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.
Accolades and Recognitions
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.
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.
The 4(2) investors and Lenders in connection with a 4(2) private placement and letter of credit facility for the financing of the Mesa La Paz 300 MW (installed capacity) wind project in Mexico with a private power purchaser.
The Lenders in connection with the development, design, construction, operation and maintenance of the Tajín refined product transportation system in Mexico.
The sponsor in the 4(a)(2) private placement financing of a 100MW single-cycle power facility in Mexico.
The issuer in the 4(a)(2) private placement holdco financing of two power facilities in Mexico.
A sponsor in the 4(a)(2) private placement financing of an 850MW power facility in Mexico.
A major fund sponsor in the holdco financing of its investment in two gas pipelines in South America.
The Lenders and 4(a)(2) investors in the development and financing of a coal-handling and transportation infrastructure project in Mexico for the CFE, auxiliary to the existing Petacalco coal-fired power plant owned and operated by CFE.
The Lenders in the financing of the Norte 3 900MW combined-cycle gas-turbine power facility in Mexico that will sell capacity and energy to CFE under the last of the "classic" CFE PPAs.
Grana y Montero in the restructuring of its senior debt.
Grana y Montero and Enagás as sponsors in the US$6 billion, 1,000km Gasoducto Sur Peruano (GSP) pipeline project in Peru.
The Lenders in connection with a US$3 billion revolving credit facility and the US$6 billion bond financing of the US$13 billion new international airport in Mexico City. This project was awarded "Latin American Airports Deal of the Year" by IJGlobal 2015, "Latin Project Finance Deal of the Year" by Latin Lawyer 2015 and "Latin America Infrastructure Deal of the Year" by LatinFinance 2015.
Ecopetrol S.A., and, later, Oleoducto Bicentenario de Colombia S.A on the development and first phase financing of the up to US$4 billion Bicentenario pipeline. The pipeline involved open-access and private shippers of refined products. This project was named "Best Oil & Gas Financing of the Year" by LatinFinance.
The Sponsors in connection with its development, construction, operation and financing by a syndicate of commercial banks of FPSO Cidade de Itajaí for charter to Petrobras.
OOG in connection with its equity investment in, and the US$480 million financing of, the Delba rig for charter to Petrobras, which included the restructuring of the project's debt with IDB and a group of B Lenders.
The Lenders in the financing of the US$280 million expansion of the Matarani port in Peru. This project was awarded "Latin America Transportation Deal of the Year" by IJGlobal 2014.