Mr. Betancourt focuses his practice on the financing and development of energy and infrastructure projects, as well as the acquisition and divestiture of energy and infrastructure facilities. He routinely advises clients with respect to both traditional power generation and renewable energy projects. He is also experienced, both as sponsor’s counsel and lender’s counsel, in the restructuring of projects. Mr. Betancourt has been involved in several infrastructure projects involving public-private partnerships.
In addition, Mr. Betancourt regularly advises financial institutions in connection with financings, liquidity and credit support facilities for not-for-profit entities.
- Counsel to Topaz Power Group, an independent power producer, with respect to several project financings for power plants with over 2,500 MW of capacity.
- Sapphire Power in its financing and acquisition of seven gas-fired power generation plants (totaling 778 MW) located in the Northeast.
- Represented ReEnergy Holdings in its acquisition of five biomass-to-energy facilities in Maine and New York - a 55 MW fossil-fuel fired generation facility in New York State being converted to a biomass facility and other acquisitions of biomass facilities and related revolving credit facility.
- Advised a New York-based private equity sponsor in the structuring of portfolio companies.
- Counsel to a U.S. subsidiary of a global renewable energy project owner and operator in several acquisitions and divestitures of project facilities and the structuring of non-recourse financings.
- Counsel to one of the largest owners and operators of energy-from-waste facilities in North America in numerous project financings and restructurings.
- Counsel to Sea Launch, a provider of strategic end-to-end launch services to satellite operators, in a number of financings for its sea-based satellite launch system.
- Counsel to commercial banks in connection with term, revolving and bridge loan facilities, as well as liquidity and credit support transactions for not-for-profit entities.