Olga Betty Cerini

Olga Betty Cerini

Betty Cerini is a partner at Dewey & LeBoeuf LLP and a member of the firm's Project Finance Group and Latin American Practice Group. She has over 20 years of experience representing developers, lenders, investors and other project participants in relation to the development, financing, construction and operation of a wide range of capital-intensive projects in the US and abroad, including projects in the transportation, energy and water sectors and public-private partnership (PPP) infrastructure projects.

Ms. Cerini has extensive experience counselling clients in all phases of projects, including structuring, contract negotiation, financing and post-financing matters, including restructurings and acquisitions. Her experience includes bank, tax-exempt and taxable capital market and lease financings, financings that benefit from political and comprehensive risk insurance coverage, financings that involve the participation of multilateral and export credit agencies and TIFIA financings. Ms. Cerini is fluent in Spanish and has participated extensively in transactions throughout Latin America, including project financings, structured financings and privatizations.

Ms. Cerini has been recognized in Chambers Global 2009 as a leading lawyer in the area of Projects in Latin America; Euromoney Guide to the World's Leading Project Finance Lawyers 2009; Chambers USA 2008 as a leading lawyer in Project Finance; Chambers Latin America 2008 as a leading lawyer in Latin America; Legal 500 US 2008 as a leading lawyer in Project Finance and in IFLR 1000: The Guide to the World's Leading Financial Law Firms 2008.

Representative Matters

· ACS Infrastructure Development (ACS) and Macquarie in respect of the 1.7 billion I-595 Corridor Roadway Improvements Project in Broward County, Florida;

· ACS/Zachry Consortium in connection with all aspects of the bid and prospective financing for the IH 635 Managed Lanes Project in Dallas County, Texas;

· Potential lenders in connection with the Alligator Alley Project in Florida;

· Dexia Crèdit Local in respect of a financing supporting a joint venture's bid to the Florida Department of Transportation (FDOT) for the completion of an expansion and certain improvements to various segments of Interstate 75 located in the State of Florida;

· ACS in respect of the Mid-Currituck bridge project in North Carolina;

· ACS in connection with its bid, together with Zachry Construction, to develop the Trans Texas Corridor in Texas (TTT-69 Project);

· Export Development Canada, Citibank NA and BNP Paribas in connection with the financing of the $800 million 1,054 MW La Rosita Project in Mexico that will sell power into the US and Mexico;

· Represented the lead arrangers in connection with several financings of the construction of transmission lines and substations by Techint in Mexico to be transferred to Comisión Federal de Electricidad, the Mexican national electricity company, upon completion;

· Autopista Central in connection with the 1 billion capital markets financing, through simultaneous offerings in Chile and the US, of the Autopista Central Norte-Sur Toll Road in Chile, the debt of which is insured by MBIA Insurance Corporation;

· ING Bank in connection with the privatization and concession-based acquisition financing of a controlling interest in two electricity companies wholly-owned by the Province of Buenos Aires, Argentina, by a consortium of subsidiaries of AES Americas and Community Energy Alternatives;

· Verizon Capital, Union Bank of California and Banc One Capital as equity investors in connection with the acquisition financing, through a leveraged lease and a Rule 144A capital markets issuance, of two coal-fired merchant power plants;

· Lending syndicate in connection with the multi-source financing of the Termobarranquilla Project in Colombia which involved multilateral institution, commercial bank and export credit agency participation;

· The Inter-American Development Bank in connection with the Termovalle Project in Colombia;

· STEAG AG in connection with the development and financing of the Termopaipa Project in Colombia, which included HERMES and CESCE-insured debt; and

· The sponsors in connection with the financing by Corporación Andina de Fomento of a hydroelectric power plant in Bolivia through an A/B Loan.