The project and energy sector has evolved enormously over the last decade in line with global trends. Renewable energy projects are now well entrenched in the region as nations embrace solar, wind and other clean energy sources. The rise of energy transition projects is also notable with green hydrogen and alternative fuels now being seen as an attractive source of energy. Furthermore, digital infrastructure has become a major source of business for legal advisers as countries contend with the rapid growth of data, internet use and connected devices. As ever, politics and economics play an important role in where opportunities arise. Venezuela and Argentina have offered very little in the way of projects and transactions in recent years and Mexico has seen a decline in matters under president Andrés Manuel López Obrador, although the development of nearshoring for manufacturing and supply chains in the northern part of Mexico is a reason for optimism.
Projects and energy in Latin America: International firms
A&O Shearman
A&O Shearman, the result of a merger between Allen & Overy and Shearman & Sterling in May 2024, brings together two strong Latin America practices. The legacy Allen & Overy Latin America team advised a variety of agency lenders, banks and sponsors in large-scale and headline engagements, making further headway in energy transition and renewables across the region and with a notable impact in digital infrastructure, including fibre to the home (FTTH) and data centre projects. The Shearman & Sterling team had a mix of corporate borrower and bank lender relationships, remains at the forefront of mining and metals (including critical minerals), along with renewables and energy transition, infrastructure (especially transportation and water), power, and oil and gas. The combined team, then, brings together complementary skills and experience, providing the single group with a larger client base and a broader range of sectors and geographic activity. Brazil, Chile and Mexico are primary markets for the amalgamated group along with Peru, Colombia, Paraguay, Central America and the Caribbean. Dorina Yessios co-heads the Americas projects energy, natural resources and infrastructure team, and has forged much of the firm’s growth in digital infrastructure and energy transition matters in Latin America. Washington DC-based Sami Mir is pivotal to the firm’s agency lender relationships, including IDB Invest; while Jean Lee, also in Washington DC, provides further senior expertise in agency financing matters. A leading name in mining and metals projects in Latin America, Cynthia Urda Kassis is global co-head of the projects energy, natural resources and infrastructure group and leads the mining sector team. Augusto Ruiloba is dual-qualified in Peru and New York, and has furthered the firm’s expertise in critical minerals, power generation and transport infrastructure. Robert O’Leary was promoted to partner in July 2023 and has major focus on Latin America projects. All named individuals are based in New York unless stated otherwise. Bruno Soares left Allen & Overy, prior to the merger.
Kernmandanten
AES Corporation
KfW IPEX-Bank
Anglo American
Engie Latin America
DNB Bank
Colbun
Transelec
Credit Agricole
DEG – Deutsche Investitions- und Entwicklungsgesellschaft
International Finance Corporation (IFC)
Transmisora Eléctrica del Norte (TEN)
The Nature Conservancy (TNC)
FMO
PROPARCO
Enel
Allkem
EdgeConneX
Hydro REIN (Hydro)
Equinor
Scatec
Macquarie Asset Management’s Green Investment Group
Inter-American Investment Corporation (IDB Invest)
International Finance Corporation (IFC)
Japan International Cooperation Agency
Banco del Estado de Chile (BancoEstado)
Bank of Nova Scotia
Sumitomo Mitsui Banking Corporation
Highlight-Mandate
- Advised Allkem on its $130m limited recourse project financing provided by the International Finance Corporation (IFC) to support the development and construction of the first stage of its Sal de Vida lithium project in Catamarca, Argentina.
- Represented a consortium of banks in connection with the financing of the Codelco reverse osmosis desalination plant in Chile.
- Represented Volcan Compañía Minera in connection with the $975m project financing of the multi-purpose port terminal of containers, solid, liquid, bulk and rolling cargo, as well as ancillary facilities being developed in Chancay, Perú by COSCO Shipping Ports Chancay Perú.
Clifford Chance
Clifford Chance is at the forefront of development bank project financings in Latin America, including by both Americas-based and non-Americas-based development finance institutions (DFIs). The firm is also a leader in representing investment banks and is one of few that has an established record with commercial banks in the region. Moreover, it has a strong presence in export credit agency (ECA) financings. It also has a significant market share of loan financings, project bonds and hybrid financings in Colombia, Peru and Paraguay; while its growing presence in Chile saw the firm advise on a series of renewable energy and transmission projects. Smaller jurisdictions, such as Dominican Republic, Guatemala, Honduras and Panama have also provided the Latin America team with a stream of engagements. Fabricio Longhin is co-head of the Latin America group and has an outstanding record in projects across the region, notably toll road projects in Colombia. Lori Ann Bean has a background in ECA, DFI and commercial lender financings in Latin America, especially in relation to wind and other renewable energy projects. New York partner Hugo Triaca is a key member of the Latin America team, covering capital markets and lender-driven financings in the energy and infrastructure fields. Madrid’s José Guardo, along with Jessica Springsteen, New York-based Mariana Estévez and counsel Catherine McCarthy are also senior members of the team. Counsels Alberto Haito and Patricio Abal are also increasingly visible. All named individuals are based in Washington DC unless stated otherwise.
Praxisleiter:
Fabricio Longhin
Referenzen
‘The Clifford Chance Spain, Washington and New York team stands out for its great technical capacity in structured project financing, for its excellent level of internal coordination for the client, knowledge of the client and good management of resources.’
‘The great plus of this team is its availability and closeness to the client through a perfect coordination between the members of its offices and teams according to areas of specialisation.’
Kernmandanten
Sumitomo Mitsui Banking Corporation
Banco Santander
Banco Bilbao Vizcaya Argentaria Colombia
JPMorgan Chase Bank
Financiera de Desarrollo Nacional
Scotiabank
CIFI LATAM
Citibank
Banco de Sabadell
IDB Invest
Bancolombia
Itau BBA US Securities
BNP Paribas
Inter-American Investment Corporation
REDEN Solar
Macquarie Bank Limited
Distrito Especial, Industrial y Portuario de Barranquilla (the Distrito de Barranquilla)
Sumitomo Mitsui Banking Corporation
Highlight-Mandate
- Advised the lenders in connection with the multi-tranche, multi-currency long-term financing of the Autopista del Magdalena Medio project and the Autovía del Magdalena project in Colombia.
- Advised the Inter-American Investment Corporation (IDB Invest) and Société de Promotion et de Participation pour la Coopération Economique (Proparco) as lender and guarantor, respectively, in connection with the financing by IDB Invest of a long-term local currency loan package to Águas do Rio 1 and Águas do Rio 4.
- Advised Banco Santander, JPMorgan Chase Bank and a group of financial institutions on the refinancing of the Pamplona – Cúcuta project, part of Sacyr’s fourth generation (4G) road concession programme in Colombia.
Milbank
Milbank has a long and prestigious history in Latin America projects and energy transactions. It continues to build out its presence, notably landing a significant market share of large-scale renewable energy projects in the region. The firm has worked on a multitude of renewables projects in Chile in recent years, along with a series of major water projects in Chile and across Latin America. It remains at the forefront of transport and infrastructure projects in Colombia and is a growing presence in digital infrastructure around the region. The firm is also a growing force in energy and infrastructure M&A, thanks in part to its connection to Actis, the global investment institution. Mexico is another key market for the team, along with Brazil and Peru. Jaime Ramirez has emerged as a key member of the team, notably in digital infrastructure and renewable energy projects; he is now co-head of the Latin America practice. Roland Estevez continues to make an impression in renewable energy and other infrastructure projects in Mexico, Chile and elsewhere. Daniel Bartfeld is chair of the global project, energy and infrastructure finance practice, a member of the global executive committee, and retains a strong focus on Latin America. Carolina Walther-Meade is a senior member of the firm and is also active in Latin America projects, while Alec Borisoff is noted for renewables and mining and metals projects in the region. All named individuals are based in New York.
Praxisleiter:
Daniel Bartfeld; Jaime Ramirez
Referenzen
‘Milbank is a leader in the energy and infrastructure space in Latin America. ’
‘Knowledge of the overall market and its standards. Also, the teams that I have worked with provide in depth advice. They are good in negotiations, while being commercial. They don’t have a problem to drop a point if it does not add value and is delaying the closing of a financing. ’
Kernmandanten
Numerous commercial banks, including: BNP Paribas, The Bank of Nova Scotia, MUFG Bank, Sumitomo Mitsui Banking Corporation, BNP Paribas, Natixis, Credit Agricole, Santander, Goldman Sachs
Actis
Brookfield Renewables
Cerro Dominador
EIG Capital Partners
Global Infrastructure Partners
Macquarie Asset Management
TotalEnergies
Saavi Energía
Gas Natural Açu (GNA)
Glenfarne
New Fortress Energy
OPDE Energy
Sacyr
Highlight-Mandate
- Represented the lenders in connection with the $6bn acquisition by the Mexican Government (through FONADIN and managed by Mexico Infrastructure Partners) of 13 Mexican power plants owned by the Spanish energy group Iberdrola.
- Represented a group of lenders in connection with the financing granted to New Fortress Energy for the construction of the 630MW Barcarena power plant in Brazil.
- Advised Aguas Pacifico and Acueducto San Isidro Quilapilún on the $883m financing of two projects; the Aconcagua desalination plant and the San Isidro Quilapilún aqueduct in the Valparaiso and Metropolitana regions of Chile.
White & Case LLP
White & Case LLP is outstanding in Latin America energy and infrastructure transactions. The firm’s extensive team, which is spread across its New York, Miami, Washington DC, Houston, Mexico City and São Paulo offices, has a huge market share of the top deals in the region. It houses some of the leading practitioners in the market and is consistently developing new generations of talent. With a client base that ranges from sponsors and investors to banks and DFIs, the Latin America team 'distinguishes itself through a combination of specialised expertise, innovative problem-solving, and a client-centric approach'. The energy and infrastructure group frequently works alongside colleagues from the wider regional practice, including M&A, capital markets and restructuring; this includes a number of recent restructurings of longer-term projects. The department has a hugely impressive record in Mexico, Brazil and Chile, and has successfully targeted smaller economies such as the Dominican Republic, Ecuador and Paraguay. The firm also stands out for its abilities in construction and project development, with leading figure Sean Goldstein to the fore. Carlos Viana remains highly-rated among clients and peers alike, while New York’s Thomas Pate has impressed in a series of renewable energy deals in Chile and elsewhere. São Paulo’s John Anderson is a native Portuguese speaker and a key name on Brazil deals; and Washington DC-based partner, Martin Menski, leads on many of the agency-related financings in the region. New York-based Raffaele Turco was elevated to the partnership in January 2024. Named individuals are based in Miami unless stated otherwise.
Praxisleiter:
Christian Hansen; Chris Richardson; Elena Millerman
Referenzen
‘One of the strongest outside counsel I have worked with. Stellar attorneys across all practice areas.’
‘Outstanding analytical and practical skills and advice.’
‘White & Case distinguishes itself through a combination of specialised expertise, innovative problem-solving, and a client-centric approach. In-house lawyers should be aware of the team’s strengths in port financings, strategic thinking, and adaptability to evolving legal landscapes. Compared to other firms, the team excels in fostering collaboration and leveraging technology to streamline processes and enhance client experiences.’
Kernmandanten
IDB Invest
BNP Paribas
Citibank
Banco Santander
HSBC
JP Morgan
Natixis
Societe Generale
Solek
Sonnedix InfraBridge
Terminal Química Puerto México
Lenders to Metka-EGN
Crédit Agricole Corporate and Investment Bank
Aegea Saneamento e Participações
Sumitomo Mitsui Banking Corporation
Banco de Credito e Inversiones
DNB Bank
The Export Import Bank of Korea
Banco KEB Hana Mexico
Highlight-Mandate
- Advised IDB Invest on the limited recourse project financing for the Mendubim 531MWp portfolio of solar photovoltaic power plants, transmission line and associated interconnection facilities located in the municipality of Assú, Rio Grande do Norte State, Brazil.
- Represented a syndicate of leading international banks on the non-recourse financing of Project Feijão, a 456MW wind project in Brazil that is being developed by Macquarie Asset Management’s Green Investment Group and Hydro Rein, Norsk Hydro’s dedicated company for renewables development.
- Represented Solek Holding on a series of transactions across its capital structure to finance the ongoing expansion of its solar energy business in Latin America, including senior secured, limited recourse project-level construction facilities to finance the construction of certain utility-scale and distributed energy solar projects.
King & Spalding LLP
King & Spalding LLP combines an outstanding record in construction and project development with a flourishing project finance practice. The firm is at the forefront of energy transition, including hydrogen and LNG deals. It has an extensive record in Mexico, along with Brazil, Chile and Central America. The Latin America team has a substantial market share of liquefied natural gas (LNG) projects in the Latin America region, including in Uruguay, the Dominican Republic, Colombia, Mexico, Panama and Brazil. It acted as development counsel for Uruguay’s first LNG import terminal and Colombia’s first LNG facility of any kind (the world’s first floating LNG export production facility). David Lang is a leading name in LNG projects, while Scott Greer leads the firm’s energy and construction transaction practice; both have a major focus on Latin America. Miami’s Fradyn Suárez is a prominent figure in Latin America project finance and Washington DC-based James Bowe provides further expertise in LNG, renewable generation and energy storage; he has advised Puerto Rico Electric Power Authority (PREPA) on a substantial project, which includes a large-scale LNG facility. Abu Dhabi’s Dan Feldman is a leading name in hydrogen and is bringing this expertise to the Latin America region. Named individuals are based in Houston unless stated otherwise.
Praxisleiter:
Scott Greer; Fradyn Suarez
Kernmandanten
HIF
Saavi Energía
Puerto Rico Electric Power Authority (PREPA)
Mexico Pacific Limited
Modec, Mitsui & Co and Mitsui OSK
Sacyr
San Martin Contratistas Generales
Highlight-Mandate
- Advised Sacyr Concesiones on the approximately $708m project refinancing of the 4G Pamplona-Cúcuta toll road project in Colombia.
- Represented HIF on the development of its Chilean megaproject Haru Oni, a green hydrogen project that produces carbon-neutral gasoline.
- Advised Saavi, owner and operator of independent electric generating facilities in Mexico, concerning Presidentially-mandated changes to Mexico’s Electricity Law (the LIE).
Latham & Watkins LLP
Latham & Watkins LLP's highly developed Latin America team has demonstrated a considerable commitment to the energy and infrastructure sectors, including project finance, acquisition finance and M&A. The team is also at the forefront of hybrid capital markets and bank finance transactions in the area. It is making further headway in energy transition matters, including green hydrogen, battery storage and carbon sequestration, along with continued activity in LNG projects and transactions. Additionally, it remains active in greenfield and brownfield project bonds, social bonds and sustainability bonds, along with the securitisation of receivables for infrastructure projects. Gianluca Bacchiocchi is a senior figure in project finance, securitisations and hybrid transactions in the energy and infrastructure sectors. Native Spanish speaker Guido Liniado is also highly rated in project finance, project bonds, securitisation and other forms of structured finance for energy and infrastructure assets. Latin America practice co-chair Antonio Del Pino is a big name in project finance and M&A across the energy and infrastructure sectors. Christopher Cross is another senior practitioner with a background in oil and gas transactions in Latin America, most recently advising the ECAs in the project financing of floating production storage and offloading (FPSO) units in Brazil. Washington DC-based Carlos Ardila continues to make an impression in Latin America project finance and energy M&A, following his elevation to the partnership in 2023. Counsel Marcela Ruenes is another core member of the team, while Houston-based senior associate Taylor López joined from Baker Botts L.L.P. in July 2023. All named individuals are based in New York unless stated otherwise.
Praxisleiter:
Antonio Del Pino; Gianluca Bacchiocchi
Referenzen
‘The team led by Guido Liniado has accompanied us in all the international financing processes that we have carried out. We feel very comfortable with his pro-business approach, his advice (always relevant) and his efficiency in the negotiations and the process. It is distinguished from other firms by the practicality and pragmatism with which it conducts its transactions.’
‘Guido Liniado is the partner in charge of the process and is directly involved from start to finish, which gives us a lot of peace of mind and security throughout the process. Guido involves his team and trains/accompanies them permanently. Guido is differentiated by his extensive experience, understanding of various jurisdictions, his intellectual capacity to understand problems and propose viable/balanced solutions, and his legal pragmatism.’
Kernmandanten
Esentia Energy Systems
SBM Brazil Project Lenders
Tamandare Lenders
BlackRock
Global Infrastructure Partners (GIP)
BNP Paribas
ConocoPhillips
Denham Capital
Mombak
Banco Santander
Scotiabank
ING
Vitol
EIG Global Energy Partners
Repsol
Andes Mining & Energy (AME)
Natixis
Mizuho
Banistmo
MUFG
Highlight-Mandate
- Advised a consortium of 13 international banks with insurance cover from four international Export Credit Agencies (ECAs) in the project financing of Almirante Tamandaré floating production storage and offloading (FPSO) unit in Brazil.
- Advised Esentia Energy Systems in a project refinancing in connection with various pipeline operations located in Mexico.
- Advised Global Infrastructure Partners (GIP) on a project financing related to its joint investment with AES Andes in a new portfolio of renewable projects.
Mayer Brown
Mayer Brown remains a major force in Latin America projects and energy, acting for a range of project sponsors, special purpose vehicles, commercial lenders and multilateral agencies, contractors, operators and governments. It has an established record in various financing methods, notably project bonds, hybrid financing structures and public-private partnerships in Latin America. Much of the practice has recently centred on large-scale transport infrastructure projects in a variety of Latin American jurisdictions. Christopher Erckert is a leader in the firm’s global finance and banking practice, and heads its project bonds and Latin America projects practice. Chicago partner Douglas Doetsch leads the firm’s Latin America and Caribbean practice and is a recognised authority on transport infrastructure financings. Gabriela Sakamoto is a true Latin America specialist with an extensive background in energy, oil and gas, and infrastructure projects across multiple jurisdictions. Born and raised in Bogotá, New York-based Juan Pablo Moreno also has experience of projects right across the region. Gabriel Salinas is another key figure in Houston, having joined the firm in 2023. Named individuals are based in Washington DC unless stated otherwise. Barry MacHlin has retired.
Praxisleiter:
Christopher Erckert
Kernmandanten
Acciona Concesiones
Banco Santander
Bank of Nova Scotia
BNP Paribas
CDPQ
Deutsche Bank
Goldman Sachs
Santander
Sumitomo Mutsui Banking Corporation
Xinjiang Goldwind Science & Technology
Highlight-Mandate
- Represented the lender in the financing for the Kimal-Lo Aguirre HVDC transmission line in Chile.
Norton Rose Fulbright
Norton Rose Fulbright's commitment to Latin America's projects and energy sector is evident in its large Sao Paulo and Mexico City-based teams, coupled with Latin America-focused groups in New York, Washington DC, Houston and other international offices. With numerous native Portuguese and Spanish speakers it consistently advises on large-scale and headline projects and transactions in multiple Latin American jurisdictions, including Argentina, Chile, Colombia, Brazil, México, Peru, Ecuador, Panama and elsewhere. The team routinely acts for a variety of banks, agency lenders and project sponsors. It has a notable record in power and renewables, including wind and solar, although the wide-ranging practice also covers oil and gas, LNG, digital infrastructure, urban infrastructure, housing programmes and green technology financings. New York partner Raquel Bierzwinsky is a native Spanish speaker, admitted to practice in Mexico and New York, and has an established record in energy, infrastructure and mining project financings in Mexico, Chile and across the region; she is also one of the firm's co-relationship partners with IDB Invest. Washington DC’s Sarah Devine and Jeremy Hushon are key figures in representing DFIs and agency lenders in energy and infrastructure financings across Latin America. Longstanding Sao Paulo partner Daniel Spencer continues to advise on a range of energy and infrastructure project financings in multiple jurisdictions. Sao Paulo counsel José Cobeña is another key member of the team.
Praxisleiter:
Raquel Bierzwinsky
Kernmandanten
JPMorgan Chase
International Finance Corporation (IFC)
EDF Renewables Chile
IDB Invest
DEG-Deutsche Investitions- und Entwicklungsgesellschaft (DEG)
MUFG Bank
Engie
The AES Corporation
Banco Sabadell
CAF
CIFI
Highlight-Mandate
- Represented JPMorgan and HSBC in a $333m rehabilitation programme that will repower and modernise seven existing hydropower plants located throughout Mexico.
- Represented Santiago Solar as borrower and AME Energía and EDF EN Chile Holding as sponsors, in the refinancing of interests and existing loans in connection with the construction and operation of the 115MW DC Santiago Solar photovoltaic power plant and associated electrical substation and interconnection line.
- Represented JPMorgan Chase Bank on two loan grants of approximately $150m each for Fondo MiVivienda (FMV), a low income housing programme in San Isidro, Peru.
Paul Hastings LLP
Paul Hastings LLP has assembled an impressive team over the past few years. Its dedicated Latin America group has extensive contacts and a fine record in the region. More recently, it has been able to leverage the expertise of colleagues in the US, particularly in energy transition and digital infrastructure, and apply this in Latin America projects. The team has worked on a series of battery storage and distributed generation projects, along with transmission projects, green hydrogen pilots, large-scale renewables projects and desalination infrastructure developments. It has also advised on LNG import terminals, gas-fired power plants and airports. The group typically advises an even split between lenders and sponsors. Gregory Tan is co-chair of the infrastructure and energy team, and maintains a strong focus on Latin America, including a number of recent projects in the Dominican Republic and Chile. Alexandro Padrés is another prominent name in Mexico and Latin America project financings, especially renewable energy, mining, digital infrastructure and desalination projects. Thomas Sines has emerged as an important member of the team, now leading many of its key matters. Associate Bruna Rey is also active in multiple Latin America projects. All named individuals are based in New York.
Praxisleiter:
Gregory Tan
Referenzen
‘The Paul Hastings firm has a professional and competent team of lawyers. The Latin American practice is possibly the best among the firms.’
‘Without a doubt, Alexandro Padrés is one of the lawyers with the most experience and competence, always attentive to matters, empathetic with the client’s needs, which is why he provides solutions and opinions that give legal certainty to transactions. His knowledge of Mexican law complements him.’
‘The Paul Hastings team is always at the forefront of knowledge of the energy sector, compared to other firms, it is undoubtedly one of the best in the legal advisory service and without a doubt the No.1 option on my part to comment with clients and banks.’
Kernmandanten
Republic of Peru
The AES Corporation
BNP Paribas
Citi
Constructora Conconcreto
Credit Agricole
Deutsche Bank
Haina Investment Co., Ltd.
Lima Airport Partners
MUFG
Natixis
Nomura
Sacyr
SMBC
Societe Generale
Highlight-Mandate
- Represented the lenders in a $1.22bn term loan and delayed draw loan facility to finance Aligned Data Centers’ acquisition of ODATA from Patria Investments.
- Advised the borrowers and sponsors on the financing of the preparation of studies, design, construction, operation, maintenance, land acquisition, environmental and social management and renovation of the existing infrastructure of a 145km toll road connecting Bogotá and Girardot in Colombia.
Baker Botts L.L.P.
Baker Botts L.L.P. has a strong foothold in the LNG and renewables market in Latin America. This includes M&A transactions, project development and project finance engagements. It is gaining further ground in energy transition matters, especially green hydrogen projects in the region; recent mandates include adviseing HIF Global on its development of a green hydrogen to e-fuels project in Chile. The firm has extensive experience in project development and structuring, and has represented clients in projects across the region - most notably in Mexico. It has primarily focused on representing sponsors and developers, although the March-2024 hire of Veronica Relea (from Pillsbury Winthrop Shaw Pittman, LLP), brings the firm additional credibility in New York and further connections to sponsors and lenders; her arrival follows that of Mona Dajani to the New York office from A&O Shearman the previous year. The firm’s heartland remains Houston where Carlos Solé is a prominent figure in LNG and renewables matters, especially in Mexico. Houston-based David Jetter is another LNG expert and is increasingly prominent in energy transition matters. San Francisco’s Dino Barajas has led power and renewables projects across Latin America for decades and is also noted for his experience in Mexico.
Praxisleiter:
Carlos Sole
Kernmandanten
The AES Corporation
Sempra LNG and Sempra Gas & Midstream
HIF Global
Mexico Pacific Limited (MPL)
Highlight-Mandate
- Assisted Sempra with the development and marketing of a brownfield development of an LNG export project co-located and integrated with the existing Energía Costa Azul (ECA) regasification facility in Mexico.
- Represented the AES Corporation in connection with a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer innovation in the sector, building on the recent agreement between Google and AES to provide long-term renewable power to Google’s data center in Chile.
- Represented HIF Global on its development of a green hydrogen to e-fuels project in Chile.
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton has a major presence in energy and natural resources transactions. Leveraging the firm’s commitment to and reputation in Latin America, it has built up a prestigious list of blue-chip Latin American clients, along with major corporates and investors from outside the region. It remains active in renewable energy and infrastructure projects and transactions; recent mandates include advising Mexico Infrastructure Partners on the financing of its $6bn acquisition of 13 power plants from Ibedrola, and the practice continues to represent the Puerto Rican P3 Authority in connection with various public-private partnership projects relating to the transformation of Puerto Rico Electric Power Authority (PREPA). Mexico is a primary market for the firm, which also has a much lauded presence across the region down to Brazil, Chile and Argentina. Deeply experienced practitioner Chantal Kordula remains the key partner for renewable energy and infrastructure projects, including P3 matters. Jeff Lewis has an outstanding record in energy and natural resources M&A. Sao Paulo-based Juan Giráldez is pivotal to the firm’s project finance and M&A work in Brazil and the Southern Cone, and garners extensive praise from clients, including for his 'great responsiveness and creative problem solving'. All named individuals are based in New York unless stated otherwise.
Referenzen
‘Juan Giráldez and his team are top-notch, super hands-on and very practical, and above all, at maximum speed. On the other hand, the documents are prepared with an impeccable level of detail and rigour.’
‘Juan Giráldez is a very versatile M&A lawyer, with enormous experience in US law, but at the same time, with the flexibility and imagination that is required to make deals in LatAm.’
‘The office has a team (from partners to lawyers) who are extremely well qualified, not only from a technical point of view, but as business solvers. The firm’s senior partners are actually present. The entire team is always available and brings the necessary specialists. While in most offices we have to demand solutions or question different aspects or points of view, Cleary does this naturally, truly adding value.’
Kernmandanten
Ad hoc group of bondholders of Inversiones Latin America Power (ILAP)
América Móvil
Colbún
Comisión Federal de Electricidad (CFE)
Companhia Paranaense de Energia (COPEL)
Fintech and certain of its affiliates
Initial purchasers to CEMEX
Initial purchasers to the Republic of Chile
Initial purchasers, underwriters, and dealer managers to the Republic of Chile
Lender to Grupo Bimbo
Lenders to CEMEX
Lenders to Grupo Bimbo
Mexico Infrastructure Partners
Republic of Uruguay
Suzano
The Puerto Rico Public-Private Partnerships Authority (P3A)
United Mexican States
Highlight-Mandate
- Representing the acquisition vehicle sponsored by the Mexican Government and managed by Mexico Infrastructure Partners (MIP) in a secured financing to fund the acquisition of 13 of Iberdrola’s power plants in Mexico.
- Represented the Puerto Rican P3 Authority in connection with various public-private partnership projects relating to the transformation of Puerto Rico Electric Power Authority (PREPA).
- Represented Companhia Paranaense de Energia (COPEL) and the State of Paraná in the privatization of COPEL.
DLA Piper LLP (US)
DLA Piper LLP (US)'s rapid growth of its US-based Latin America practice is bringing significant rewards. It now has prominent talent across multiple practices, including energy and infrastructure. Partners and associates in its New York, Washington DC, Los Angeles, San Diego, Houston and Miami offices, now frequently work alongside colleagues in Argentina, Chile, Colombia, Mexico, Peru and Puerto Rico, as well as in Brazil (through Campos Mello Advogados in cooperation with DLA Piper). Many in the Latin America team are natives of countries in the region, or are native Spanish or Portuguese speakers. Margarita Oliva Sainz de Aja is head of Latin America banking and finance, and is based in New York after spending many years as a partner in Argentina; she is an experienced project finance specialist with an established client base of multilateral agencies, ECAs, commercial financial institutions, sponsors and project companies. Miriam Figueroa splits her time between New York and Puerto Rico, and has extensive expertise in infrastructure, power purchase agreements and public-private partnership contracts; much of her practice centres on Puerto Rico. New York partner Marcello Hallake is a prominent name in energy M&A, especially in Brazil-related deals; while Diego Peña is a key partner in Santiago. Bruno Soares joined the firm from what is now A&O Shearman in February 2024 and has subsequently become managing partner of the new Sao Paulo office.
Praxisleiter:
Margarita Oliva Sainz de Aja; Miriam Figueroa
Kernmandanten
LUMA Energy
Innergex Renewable Energy
America Movil
Puerto Rico Public-Private Partnership Authority
Sunrun
CarbonFree Technology
SUSI Partners
San Pedro BioEnergy
Highlight-Mandate
- Advised LUMA Energy on energy regulatory matters affecting the operations of the company, including representing it before the Puerto Rico Energy Bureau in various regulatory issues.
- Advised Innergex Renewable Energy, as borrower, in the structuring and execution of a $803m refinancing transaction for its portfolio of assets in Chile.
- Advised Innergex Renewable Energy, as borrower, in connection with a $49m financing for the construction of a 35MW/175MWh battery energy storage system (BESS) in Atacama, Chile.
Greenberg Traurig LLP
Greenberg Traurig, LLP has a flourishing presence in project development, especially in energy transition and alternative fuels. It has worked on a series of wind and solar projects in Mexico over the years and has experienced further growth in energy supply projects for new data centres in Mexico. Colombia and Chile are additonal key markets for the firm, while it is also experiencing an uptick in alternative fuel projects across the Southern Cone. Miami partner Robert Downing is increasingly prominent in renewable and energy transition matters, along with oil-and-gas and alternative fuels. Marc Rossell is co-chair of the Latin America group, and has a background in project bonds and other capital markets-driven financings. Admitted to practice in New York and Chile, Oscar Stephens is further recognised for renewable energy and infrastructure financings in Latin America. Mexico City’s Juan Manuel González Bernal is global co-chair of the infrastructure practice.
Praxisleiter:
William Garner; Iskender Catto
Referenzen
‘They have extensive experience working in Latin America. The team has a good mix of US attorneys who understand well the US business and objectives and local attorneys who understand local processes and the players involved.’
‘I was very impressed with Robert Downing’s Mexico expertise. He knew well all the industry players there and provided advice that was spot on. He helped us navigate a difficult regulatory bidding environment and procured local partnerships for us.’
‘The firm’s output is consistently of the highest quality and the advice is always actionable, which shows the firm’s understanding of corporate intricacies. The firm is always mindful of costs and we really feel the team is doing their best to keep tasks within estimates.’
Highlight-Mandate
- Represented a client in connection with qualifying trading natural gas and electricity in Mexico, and cross-border trading between the US and Mexico.
Herbert Smith Freehills LLP
Herbert Smith Freehills LLP has a strong core team of project finance and EPC experts that work on a range of project development and project finance matters across Latin America. The firm has continued to grow its footprint in oil and gas around the region, along with mining and minerals projects in Chile, Argentina and beyond. Edward Dougherty has spent nearly 20 years focused on energy projects in Latin America, particularly in Brazil where he was previously located. Based in London, William Breeze has a global focus on financings in the extractives and commodity fields, including a strong focus on Latin America deals. From Paris, Michaël Armandou provides further expertise in project finance, project development and acquisition finance in the infrastructure and energy sectors. Talented senior associate Danielle MacGillivray has been promoted to counsel. Named individuals are based in New York unless stated otherwise. Juan-José Zentner left the firm in July 2023.
Praxisleiter:
Edward Dougherty
Kernmandanten
IFC
IDB
China Development Bank
PowerCo
Puerto Bahia Colombia de Urabia, Puerto Antioquia Holding and Fideicomiso Puerto Antioquia
Bank of Montreal and Canadian Imperial Bank of Commerce
Energy Infrastructure Partners and Crédit Agricole Assurances
STOA Infra & Energy
Highlight-Mandate
- Advised IFC and IDB Invest on their project financing to a subsidiary of Allkem to support the development of Sal de Vida, a greenfield lithium operation in the province of Catamarca, Argentina.
- Advised PowerCo, Volkswagen’s wholly-owned battery-focused subsidiary, on the execution with ACG Acquisition Company of a long-term offtake agreement for the supply of premium nickel metal coupled with a $100m prepayment.
- Advised the Puerto Antioquia project sponsors in connection with all aspects of the $130m mezzanine financing provided by GIP Caps Antioquia Luxco for the development of the project.
Hogan Lovells US LLP
With a team featuring a number of Latin American natives and native Spanish and Portuguese speakers, Hogan Lovells US LLP has an illustrious history in Latin America energy and infrastructure projects. It continues to land significant engagements across the region and acts for a range of project sponsors, contractors, governments, commercial banks, ECAs, and many others; this includes government ministries and state-owned companies. Jorge Diaz-Silveira is managing partner of the Miami office and leads the Americas infrastructure, energy, resources, and projects group; he continues to lead many of the firm’s top matters in Latin America. Houston based Bruno Ciuffetelli is a senior name in the oil-and-gas sector, often advising sovereigns and quasi-sovereigns in the region. Mexico and Houston-based Carlos Ramos Miranda has an impressive record in energy and infrastructure matters in Mexico and beyond.
Praxisleiter:
Jorge Diaz-Silveira
Referenzen
‘Highly experienced team with deep industry focus in oil and gas and insurance. Understands deal making and identifying and mitigating risks in transactions.’
‘Highly responsive, practical, and broad network of contacts that enable transactions to progress swiftly.’
Kernmandanten
Petro Ecuador
Ministry of Finance of Ecuador
TC Energy
Equinor
Qatar Energy
PetroBal
Wintershall DEA
Assa Abloy
Mexico Pacific Limited
Transportadora de Gas del Peru
Highlight-Mandate
- Advised TC Energy in negotiating a new natural gas transportation agreement with the Comision Federal de Electricidad, consolidating prior existing agreements and new infrastructure.
- Advised Wintershall DEA’s Mexican subsidiary companies on the acquisition of 37% share in the Hokchi block offshore Mexico.
- Advised Petrobal on the sale of a 50% interest in an oil and gas exploration and extraction contract with the Mexican government.
Hunton Andrews Kurth LLP
Hunton Andrews Kurth LLP continues to see growth in its practice, driven in part by its strong connections to multilateral agencies and DFIs. It remains active in Central America project financings and has landed a series of substantial engagements relating to projects in Guyana. The firm is additionally at the forefront of digital infrastructure and subsea fibre optic cable projects; as well as being noted for public-private partnership transactions and other key areas such as desalination plants. Fernando Alonso is chair of the Latin America group and a real authority on transactions in the region, including project financings and energy M&A. Washington DC-based Vera Rechsteiner has an extensive record in Latin America projects and is a key relationship partner for IDB Invest, alongside Uriel Mendieta, who is noted for subsea fibre optic cable systems, terrestrial fibre projects and other digital infrastructure matters. Fernando Margarit is another key name on telecoms and subsea cable systems, while Washington DC’s Alejandro Silva is a regular adviser to International Finance Corporation on Latin America project financings. The firm is also rated for projects in Chile, with New York counsel Christian Rudloff being admitted to practice in Chile, Mexico and New York; along with Washington DC associate James Channing, who is dual qualified in Chile and New York.
Praxisleiter:
Fernando Alonso
Referenzen
‘Attention to detail, responsiveness, accessible team, knowledgeable of the market and sector.’
‘Great experience with Christian Rudloff and James Channing. Addressed all questions promptly and in great level of detail, but what was more helpful and stood out was that they understood lenders’ concerns and discussed the sponsors’ technical terms directly in order to find a way that was acceptable to the sponsors.’
‘Christian Rudloff, counsel – we have pulled him into discussions on various critical situations where he gave sound advice obviously from a legal basis, but trying to work in tandem with the developer in seeking commercial and technical solutions. ’
Kernmandanten
Inter-American Investment Corporation
International Finance Corporation (Latin America)
Servicio di Telecomunicacion di Aruba (SETAR)
Telconet
Corporación Interamericana para el Financiamiento de Infraestructura (CIFI)
Credit Agricole Corporate & Investment Bank
Highlight-Mandate
- Co-counsel to a consortium of lenders in the financing of Corporación Nacional del Cobre de Chile’s (Codelco) desalination plant in Chile that is being developed by an international consortium under a development agreement.
- Advised the International Finance Corporation (IFC) and another DFI on a $400m million finance package to ENGIE Energía Chile.
- Advised the Inter-American Investment Corporation (IDB Invest) with respect to a R$280m A/B secured loan to Brazilian company Usina Cerradão.
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLP has a powerful core team of Latin America specialists, primarily located in Houston. With a prestigious history in the oil-and-gas sector, the team acts for a range of major oil-and-gas companies and a number of state-owned enterprises. It also represents a variety of private equity investors, governments and financial institutions. Power and renewables, and telecoms-infrastructure are also areas of notable expertise. Key markets Mexico and Brazil are the team’s primary focus, along with multiple other Latin American jurisdictions. John Crespo is co-chair of the Latin America practice, a native Spanish speaker, and a leader in oil and gas projects and transactions across the region, particularly in Mexico. Felipe Alice is admitted to practice in Brazil, along with New York, Texas, and England and Wales; he remains active in Brazil and Mexico oil-and-gas matters, along with power and renewables engagements. Humberto Padilla Gonzalez has a background in Mexico transactions, including energy deals, while Washington DC’s Ulises Pin is noted for telecoms infrastructure projects. All named individuals are based in Houston unless stated otherwise.
Praxisleiter:
John Crespo; Thomas Mellor
Kernmandanten
Kellogg Brown & Root (KBR)
PetroRio
Gaia
CEMEX
BCCK Engineering
Dellner Industrial
AES
Macquarie
Highlight-Mandate
- Represented GAIA in connection with the licensing of oil and gas technology for deployment in Brazil.
- Advised Dellner on its acquisition of worldwide industrial oil and gas divisions in the United States and Argentina related to brake systems and marine brake applications used in the offshore industry.
- Advised Patriotic Energies and Technologies on its acquisition and financing of Petrotrin, Trinidad and Tobago’s Petroleum Company.
Sidley Austin LLP
Sidley Austin LLP's global presence in the energy sector, along with its strong focus on Latin America, has brought it a wealth of headline engagements. The senior Latin America-focused team has a background in project development, project finance and M&A, including in the renewables, conventional power, LNG terminals, oil and gas, drilling rigs and other energy and infrastructure market segments; the firm has recently expanded its renewables and LNG teams in New York and Washington DC. The practice is particularly active in Brazil projects and transactions, and has also worked on a number of headline renewable power projects in Chile, Argentina and elsewhere. Brian Bradshaw is hugely experienced in project development, project finance and M&A in the oil and gas, LNG, and power and renewables sectors, including in Latin America; he is fluent in Spanish and Portuguese. Timothy Chandler has a background in Brazil energy transactions and is a fluent Portuguese speaker. Counsel Eduardo Marquez Certucha is a native Spanish speaker, is licensed to practice in Texas and Mexico, and has a focus on M&A and joint-ventures in the conventional and renewable energy, mining, and transportation sectors. All named individuals are based in Houston.
Praxisleiter:
Brian Bradshaw
Highlight-Mandate
- Represented Denham Capital in the sale of certain assets of portfolio company Rio Energy to Equinor, the Norwegian state-owned multinational energy company.
- Represented Denham Capital’s portfolio company Serra Verde in its $150m investment by Vision Blue Resources and The Energy & Minerals Group.
- Represented Barra Energia, a private equity-backed Brazilian company, in the development of the offshore Atlanta Field, Brazil.
Simpson Thacher & Bartlett LLP
Simpson Thacher & Bartlett LLP is one of the premier international law firms with a strong and long-term focus on Latin America. Through its key offices in New York and Sao Paulo, the firm has successfully targeted the telecoms and digital infrastructure arena, particularly in relation to private equity investments. The hire of Gabriel Silva from Vinson & Elkins LLP in November 2023 has only cemented the Latin America team’s leading position in the digital infrastructure segment. In other work, the team has supported KKR in a series of strategic initiatives in Latin America, including the expansion of open access fibre optic investments in Peru, Colombia and Chile. Aside from KKR, the firm continues to advise a broad range of sponsors, lenders and investors in energy and infrastructure transactions across the region. Grenfel Calheiros leads the Sao Paulo office and has a fine record in acquisition financings in the energy sector, along with sustainability-linked financings. Juan Naveira is another key partner for energy and infrastructure transactions, along with Juan Francisco Méndez and Todd Crider. Named individuals are based in New York unless stated otherwise.
Praxisleiter:
Todd Crider
Referenzen
‘The team is very diverse and has Latin American lawyers, which makes the work easier, since they understand the complexities of the region. They are very up to date and updated with what is happening in each country, they have a general view of the region that adds value. In addition, they have good relations with all counterparties, especially financial entities, which also makes negotiations flow on excellent terms.’
‘They have great availability. I especially highlight partner Juan Mendez.’
‘They were always up to the challenge, even in highly complex situations. After so many years, we continue to choose them, without a doubt.’
Kernmandanten
América Móvil
Comisión Federal de Electricidad
Goldman, Sachs & Co.
Itaú BBA USA Securities
J.P. Morgan Securities
KKR & Co
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co
MSU Energy Holding
Pan American Energy
Phoenix Tower International
SCC Power
DigitalBridge
Macquarie
SDC Capital
Aligned Data Centers
Scala Data Centers
Highline
Andean Telecom Partners
Mexico Tower Partners
Summit IG
Latitude SH
Sudamericana, Agencias Aéreas y Marítimas
Highlight-Mandate
- Representation of COPEC in connection with the sale of MAPCO Express, a subsidiary that operates a network of 304 fuel services stations and convenience stores in Alabama, Arkansas, Georgia, Kentucky, Mississippi, and Tennessee.
- Represented the lenders in the successful disbursement of a $500m senior secured term loan facility made available to 3R Lux.
- Advised Grupo Romero on its sale of a 50% stake in Trabajos Maritimos to Global Infrastructure Partners.
Stephen Hood & Partners
Stephen Hood & Partners is an international project finance boutique based in Sao Paulo, founded by English law and New York law partners. It has ‘an exceptional commitment to making transactions go ahead‘ and much of the firm’s work centres on energy and infrastructure, with Brazil being its primary focus. Founding partner Stephen Hood has decades of experience at top international law firms and has spent some 25 years focused on Latin America with much of that based in São Paulo. Along with growth across the region, the firm has also expanded its presence in project bonds. It now advises a range of banks and Brazilian corporates, and continues to advise a number of major clients that the two founding partners previously represented while at Davis Polk & Wardwell LLP. The other founding partner Rebecca Roman is New York qualified and has advised on a series of major project financings in Brazil.
Praxisleiter:
Stephen Hood
Referenzen
‘Unique project finance boutique for cross border deals in LatAm.’
‘Stephen Hood has the most experience in LatAm. Rebecca is a machine!’
‘They have absolute availability in favour of the client, and they handle transactions with great quality. The team stands out for its technical skill and experience.’
Kernmandanten
Sete Brasil (in judicial recovery) and its subsidiaries
VINCI Concessions
LimaExpresa
DP World Limited
Tenenge Engenharia
CDV Holding
Highlight-Mandate
- Advised Sete Brasil on its current Recuperação Judicial, including creditor and shipyard-related issues resulting from the construction financing.
- Acted as counsel for Casa dos Ventos in the negotiation and drafting of a Financial Support Framework Agreement with TotalEnergies.
- Advised VINCI Concessions and LIMA Expresa in connection with refinancing an initial bank subordinated loan.
Winston & Strawn LLP
Winston & Strawn LLP continues to advise on a steady flow of renewables and energy transition financings in Latin America. It also has a presence in critical infrastructure projects, including the roll-out of electric bus fleets and fibre optic networks. It remains close to a number of Spanish sponsors and is noted for its work on solar projects in Colombia, Peru and Chile, especially. The firm has also attracted a number of Latin American sponsors as clients, as well as landing a series of green and sustainability-linked bond offering engagements that are connected to significant projects in the region. The immensely experienced Richard Puttré, based in Miami, is chair of the Latin America projects practice and maintains strong connections to key Spanish sponsors. Chair of the Latin America and Caribbean practice, New York-based Talbert Navia is also a seasoned practitioner with an extensive background in projects and energy transactions, including transport infrastructure, mining and energy financings. New York partner Sey-Hyo Lee is further noted for green and sustainability-linked bond offerings.
Praxisleiter:
Richard Puttré; Talbert Navia
Kernmandanten
Suministradora de Buses K Cuatro
Sociedad Química y Minera de Chile (SQM)
Grupo Energía Bogotá (GEB)
Enel Chile
Enel Colombia
Raízen
Total Play Telecomunicaciones
Liwathon
Highlight-Mandate
- Advised Suministradora de Buses K Cuatro along with its sponsors Inversiones Kaufmann and InfraBridge Ebus Chile, on a financing project for an electric bus fleet in Santiago, Chile.
- Acted as international counsel to Grupo Energía Bogotá (GEB) in connection with GEB’s inaugural $400m sustainability bond offering.
- Advised Sociedad Química y Minera de Chile (SQM) in connection with its green bond offering of $750m principal amount of 6.500% notes due 2033.
Akin
Akin is a major player in energy transactions and projects, particularly oil and gas. Through its office in Houston, New York, Washington DC and London, it continues to advise on large-scale matters, including the purchase and sale of offshore oil-and-gas assets, the acquisition of lithium mining rights, and financings for large energy companies. The firm is particularly known for upstream oil-and-gas transactions in Mexico. London partner Daniel Walsh has a substantial focus on Latin America, including energy and mining transactions. Matthew Kapinos is co-head of the firm’s projects and energy transition practice and has a background in Latin America matters; while counsel Eduardo Canales is also a key member of the team, particularly in relation to Mexico oil and gas transactions. Named individuals are based in Houston unless stated otherwise.
Praxisleiter:
Zachary Wittenberg
Kernmandanten
Hokchi Energy
Pan American Energy
Highlight-Mandate
- Represented Hokchi Energy in its sale of a 37% interest in certain producing oil and gas assets offshore Mexico to Mexican subsidiaries of Wintershall Dea.
- Represented Pan American Energy in connection with a $300m A/B loan due 2029 from the Andean Development Corporation (Corporacion Andina de Fomento).
- Represented Hokchi Energy in its purchase of a 15% interest in certain producing oil-and-gas assets offshore Mexico from E&P Hidrocarburos.
Arnold & Porter
Arnold & Porter has a broad-based Latin America projects and energy practice, founded on the firm’s long history in the region. It now represents a mixture of sponsors and lenders in project development and project finance. The practice has achieved further growth in renewables projects in Brazil and is further noted for public-private partnership financing transactions, along with structured finance and securitisation transactions, involving energy and infrastructure assets. Energy transition and sustainability-linked financings are also areas of strength. The team features a significant number of native or fluent Spanish and Portuguese speakers. New York partner Christopher Willott has a background in project financings in Brazil and throughout Latin America, including in renewable and conventional power, transmission lines, petrochemicals and LNG, among other sectors.
Praxisleiter:
Gregory Harringon; Whitney Debevoise; Christopher Willott
Kernmandanten
GNL Chile
Japan International Cooperation Agency; MUFG
Hydro REIN
Fortescue Future Industries (FFI)
Highlight-Mandate
- Advised GNL Chile with respect to its LNG Supply arrangements, Terminal Use Agreement relating to regasification rights in the GNL Quintero regasification facility and its gas supply agreements with Enel, ENAP and Metrogas.
- Advised Japan International Cooperation Agency (JICA) and MUFG in a sustainability-linked financing, with all proceeds to be used by the borrower for the build out of its electrical distribution network in rural North Eastern Brazil.
- Advised Hydro REIN on its co-investment, development and (in Hydro REIN’s capacity as a minority shareholder) financing of the Ventos de Sao Zacarias wind facility and Fotons de Santa Conceicao solar plants to be acquired from Casa dos Ventos (Project Feijao).
CMS
CMS deepened its local expertise with the creation of FAS Advogados, in cooperation with CMS in Sao Paulo, adding to its pre-existing presence in Chile, Colombia, Mexico and Peru. The firm’s international offices outside of the region continue to play an integral role in Latin America, notably with Ted Rhodes leading the Latin America practice and Brazil desk from London; he was previously managing partner of the Rio de Janeiro office for 14 years. The firm has a longstanding record in oil and gas, complemented in more recent years by further activities in the wider energy arena, natural resources, mining and infrastructure. It continues to expand its presence in solar, wind and green hydrogen. Much of the practice involves cross-border deals involving European parties, along with intra-regional transactions. Carlos Hamann is another key partner in Lima, along with Enrique Lorente Ludlow in Mexico City.
Praxisleiter:
Ted Rhodes
Kernmandanten
Prio (ex PetroRio)
Eneva
HydraWell Intervention
Walmart
CDPQ, CKD IM
Autopista del Norte del Grupo Aleatica
Vitol Electricidad de México
Thermion
Lewis Energy
Repsol
Electryon Power
Chevron Petroleum Company
Enel Green Power
Engie
Perenco No
Kimberly Clark
Highlight-Mandate
- Advised Serabi on a mineral exploration development and earn-in agreement with a subsidiary of Vale, to jointly explore for potential copper projects in the areas covered by Serabi’s mining rights.
- Advised Solarpack on the negotiation and termination of the Falcon Solar joint venture with Ardian.
- Advised Eneva on a contract for the acquisition of a land-based drilling rig from German supplier, Herrenknecht Vertical, to be financed by the German export credit agency, Hermes.
Cuatrecasas
Cuatrecasas has made a considerable investment into its Latin America practice, with established offices in Bogotá, Lima, Mexico City and Santiago. The firm advises a range of sponsors and lenders on project financings across the region, notably public-infrastructure projects under concession contracts and other public-private partnership (PPP) arrangements. It has a significant record in energy, transport and other forms of infrastructure, such as social and community infrastructure. The firm continues to standout for its work on road and renewable energy projects. Bogota partner Manuel Quinche has advised on a series of landmark projects in Colombia, especially highways. Lima’s Aldo Reggiardo is another established lawyer in energy and infrastructure matters, as is León López in Mexico City.
Kernmandanten
Bancolombia
CaixaBank
Banco Santander
Vía 40 Express
Macquarie Infrastructure and Real Assets (MIRA)
Banco de Occidente
IBT Group
Private Investment Promotion Agency of Peru (ProInversión)
Natixis
BTG Pactual
Concesionaria Rutas del Valle
Sumitomo Mitsui Banking
EdgeConneX Chile
Macquarie Bank
Consorcio Chicoasén II
Inter-American Development Bank
Highlight-Mandate
- Advised Banco de Bogotá and Banco de Occidente on the financing of a solar power plant in the Colombian municipality of La Dorada (Caldas) with an installed capacity of 129MW, to be developed by Portón del Sol (a subsidiary of Enerfin).
- Advised IDB Invest and Bancolombia on the structuring of a multi-tranche loan to finance the construction, operation and maintenance of two solar photovoltaic plants located in the municipalities of La Gloria, Cesar and Montería in Córdoba, Colombia.
- Advised Banco Santander, JPMorgan Chase Bank and a group of financial institutions on refinancing the Pamplona–Cúcuta project in Colombia.
Gibson, Dunn & Crutcher LLP
Gibson, Dunn & Crutcher LLP has a long history of energy and infrastructure finance, along with M&A transactions in the two sectors. It continues to advise on large-scale investments in energy and infrastructure assets across the region, including advising Abertis Infraestructuras on a $3.3bn investment in a group of toll roads in Puerto Rico. It also advised I Squared Capital and its portfolio company Nautilus Energy Partners on the sale of Energuate, its Guatemalan electricity distributor and subsidiary of Latin American power platform Inkia Energy, to Threelands Energy. Tomer Pinkusiewicz is co-chair of the Latin America group and has an impressive recent record in representing financial sponsors on their investments in Latin America infrastructure assets, along with maintaining a presence in project finance and project bond offerings. Marwan Azzi is also known for advising private equity houses and infrastructure funds on Latin America investments. Toren Murphy and Anita Girdhari provide further senior expertise in project finance, especially in transportation infrastructure. All named individuals are based in New York.
Praxisleiter:
Tomer Pinkusiewicz
Highlight-Mandate
- Advised Abertis Infraestructuras on a $3.3bn investment in a group of toll roads in Puerto Rico.
- Advised I Squared Capital and its portfolio company Nautilus Energy Partners on the sale of Energuate, its Guatemalan electricity distributor and subsidiary of Latin American power platform Inkia Energy, to Threelands Energy.
- Advised Ardian on its acquisition of the Peruvian hydropower business of Latin America Power Holding.
Linklaters LLP
Linklaters LLP brings its global experience in power and renewables, LNG and natural gas infrastructure to its Latin America practice. It has continued to work on headline projects in Mexico, Chile, Brazil and elsewhere, representing some of the biggest names in the energy and infrastructure sphere. Andrew Compton is a partner in the global energy and infrastructure group, with a significant focus on Latin America; notably he works with a wide range of sponsors, lenders and ECAs, including Asia-based institutions. Michael Bassett also brings extensive experience in Latin America project finance, including private placement financings. São Paulo-based Matthew Poulter provides further senior-level expertise. Vijaya Palaniswamy has retired and Alejandro Gordano left the firm in August 2023. Named individuals are based in New York unless stated otherwise.
Praxisleiter:
Andrew Compton
Referenzen
‘Linklaters is a global firm with extensive experience in projects around the world, including Latin America, and has excellent lawyers from different jurisdictions that allows them to tackle complex projects with the appropriate resources.’
‘They are pro deal, experienced, flexible and good-natured, which makes transactions easier.’
Kernmandanten
Fluxys
Saavi Energía /Saavi Energy Solutions
Saavi Energía
Mizuho Bank
BNP Paribas, CIC, SMBC, BPIfrance, EIB and AFD
Highlight-Mandate
- Advised the arrangers and development banks in connection with the development and financing of the Centrale Electrique de l’Ouest Guyanais project, the world’s first and largest green hydrogen-power plant, in French Guiana.
Proskauer Rose LLP
Proskauer Rose LLP's longstanding commitment to Latin America, through its Sao Paulo and New York offices, has brought it a significant flow of project and energy deals, including traditional project financings, bond offerings and M&A transactions. It has close connections to a variety of Latin American sponsors and investors. Its large team in Brazil features both US and English qualified practitioners, who have an extensive record in energy and natural resources financings, waste treatment and infrastructure transactions. New York partner Carlos Martinez is head of the Latin America group and is noted for M&A and restructurings in the energy and natural resources sectors. Head of the Sao Paulo office, Antonio Piccirillo is an established name in project and energy financings, including green loans, power generation and infrastructure financings. David Fenwick is another key partner in Sao Paulo.
Praxisleiter:
Carlos Martinez; Antonio Piccirillo
Kernmandanten
Companhia de Eletricidade do Estado da Bahia
(Coelba) (Neoenergia Group) No
Cala Morritos Power
GCM Mining Corporation
Financial Oversight & Management Board for Puerto Rico (FOMB)
Patria Investments
Elektro Redes (Neoenergia Group)
Highlight-Mandate
- Represented Elektro Redes as borrower and Neonergia as guarantor in a ‘super green Loan’ financing by the International Finance Cooperation (IFC).
- Represented Cala Morritos Power as borrower in a project financing of a 200MW peaker plant in Ovalle, Chile.
- Represented GCM Mining Corporation, a Canadian gold mining company with operations and interests primarily in Colombia and Guyana, on its merger with Aris Gold Corporation.