Gabriel del Valle Mendiola
Languages
- English
- Spanish
Gabriel del Valle joined the firm in 2005 and has been a partner since 2008.
He advises financial institutions, developers, and borrowers on domestic and cross-border financial transactions, with a special focus on infrastructure projects, structured finance, and capital markets. He has been involved in landmark matters related to the structuring of loans, public and private offerings of debt, equity, and structured products, including capital notes, CKDs, CERPIs, and Fibras-E, in addition to participating in the establishment of private equity funds.
He also has relevant experience in structuring, investing, and implementing infrastructure projects such as public-private partnerships, toll roads, cross-border bridges, and energy and water treatment plants.
Gabriel was admitted to the New York Bar in 2002 and gained international experience as a foreign associate at Shearman & Sterling, also in New York.
Relevant Experience
- Represented the underwriters in the initial public offering of 33,660,589 Class A common shares by BBB Foods, in the New York Stock Exchange (NYSE) raising gross proceeds of approximately USD$589 million.
- Represented Goldman Sachs and Prudential in a MX$2,800 million private debt placement by FIBRA EXI, which proceeds were used to refinance FIBRA EXI’s existing debt. This financing is the first international private placement by a Fibra E.
- Represented Ainda, Energía & Infraestructura in the establishment and closing of its second private equity fund for MXN$6,135 million, focused on investing in energy and infrastructure projects.
- Represented a special purpose acquisition trust managed by MIP in a USD$6.2 billion acquisition financing of a power portfolio consisting of 12 combined-cycle power plants and 1 wind power plant with a total capacity of 8.5 GW, which were owned by Iberdola. Also represented MIP in the structuring and establishment of the acquisition trust and equity vehicle through a public offering of CKDs that were subscribed and paid by the Mexican National Infrastructure Fund (FONADIN).
- Represented Concesionaria AT-AT in the restructuring of its senior secured loan, which involved increasing it from MXN$5,310 million to MXN$7,200 million, and in a MXN$2,214 million secured VAT loan, both supporting the development and construction of the "Atizapán Atlacomulco" highway.
- Represented FIEMEX, a special purpose acquisition trust managed by MIP, in the offering of its USD$1.49 billion 7.25% Senior Secured Notes due 2041. FIEMEX used part of the net proceeds to repay a bridge loan related to the USD$6.2 billion acquisition of power assets from Iberdrola. The notes are secured by FIEMEX’s power plants and related cash flows, along with the rest of FIEMEX creditors.
- Represented the initial purchasers in the offering by Orbia of its USD$650 million 6.800% Senior Notes due 2030, and its USD$450 million 7.500% Senior Notes due 2035. In addition, we represented J.P. Morgan, Mizuho and Morgan Stanley in the concurrent tender offer by Orbia for all of its 1.875% Senior Notes due 2026.
- Represented Santander México and the other syndicate banks in a MXN$6 billion syndicated loan to Grupo Trimex, one of Mexico’s leading agro-industrial companies. The transaction involved the structuring of secured obligations and the incorporation of sustainability-linked features.
- Represented MIP in the structuring of Fibra-E FIEMEX, and FIEMEX’s in its USD $4.5 billion initial CBFE issuance to acquire 12 combined-cycle power generation plants and one wind farm from CKD FIECK, previously structured by MIP to raise funds from FONADIN, for the acquisition of these power plants from Iberdrola. These power plants were acquired from CKD FIECK in exchange for CBFEs issued by FIEMEX, which were subsequently distributed to FONADIN and Afores as holders of FIECK’s CKDs. FIECK was structured by MIP to raise funds from FONADIN to purchase these power plants from Iberdrola in February 2024.
Awards and Recognitions
- Ranked in Chambers Latam, Capital Markets, Energy and Infrastructure Projects, 2026.
- Ranked in Chambers Global, Capital Markets, Energy and Infrastructure Projects, 2026.
- “Recommended”, Legal 500, Energy and Infrastructure Projects, Banking and Finance, Capital Markets, 2026.
- "Highly Regarded", IFLR1000, Banking and Finance, Capital Markets, Energy and Infrastructure Projects, and Mergers and Acquisitions, 2025.
Education
- Master of Laws (LL.M) & Management Certificate, Northwestern University School of Law y Kellogg School of Management, Evanston, 1999.
- Law Degree, Instituto Tecnológico Autónomo de México, Mexico City, 1995.