Latin America: SMBC hires new head of LatAm power and renewables team

06 August 2018 - 12:00 am UTC

SMBC has hired Dorian Calderón as new head of the power and renewables team for Latin America, a source familiar said.

Calderón, expected to join the team at the end of August, previously worked as head of Latin America project finance at Mizuho between 2015 and 2017. Before, he served as managing director and head of originations with Crédit Agricole’s for Latin American Project Finance Group.

Calderón replaces Iván Oliveros, who left SMBC on 4 June to join Jefferies as a managing director for investment banking activity in Latin America.

According to InfraDeals, from 1Q16 to 2Q17 Mizuho contributed to eight credit facilities.

The deals included participation in two loans for Mexican gas pipelines, Fermaca’s 378km Villa de Reyes-Aguascalientes-Guadalara project that raised USD 485m and Grupo Carso’s 650km gas pipeline that received USD 534m. Also in Mexico, Mizuho was part of a six-bank group that lent USD 600m to the Blackstone-owned Fisterra Energy to finance the 874MW combined-cycle gas-fired Tierra Mojada power plant.

In Chile, Mizuho participated in the USD 800m loan to fund the Mejillones-Cardones (TEN) transmission line project in Chile, developed by ENGIE and Red Eléctrica.

SMBC