José A.Estandía

Partner

Mexico + 52.55.3000.4081

José Estandía has more than 25 years' experience leading M&A and project finance transactions in Mexico's energy sector for clients focused on power, renewable energy, natural gas, and oil terminals. He has extensive experience with renewable projects, representing participants in the negotiation and implementation of power purchase agreements (PPAs); energy coverage agreements (ECAs); engineering, procurement, and construction agreements (EPCs); and operation and maintenance agreements (OMs). José's practice includes counseling oil companies in connection with the commercialization of gasoline and diesel in Mexico. He also serves as the Mexico City Office administrative partner.

José assists clients with the full spectrum of regulatory instruments, policies, grid fees, and criteria imposed upon the electricity industry by the Ministry of Energy (SENER), the Energy Regulatory Commission (CRE), the National Energy Control Center (CENACE), and the Federal Electricity Commission (CFE). In addition, José advises companies in the electricity industry regarding the local and international protection and defense of their rights related to the implementation of governmental regulations.

José's most recent transactions include the acquisition of several solar power plants with an installed capacity up to 700 MW located in the states of Durango and Zacatecas, Mexico. In addition, he advised a subsidiary of Grupo Iberdrola in the financing of a 220.5 MW wind farm. He also assisted Hoteles Presidente and Grupo Gigante and its subsidiaries as offtakers in the elaboration and negotiation of several PPAs.

José is a member of the Mexican Bar Association and the Mexican Academy of Energy Law (Academia Mexicana de Derecho Energético). He is a coauthor of various articles on Mexican energy topics.

Expérience

  • Toyota Motor Manufacturing negotiates power purchase agreement with CFE Calificados, S.A. de C.V.Jones Day assisted Toyota Motor Manufacturing de Guanajuato, S.A. de C.V. as off-taker in the drafting and negotiation of a power purchase agreement with CFE Calificados, S.A. de C.V.
  • Desarrollos Eólicos Mexicanos de Oaxaca 2, Renovalia's subsidiary, refinances MXN$3.5 billion banking debtJones Day represented Desarrollos Eólicos Mexicanos de Oaxaca 2, S.A.P.I. de C.V., a Renovalia subsidiary, in connection with the refinancing of its MXN$3.5 billion (US$177.5 million) banking debt with Banco Mercantil del Norte, S.A., Institución de Banca Múltiple; CaixaBank, S.A.; and Nacional Financiera, S.N.C., Institución de Banca de Desarrollo.
  • Grupo Gigante refinances more than MXN$10 billion peso banking debt in multi-phase transactionJones Day represented Grupo Gigante in connection with a multi-phase refinancing of its more than MXN$10 billion peso banking debt, which included the banking debt of Grupo Gigante (parent company), and its principal subsidiaries, Grupo Restaurantero Gigante (formerly known as Grupo Toks), Office Depot de México, and Gigante Grupo Inmobiliario.
  • Grupo Porcicola Mexicano negotiates power purchase agreementJones Day assisted Grupo Porcicola Mexicano, S.A. de C.V., as consumer, in a power purchase agreement with Eólica del Golfo 1, S.A. de C.V., as producer, for 40,000 MWh per year.
  • Grupo Gigante obtains MXN$1.8 billion syndicated credit facilityJones Day assisted Grupo Gigante, S.A.B. de C.V., a large Mexican conglomerate with operations in specialized retail, casual dining restaurants, and real estate, in connection with a new MXN$1.8 billion syndicated credit facility which is secured by a security trust arrangement.
  • Opdenergy divests majority stake in two solar photovoltaic plants in Mexico totaling 144MWp and forms Vera RenovablesJones Day represented Otras Producciones de Energía Photovoltaica, S.L. ("OPDE"), a member of the OPDE Group, in connection with the sale of 80% of its equity interests in two photovoltaic power plants, and associated electrical substations and interconnection lines, located in the Mexican states of Aguascalientes (34.2 MW) and Coahuila (82.5 MW) to an affiliate of Riverstone Holdings, an energy and power-focused private investment firm.
  • Grupo Gigante negotiates power purchase agreementJones Day advised Grupo Gigante and its subsidiaries, as consumers, in the elaboration and negotiation of a 29,974,464 kWh per year Contract of Generation and Delivery of Electric Energy (PPA) with Sol de los Manzanos, S. de R.L. de C.V. (Gas Natural del Noroeste's subsidiary), as producer.
  • Spanish bank provides financing for construction and installation of two substation works located in State of Veracruz, MexicoJones Day represented a Spanish bank in connection with the financing for the construction and installation of two substation works with 115 kV voltages and a total capacity of 20 MVAr of compensation and 1 high voltage surge, and of a high-voltage line with 115 kV voltage, which will be located in the State of Veracruz, Mexico and to be owned by CFE Distribución.
  • Iberdrola acquires Tamazunchale Energía, S.A.P.I. de C.V.Jones Day advised Iberdrola Energía Tamazunchale, S.A. de C.V. and Iberdrola Generación México, S.A. de C.V in the acquisition from PROTAMA, S.A. DE C.V., as seller, of 100% of the stock capital of Tamazunchale Energía, S.A.P.I. de C.V., a company which is developing a cogeneration project with an installed capacity of 532 MW in San Luis Potosí, Mexico.
  • Hoteles Presidente negotiates power purchase agreementJones Day advised Hoteles Presidente, as the consumer, in the elaboration and negotiation of a 39,315,000 kWh per year Contract of Generation and Delivery of Electric Energy (PPA) with Abent 3T, S.A.P.I de C.V. as the producer.
  • Parque Industrial de Energía Renovable and PIER IV enter into credit contract to fund windfarm energy projects in Puebla, MéxicoJones Day advised Parque Industrial de Energía Renovable, S.A. de C.V. and PIER IV, S.A. de C.V., as borrowers, in a Simple Credit Opening Contract with Fiduciary and Pledge Guarantees in connection with windfarm energy projects in Puebla, Mexico.
  • Toyota Motor Manufacturing negotiates power purchase agreement with CFE CalificadosJones Day assisted Toyota Motor Manufacturing de Guanajuato, S.A. de C.V. as off-taker in the drafting and negotiation of a power purchase agreement with CFE Calificados, S.A. de C.V.
  • Elecnor assigns $10.3 million of credit rights from contracts with the Comisión Federal de ElectricidadJones Day advised Elecnor, S.A. and Elecnor México, S.A. de C.V. regarding a US$10.3 million assignment of credit rights by Elecnor, S.A. and Elecnor México, S.A. de C.V. to Bankia, S.A. in connection with two contracts of works with the Comisión Federal de Electricidad.
  • Procter & Gamble Manufacturing México negotiates power purchase agreement with Energía de ApizacoJones Day assisted Procter & Gamble Manufacturing México, S. de R.L. de C.V., as Consumer, in the elaboration and negotiation of a Contract of Generation and Delivery of Electric Energy (PPA) with Energía de Apizaco, S.A.P.I. DE C.V., as Producer.
  • Toyota Motor Manufacturing negotiates long term natural gas commercialization agreement with Igasamex BajíoJones Day assisted Toyota Motor Manufacturing de Guanajuato, S.A. de C.V., as user, in the elaboration and negotiation of a long term natural gas commercialization agreement with Igasamex Bajío, S. de R.L. de C.V.
  • Desarrollos Eólicos Mexicanos de Oaxaca 2, Renovalia's subsidiary, obtains MXN$3.5 billion loanJones Day advised Desarrollos Eólicos Mexicanos de Oaxaca 2, S.A.P.I. de C.V., a Renovalia subsidiary, in connection with a MXN$3.5 billion (US$177.5 million) loan provided by Banco Mercantil del Norte, S.A., Institución de Banca Múltiple; CaixaBank, S.A.; and Nacional Financiera, S.N.C., Institución de Banca de Desarrollo and its collateral agreements.
  • Banco Popular provides financing for US$14 million of credit rights by Ingenieria y Servicios ADM, S.A. de C.V.Jones Day advised Banco Popular Español, S.A. in connection with a US$14 million assignment of credit rights by Ingenieria y Servicios ADM, S.A. de C.V.
  • Iberdrola Renovables México subsidiary obtains financing for wind farm project in Puebla, MexicoJones Day advised Pier II Quelcholac Felipe Ángeles, S.A. de C.V., a subsidiary of Iberdrola Renovables México, S.A. de C.V., in connection with a MXN$1.121 billion (US$60 million) loan provided by Nacional Financiera, S.N.C., Institución de Banca de Desarrollo for the construction and development of a wind farm project with a total generating capacity of 66 MW located in Puebla, Mexico.
  • INVEX Infraestructura 4 purchases port terminal in Tuxpan, VeracruzJones Day advised INVEX Infraestructura 4, S.A.P.I. de C.V. and one of the largest midstream service companies in Mexico in the purchase of the entire stock of Compañía Terminal de Tuxpan, S.A. de C.V. ("CTT"), holder of a Partial Assignment and Assumption Agreement (Contrato de Cesión Parcial de Derechos y Obligaciones) executed with the Administración Portuaria Integral de Tuxpan, S.A. de C.V. in connection to a port terminal at the Port of Tuxpan, Veracruz.
  • Solairedirect acquires Sol de InsurgentesJones Day assisted Solairedirect, a global renewable company of Engie corporate group, in the acquisition of Sol de Insurgentes, S. de R.L de C.V., a company the CENACE awarded the first long term auction and which is currently developing a 23 MWac photovoltaic power generation project in the State of Baja California Sur in the municipality of Comondú.
    • June 19, 2015
      Roundtable: Renewable Energy Infrastructure, Diversifying, the Energy Matrix 3rd Annual Mexico Capital Projects & Infrastructure Summit 2015
    • April 30, 2015
      Opportunities in Downstream Opened by the Energy Reform, Mexican Energy Opportunities Summit
    • June 10, 2014
      Reformas Constitucionales en México: transformando el sector energético
    • 10 de junio de 2014
      Reformas Constitucionales en México: transformando el sector energético
    • March 11, 2014
      Mexico: A New Horizon for Oil & Gas
    • February 2012
      First Energy & Natural Resources Conference Mexico