Last high-level side group to join the elite cabinet
NEW YORK, May 16, 2022 /PRNewswire/ — Paul Hastings, a global law firm that advises leading financial institutions, asset managers and corporations, today announced the addition of a senior group of side companies specializing in projects and project financing in the energy transition and infrastructure of Shearman & Sterling. The recognized Band 1 group, which represents some of the most prominent asset managers and largest banks in the world, includes three leading partners who will join the company in New Yorkadvancing Paul Hastings position as one of the world’s leading companies in the field of energy transition and infrastructure with a global team focused on United States, Europe and Latin America. Paul Hastings is one of the world’s strongest finance companies in the areas of leveraged finance, direct lending and private credit, and capital markets, from real estate finance to energy, projects and infrastructure financing.
The partners – Robert FreemanAlexandro M. Padres, and Gregory Tan – are among the most prominent in their field globally, with top rankings in the gold standard of attorney rankings, Chambers and partners. Upon joining the firm, Freedman and Tan will co-chair Paul Hastings Practical infrastructure and energy.
The arrival of this prestigious group follows Paul Hastings Added 18 elite financial restructuring partners in New York the company’s continued focus on strategic investments in growth areas, given broader macroeconomic and legal trends. The energy transition and decarbonization imperative is generating unprecedented capital, including more than $1 trillion in global transactions in 2021 – across a wide range of products relevant to the firm’s clients and key practice areas.
“This outstanding group is defined by superior intellectual capital, execution and reputation,” said Seth Zachary, chairman of Paul Hastings. “Widely recognized as a top five infrastructure and energy firm, this group adds synergies and client value to our existing foundation through our leading infrastructure and energy transition firm,” said -he adds.
“Paul Hastings is enjoying a unique moment when the firm is firing on all cylinders – from the firm’s forward-looking growth strategy, outstanding financial results and the obvious attraction of the world’s best lawyers, it is clear that something exciting is happening within the firm. “, Freedman said. “The opportunity to join Paul Hastings was incredibly attractive, and so was the timing. The energy transition and infrastructure space is incredibly dynamic and we are placing a stake in the ground that says we want to be the company of choice for customers who want to be ahead of the game,” he said. added.
Tan added, “At this watershed moment for many industries, the opportunity for us to join forces with the exceptional financial and business practices of Paul Hastings, as the company focuses on sectors of transition energy and infrastructure, was “a once in a lifetime opportunity for us, and we are very happy for ourselves and our customers.
Robert Freeman was previously co-head of the global project development and finance group and senior industry coordinator for energy at Shearman & Sterling. He focuses on finance and development, asset acquisitions and divestitures, and complex developments and restructurings of infrastructure assets across all infrastructure sectors, including energy, renewables and sustainable development, and transport. Its clients include large corporations, private equity and other institutional investors, banks and financial institutions.
Gregory Tan was previously Global Project Development & Finance Practice Group Leader as well as Co-Head of Global Finance at Shearman & Sterling. His practice focuses on project development, limited-recourse and structured financings, and restructurings in the renewable and conventional energy, oil and gas, transportation, and digital infrastructure sectors in United States and Latin America. He represents corporate and financial sponsors, as well as leading lenders, financial institutions and funds.
Alexandro M. Padres
Alexandro M. Padrés was head of the Latin America practice group and a partner in the Project Development and Financing practice of his previous firm. He focuses on infrastructure projects related to the electricity (both conventional and clean/renewable), oil and gas telecommunications, and metals and mining sectors, with particular emphasis on Mexico and Latin America. He is recognized as a Band 3 lawyer by Chambers Latin America, Legal 500 Latin America, and Legal 500 Mexico, and was named a Rising Legal Star by Latin Business Chronicle.
More recently, his practice has consisted of portfolio financings in several jurisdictions around the world. Latin America (in various terms and levels of complexity), including advising sponsors and lenders on the financing of renewable energy projects being developed under the auspices of power purchase agreements under the new legislative framework in Mexico arising from the 2013 constitutional energy reform, as well as the development and financing of gas transmission infrastructure and historic projects of independent power producers in Mexico issued by the Comisión Federal de Electricidad (CFE).
Padrés also represents sponsors and lenders throughout Latin Americaincluding more recently on the financing of contracted transmission line projects and desalination projects in Chile. He advises various sponsors, such as Engie, AES Corporation, and numerous multilateral agencies, regional and local development banks and export credit agencies in all aspects of project and infrastructure financing.
Propelled by strong demand in his M&A, Private Equity, Securities & Capital Markets, Structured Credit and Real Estate practices over the past year, Paul Hastings has delivered strong financial performance, with his New York, London and California offices responsible for a large share of the growth. The new group of laterals adds top talent to serve the firm’s best clients, including the world’s most successful and largest investment banks, asset managers and corporations.
About Paul Hastings
Dedicated to helping leading investment banks, asset managers and firms on Wall Street and around the world achieve their business and legal goals, Paul Hastings is a leading global financial law firm with elite teams in finance, mergers and acquisitions, private equity and litigation. We are one of the few law firms ranked in several core financial areas including: structured credit, leveraged finance, private credit, capital markets and real estate finance.
Our unparalleled client service has helped us become one of the most admired firms in the legal profession, known for its diverse and highly collaborative culture that delivers innovative solutions.
SOURCEPaul Hastings LLP