Raul Farias

Raul Farias

Partner
Admitted in New York and California
About

Raul Farias is a trusted advisor to leading sponsors, developers, financial institutions, and funds navigating complex transactions in the energy and infrastructure sectors. With a practice spanning the United States and key international markets, he brings deep experience in project development, mergers and acquisitions, and sophisticated finance structures to every engagement.

Raul's work sits at the center of the global energy transition. He regularly counsels clients on renewable energy projects across a range of technologies, including with respect to the investment and transfer of tax credits. His oil and gas experience further rounds out a practice that addresses the full spectrum of the evolving energy landscape. Clients also turn to Raul for high-stakes corporate matters, including transformative asset acquisitions and divestitures, complex financings, loan restructurings, debtor-in-possession financings, and distressed M&A transactions.

Raul's representative transactions total billions of dollars and include multiple matters, including matters recognized by S&P Global as Energy Deal of the Year.

At DLA Piper, Raul is a key contributor to the firm's market-leading Energy sector and Corporate practice. His ability to seamlessly advise clients operating across multiple jurisdictions makes him an essential resource for the firm's most sophisticated energy mandates.

Beyond his transactional practice, Raul brings a governance perspective informed by service on the boards of publicly listed companies. He maintains close working relationships with C-suite executives around the world and is a recognized voice in the energy transition space, having published on a variety of legal topics and participated as a panelist at leading industry forums focused on renewable energy and tax credit transactions.

Raul's work has earned recognition from leading legal directories and industry observers. He is recommended by The Legal 500 United States for Energy: Renewable/Alternative Power and Legal 500 Latin America Firms for Banking and Finance, Projects and Energy, Corporate and M&A, and Capital Markets. He is also approved by the Latin American Corporate Counsel Association (LACCA) for Project Finance and Infrastructure.

Bar admissionsNew YorkCaliforniaMexico

EXPERIENCE

Representative Matters
  • Advised a publicly listed company on the acquisition and tax equity financing of multiple wind, solar and storage assets in multiple locations in the United States
  • Advised multiple investors, buyers and sellers on the investment and transfer of tax credits (ITCs and PTCs) in excess of US$10 billion, including the first publicly disclosed transaction dealing with Section 45X credits
  • Advised multiple United States, Korean and Chinese clients with respect to the effects and implementation of The One Big Beautiful Bill Act (OBBBA)
  • Advised a conglomerate with respect to the reshaping of its supply chain operations and multiple solar wafer acquisitions
  • Advised a Japanese client on the investment and acquisition of Hawaii's largest biofuel refinery project
  • Advised the subsidiary of a Japanese conglomerate on multiple acquisitions of energy retail portfolios, including in the United States and Canada
  • Advised a commodities trader in the acquisition of a biofuel terminal storage facility in the United States
  • Advised a developer in the implementation and financing of a residential solar platform in the United States and Hawaii
  • Advised a developer in the implementation and financing of a residential solar platform in the United States and Puerto Rico
  • Advised a publicly listed company on the contracting of capacity for gas assets in California
  • Advised a Mexican conglomerate on the acquisition of a salsa business in the United States
  • Advised a conglomerate on the bankruptcy proceedings of its business operations in the United States
  • Advised a private equity fund on the US$700 million refinancing of debt for a company portfolio with emphasis on the infrastructure sector
  • Advised a developer on all aspects of the development and financing of the largest biorefinery in the world
  • Advised a sponsor on all aspects of several cross-border RNG projects in the United States and Mexico
  • Advised a Canadian fund on the acquisition and development of multiple RNG projects in California
  • Advised a Canadian fund on multiple feedstock supply agreements for biomass and land leases in the United States
  • Advised a Canadian fund on the acquisition and development of an RNG project in Oregon
  • Advised a Canadian fund on the acquisition and development of an RNG project in Florida
  • Advised a Mexican conglomerate on multiple matters in the United States
  • Advised a lender on multiple local and cross-border loans in Latin America
  • Advised a private company on the acquisition of oil and gas assets in New Mexico
  • Advised a Spanish company on the acquisition of renewable solar assets in Texas
  • Advised a Dutch company on the acquisition, development, and financing of water assets in Latin America
  • Advised a Mexican group in connection with shareholder disputes in Mexico and the United States
  • Advised a renewable energy company on its international expansion in North America and Europe
  • Advised a Mexican non-bank bank on its US$2.9 billion debt restructuring in Latin America, Europe, and the United States pursuant to a Chapter 11 proceeding
  • Advised a foreign financial institution on its sale of assets pursuant to a Chapter 11/363 sale in the United States
  • Advised an operator of quick service restaurants, coffee shops, and casual dining establishments in Latin America and Europe on its US$1 billion debt restructuring and related US$500 million issuance of senior notes due 2026 and €300 million senior notes due 2027 issued by a subsidiary pursuant to an out-of-court proceeding
  • Advised a Mexican retailer on the restructuring of its debt facilities and operations in Mexico pursuant to a concurso/Chapter 15 proceeding
  • Advised a United States non-bank bank on the restructuring of its debt facilities and operations pursuant to a Chapter 11 proceeding
  • Advised a brick-and-mortar retailer on the restructuring of its debt facilities and operations in Mexico pursuant to a concurso/Chapter 15 proceeding
  • Advised a chemical company on its potential sale of assets in the United States in connection with a foreign bankruptcy process
  • Advised a group of lenders in connection with the bankruptcy of a non-bank bank in Mexico
  • Advised a Mexican bank on a US$50 million cross-border financing by a multilateral agency
  • Advised a financial institution on the issuance of US$500 million in senior notes under Rule 144A and Reg S
  • Advised an Israeli company on the acquisition of energy transmission assets in the United States
  • Advised a Mexican company on the proposed acquisition of a Fintech company in the United States prior to a Chapter 7 proceeding
  • Advised a publicly listed company on the project development of midstream assets in Mexico
  • Advised a Fortune 500 company on potential investment disputes in Latin America
  • Advised a developer on the project development and sale of renewable portfolio assets in Mexico
  • Advised a financial institution on several ISDA-related matters in the United States*
  • Advised an industrial company on several NAESB-related matters in the United States*
  • Advised a financial institution on a US$100 million cross-border financing by a multilateral agency*
  • Advised a financial institution on a US$15 million cross-border financing*
  • Advised a financial institution on a US$50 million cross-border financing*
  • Advised a financial institution on a US$25 million cross-border financing*
  • Advised a Fortune 500 company on the US$3.59 billion sale of its Peruvian assets to a Chinese state-owned entity (S&P Global Energy Deal of the Year 2020)*
  • Advised a Fortune 500 company on the US$2.23 billion sale of its Chilean assets to a Chinese state-owned entity (S&P Global Energy Deal of the Year 2020)*
  • Advised a Fortune 500 company on a US$1.2 billion reorganization of its international operations*
  • Advised a Fortune 500 company on cross-border financings in excess of US$700 million*
  • Advised a Fortune 500 company on the proposed US$7.2 billion acquisition of a pipeline project in Peru, its US$4.1 billion project financing, and its EPC takeover*
  • Advised a developer on the development of assets for a crude oil project in the state of Tabasco, Mexico*
  • Advised a developer on the development of offshore assets for a crude oil project in the state of Tabasco, Mexico*
  • Advised a developer on the development of three hydroelectric projects in Peru*
  • Advised a developer on joint venture arrangements in connection with a 3 MTPA LNG project in Ensenada, Mexico*
  • Advised a developer on the project development of a refined products terminal in Veracruz with a major oil company as well as its potential joint venture arrangements
  • Advised a developer on the project development of a refined products terminal in Puebla with a major oil company as well as its potential joint venture arrangements
  • Advised a developer on the project development of a refined products terminal in Mexico City with a major oil company as well as its potential joint venture arrangements
  • Advised a developer on the project development of a refined products terminal in Topolobampo with two major oil companies as well as its potential joint venture arrangements
  • Advised a developer on the acquisition of a refined products terminal in Manzanillo from a trader*
  • Advised a developer on the project development of a refined products terminal in Ensenada, Mexico with two major oil companies as well as its potential joint venture arrangements
  • Advised a developer on the contracting of capacity in the refined products terminal in Topolobampo with two major oil companies
  • Advised a developer on the contracting of capacity in the refined products terminal in Manzanillo with two major oil companies and a trading company
  • Advised a developer on the contracting of capacity in the refined products terminal in Ensenada, Mexico with two major oil companies
  • Advised a developer on a proposed acquisition of an LPG facility in Peru*
  • Advised a developer on the project development of an LPG facility in Mexico*
  • Advised a developer on the project development of a 2 MTPA methanol facility in Mexico*
  • Advised a developer on the sale of two 650 MW combined cycle power generation plants*
  • Advised a developer on the development of multiple solar energy projects in Mexico*
  • Advised a developer on the operations of a wind energy project in Nuevo Leon, Mexico*
  • Advised a developer on the development of wind energy projects in Mexico*
  • Advised a developer on the project development of salt caverns in Mexico*
  • Advised a Fortune 500 company on an international dispute against the Government of Peru regarding the electricity sector*
  • Advised a Fortune 500 company on an international dispute against the Government of Chile regarding the electricity sector*
  • Advised a Fortune 500 company on potential international disputes against the Government of Mexico in the electricity and oil and gas sectors*
  • Advised a developer on the development of an ethane midstream solution in Veracruz, Mexico and its related joint venture*
  • Acted as secretary of the board of a publicly listed company in Mexico*
  • Advised a Fortune 500 company on a multibillion-dollar oil and gas dispute in South America*
  • Advised a telecommunications company on a US$1.875 billion sale of its assets in Mexico*
  • Advised a telecommunications company on a US$400 million restructuring of loan facilities in Brazil*
  • Advised a Fortune 500 company on a US$550 million acquisition of energy assets in Brazil and Mexico*
  • Advised a telecommunications company on a US$350 million DIP financing and several other DIP financing proposals in connection therewith*
  • Advised a publicly listed company in Mexico on the acquisition of a business in Costa Rica*
  • Advised a Fortune 500 company on the sale of energy assets in Brazil and other related transactions*
  • Advised a telecommunications company on the US$1.2 billion restructuring of credit facilities with Chinese lenders*
  • Advised an interdealer broker on the acquisition of the largest interdealer broker in Latin America*
  • Advised a financial institution on the issuance of US$625 million in senior notes under Rule 144A and Reg S*
  • Advised a financial institution on the issuance of US$300 million in senior notes under Rule 144A and Reg S*
  • Advised an automotive company on a US$300 million syndicated financing facility*
  • Advised a mining company on a US$185 million secured facility*
  • Advised a mining company on a US$350 million DIP financing*
  • Advised a publicly listed company in Mexico on multiple million-dollar syndicated financing facilities*
  • Advised a financial institution on its IPO in Mexico*
  • Advised a Chinese state-owned company on the acquisition of the largest undeveloped copper mining project in Latin America*
  • Advised a mining company on a US$250 million acquisition of a mining project in Mexico*
  • Advised a private equity fund on the US$50 million acquisition of a hospital platform*
  • Advised a Mexican bank on a US$75 million sale of a financial institution*
  • Advised two Mexican banks on a US$1.8 billion merger*
  • Advised an international bank on the acquisition financing of a natural gas pipeline project in Tabasco, Mexico*
  • Advised an international bank on the acquisition financing of three marine pipelines in the Gulf of Mexico*
  • Advised an international bank on several distressed loans dealing with infrastructure assets in Mexico*

*Denotes matters prior to joining DLA Piper LLP (US)

Languages
  • English
  • Spanish

Awards

The Legal 500 United States

  • Recommended, Energy: Renewable/Alternative Power, (2024 – 2025)

The Legal 500 Latin America

  • Recommended, Latin America International Firms Banking and Finance, (2022 – 2024)
  • Recommended, Latin America International Firms Projects and Energy, (2022 – 2024)
  • Recommended, Latin America International Firms Corporate and M&A, (2022, 2024)
  • Recommended, Latin America International Firms Energy & Natural Resources, (2023)
  • Recommended, Latin America International Firms Capital Markets, (2022)
Additional Recognitions
  • Approved, International, Project Finance & Infrastructure, Latin American Corporate Counsel Association, (2024, 2026)
Education
  • LL.M., New York University School of Law
    Prize for Outstanding Contribution to the Program, Dean's Award
  • J.D., Escuela Libre de Derecho
    with honors

Connect