As part of his practice, Daniel has provided legal counseling to both developers and lenders in the design, implementation, collateralization and development of a number of energy and infrastructure projects, as well as cross-border transactions: these include power—private developers and IPPs—and oil and gas upstream, midstream and downstream projects.
Daniel has actively participated in government procurement processes with different government entities, instrumentalities and regulatory agencies. He also led, participated in and obtained clearances for a number of high-profile mergers from Mexico's antitrust authority. Daniel is knowledgeable about, and has advised clients on, Mexico's anti-bribery laws, the United States' FCPA, the UK's UKBA and Japan's Unfair Competition Prevention Law.
Representative Legal Matters
- Daniel led the team advising Natixis to structure a USD 85 Million bridge, and USD 125 MM long-term financing to Petrolera Cardenas Mora SAPI de CV (PCM)-Mexican affiliate of Egypt’s PICO-Cheiron Holdings’ E&P company–to perform and comply its obligations as Operator under the Farmout Contract awarded by Mexico’s National Hydrocarbons Commission, to jointly develop with Pemex Exploración y Producción the Cardenas-Mora Oilfields. Financing was AIPN English law-governed, with Mexican security package; this was a first-in-kind financing and the first ever consent given by the CNH for a financing structured as an RLB.
- Laguna–Financing. BANCOMEXT and The Korea Development Bank on Hanwha's Mexican affiliate 174 Power Global USD 80 Million financing, for a 101 MW PV Project Daniel led the Mexican team advising BANCOMEXT and KDB in the NY law-governed USD 80 million financing for the development, construction and operation of a 101 MW PV plant in the State of Coahuila, Mexico. Financing is NY law-governed with a comprehensive security package comprising both, Mexican and foreign assets. The Laguna Solar project is a consequence of the award of a long-term power and associated products’ contract with CENACE (Mexico’s power independent system operator), through the so-called "long-term power auctions".
- Daniel led the Mexican team advising Wren House Infrastructure on a multi-jurisdiction transaction comprising USD 550 million investment by the Kuwait Investment Authority (KIA) in Global Power Generation (GPG), the company holding all controlling interests in the global electricity generation business of Spanish gas and electricity group Naturgy (formerly, Gas Natural Fenosa). Secure permits for importation, storage, distribution, and trading of gasoline, diesel, jet fuel and ethanol in Mexico, including advice in quality specifications. KIA is the world's oldest sovereign wealth fund and, is responsible for the management and administration of Kuwait's General Reserve Fund, Future Generation Fund and other funds of the State of Kuwait.
- Daniel represented a consortium of bidders participating in the international bid published by CFE for the construction and operation of the 500 MM CFD LNG regasification terminal at Manzanillo, Colima, Mexico. After award of the project to the consortium integrated Kogas, Mitsui and Samsung - and creation of Terminal KMS de GNL, S. de R.L. de C.V. - Daniel represented the syndicate of banks providing for the project's USD 750 Million financing; this representation comprised the financing structuring, collateralization and regulatory compliance and reporting verification with Mexican authorities.
- Assisted Shell in the initial development of both of its LNG regasification terminal projects in Altamira, Tamaulipas, and Baja California, Mexico. He was involved in the obtainment of the corresponding LNG open-access storage permits from the CRE, the establishment of the corporate vehicles and other regulatory aspects, antitrust, and participated in the negotiation and obtainment of the real estate rights necessary for each project, and in respect of the Altamira LNG project, Daniel participated in Shell's divestment and participation by Total and Mitsui (including obtainment of the necessary regulatory and antitrust approvals and clearance).
- Daniel led the team in the due diligence review, drafting of transaction agreements and initial negotiations in the private–restricted–bid to acquire Naturgy’s Mexican portfolio of assets comprising IPP projects, natural gas transportation and compression facilities. Client decided to with draw its bid at the last stage of the process.
- Daniel represented the group of Japanese sponsors in the USD 1.25 billion - Project Jericho - acquisition of the five IPP and natural gas transportation projects' portfolio formerly owned by Gas Natural. The overall acquisition also entailed obtaining a USD 750 million financing from development and commercial banks, collateralization of assets, as well as the structuring and implementation of the investment vehicles, while in parallel tracks obtaining all governmental approvals required.
- Daniel represented the consortium awarded with the Valladolid III IPP bid for the construction and operation of a 525 MW gas-fired, combined cycle power plant in Valladolid, Yucatan, Mexico; he also assisted the project company and the sponsors in the negotiation and closing of the USD 195 million JBIC project financing and further acted as project counsel in the anticipated divestiture of one of the original sponsors, and from the achievement of COD.
- Daniel successfully represented a variety of Japanese and Italian investors and developers in the acquisition and development of greenfield and brownfield wind farm power projects in Oaxaca, Mexico, including the assumption of rights and obligations as borrowers and guarantors under structured debt financings with syndicated commercial banks, as well as the obtainment and amendment of all necessary governmental approvals and permits.
- Daniel represented and assisted a number of private developers in their own power generation projects, including obtaining the corresponding power permits from the CRE, and negotiation and execution of third-party contractor, procurement and construction agreements.
- Mexico (2002)
- Universidad La Salle, Mexico City (Bachelor of Law) (2001)