New York, California.
• Global Container Terminals Inc. on the sale of its GCT USA assets to CMA CGM Group, a global shipping and logistics leader based in Marseille, France, and the refinancing of its indebtedness through a private placement.
• Blackstone Credit in connection with the financing of its acquisition of 49% ownership interest in Elba Liquefaction Company, a joint venture entity of the Elba Island LNG facility.
• The financing of the electric bus concession of the Transcaribe Mass Transport Integrated Bus System granted in Cartagena, Colombia.
• The $280 million mezzanine construction finance facility to Mainstream Renewable Power for the development of a three-phase portfolio of wind and solar generation platform in Chile.
• The lenders in the financing of the Atacama 171 MW solar PV power plant in the Atacama Desert in Chile.
• The lenders in the $150 million financing of the Cañadón León 122 MW wind farm that YPF Energía Eléctrica SA (YPF Luz) in Argentina.
• A Mexican infrastructure fund on the acquisition, development, financing and partial sale of the approximately $1 billion, 396 MW Marena wind project in Mexico.
• The lenders in approximately $150 million of senior secured loan facilities for a portfolio of utility-scale solar projects in Honduras.

Recognition & Accomplishments

Ms. Borda-Olarte earned her LL.M. from Stanford Law School, where she was an editor for the Stanford Environmental Law Journal and an officer of the Stanford Energy Club, and her J.D equivalent from Universidad de los Andes.

Ms. Borda-Olarte is a native Spanish speaker.