Elicia Ling is a Partner in both the Latin America practice and the Infrastructure and Energy practice at Paul Hastings and is based in the firm’s New York office. Ms. Ling acts for sponsors and lenders, roughly equally, on financing transactions and project development throughout the Americas. She advises on financings across the capital stack, including commercial bank loans, 4(a)(2) private placements, holdco and portfolio financings, export credit and multilateral financings, acquisition financings, and mezzanine and junior lien debt. Ms. Ling has closed over 3,000 MW of power projects in the LatAm region in recent years. She is a fluent Spanish and Portuguese speaker who has lived in Argentina, Brazil, and Chile.
- The Legal 500 USA, Project Finance (2022)
- Chambers Global Latin America-International Counsel Project Finance (2022-2023)
- Named "Band 4" by Chambers Latin America Projects, 2020
- Named "Next Generation Partner" by Legal 500 Projects and Energy, 2019-2020
- Named "Up and Coming" by Chambers Latin America Projects, 2019
- Named "Next Generation Lawyer" by Legal 500 Projects and Energy, 2017-2018
- Named "Rising Legal Star in Latin America" by LATINVEX, 2018
- Named "Associate to Watch" by Chambers Latin America Projects, 2018
- Columbia Law School, J.D., 2004
- Universidad de Buenos Aires, Facultad de Derecho, 2003
- Wellesley College, B.A., magna cum laude, 1996
- Elicia is fluent in English, Spanish, Portuguese, and Taiwanese.
- EnfraGen in the USD1.7 billion bank/bond refinancing of a portfolio of renewable energy and conventional power projects across Chile, Panama, and Colombia.
- The 4(a)(2) noteholders and commercial bank lenders in the refinancing of the Ergon off-grid, distributed PV solar project in Peru.
- The 4(2) noteholders and commercial bank lenders in the financing of the Mesa La Paz wind project (306 MW installed capacity) in Mexico owned by AES and Grupo BAL.
- The Lenders in the financing of the Energía Sierra Juarez wind farm (155MW) and associated transmission line owned by IEnova in Mexico.
- The Issuer in the 4(a)(2) private placement financing of the EVM I single-cycle power station (100MW) in Mexico.
- EVM as sponsor in the 4(a)(2) private placement and commercial bank debt financing of the EVM II CCGT power plant (850MW) in Mexico.
- The Lenders in the financing of the Norte 3 CCGT power plant (900MW) in Mexico owned by Macquarie, InfraRed, and Invex.
- Glenfarne Group in the financing of its acquisition of the Termoflores power project in Colombia.
- Calidda in an unsecured loan provided by IDB.
- EIG in the holdco financing of its interest in two gas pipelines in Bolivia and Brazil.
- The Issuer in the holdco financing via a 4(a)(2) private placement of the EVM I and II projects in Mexico.
- Transinnova Usme S.A.S. in the EKN-guaranteed and COP-synthetic financing of the purchase of 260 buses for the Transmilenio bus system in Bogotá, Colombia.
- Trinidad Petroleum Heritage Limited in the restructuring of its senior debt.
- Graña y Montero in the restructuring of its senior debt.
- The Lenders in connection with a USD3 billion revolving credit facility and the bond financing of the USD13 billion new international airport in Mexico City.
Engagement & Publications
- Panelist, "Latin American Investments/Market Update," American College of Investment Council Spring Investment Forum, April 2021.
- Panelist, "Financing Sustainable Infrastructure and Energy in a New Climate Reality," Latin America Business Conference (Latin American Business Associations (LABA) at NYU Stern and Columbia Business School and Young Professionals of the Americas (YPA)), March 2019.
- Moderator, "Filling the infrastructure gap: The developing role of institutional investment as a source of capital in Latin American infrastructure projects," Euromoney Seminars’ 12th Annual Latin American Energy & Infrastructure Finance Forum, March 2018.
- Moderator, "Colombia’s 4G roads: Assessing the financing structures employed and how these differ from the 1st to the 3rd wave," Euromoney Seminars’ 11th Annual Latin American Energy & Infrastructure Finance Forum, March 2017.