Cynthia Urda Kassis is a senior partner in Shearman & Sterling's Project Development and Finance Practice and is co-head of the firm's Mining and Metals Group. Cynthia represents sponsors/ borrowers/ lenders/ alternative financiers in project development and finance transactions worldwide, with extensive experience in the mining, energy, infrastructure and general manufacturing industries, as well as in power, mining and infrastructure restructurings. Cynthia's clients include major financial institutions, corporations, government agencies, and numerous regional development banks and export credit agencies.
Cynthia's significant experience includes a long history of notable transactions including:
Representing Orion and Blackstone in the financing of Lundin Gold's $1B+ Fruta Del Norte Project in Ecuador, which consists of a prepaid gold loan, stream and equity investment from Orion/Blackstone, a project financing from KfW and a club of commercial banks (with a guaranty from Finnvera) and a strategic equity investment by Newcrest, Orion and the Lundin Family trusts. This transaction, the first large scale mine financing in Ecuador, was named "Latin America Mining & Metals Deal of the Year" by IJGlobal.
Advising the Panama Canal Authority with respect the historic financing of its $5.2B expansion program for the Panama Canal. This transaction was recognized as "Deal of the Year" by Latin Lawyer, "Americas Project Finance Deal of the Year" by IFLR and included in KPMG and Infrastructure Journal's Showcase of the Most Interesting Projects From Around the World.
Representing Transmisora Eléctrica del Norte TEN, a subsidiary of E.CL of Chile and Red Eléctrica of Spain, on the financing of the construction of a double circuit 600 km transmission line connecting Chile's two major electrical grids. This transaction was awarded "Latin America Power Deal of the Year" by Project Finance International and "Latin American Transmission Deal of the Year" by IJGlobal.
Cynthia is ranked Band 1 for Projects by Chambers USA and Band 1 Latin America-wide for Projects and Energy and Natural Resources by Chambers Latin America. She is currently listed as a Leading Lawyer for Project Finance by Legal 500 US as well as a Leading Lawyer for Projects and Energy and Banking and Finance by Legal 500 Latin America.
In addition to the aforementioned honours, in 2019 Cynthia was named "Lawyer of the Year" in Project Development & Finance for the third time at the Who' Who Legal Awards.
Cynthia is regarded in various publications as an industry expert and has been involved in a number of speaking engagements at seminars and conferences on various mining and finance subjects.
Cynthia is a member of the New York State Bar. She received an M.A., from the University of Notre Dame and obtained a J.D., from The American University, Washington College of Law.