Work Area: Energy

Disputes arise from Colombian hydro dam disaster

A Colombian public utility is seeking US$1.6 billion from a Spanish insurer following the collapse of a hydroelectric dam which caused a major flood, while another billion-dollar dispute with the consortiums behind the project has also gone to arbitration.

21 January 2021

White & Case in Sempra bid to buy Mexico's IEnova for US$5.8 billion

White & Case LLP in New York, Houston and Mexico City has helped US company Sempra Energy launch an offer to acquire the remaining stake in Mexican natural gas company IEnova for US$5.8 billion.

20 January 2021

Japan’s Orix invests in LatAm renewables assets

Linklaters in Madrid and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in Rio de Janeiro have helped Japanese financial services group Orix buy a majority stake in Spanish renewables company Elewan for US$965 million.

18 January 2021

Argentina’s largest electricity supplier gets new investors

Argentina’s Alfaro Abogados and Marval O'Farrell Mairal have helped two local investors acquire a majority share in the country’s largest electricity supplier Empresa Distribuidora y Comercializadora Norte (Edenor) for US$95 million.

15 January 2021

Brazilian subsidiary of Colombia’s ISA buys São Paulo power network

Machado Meyer Advogados has helped the Brazilian transport subsidiary of Colombian infrastructure group ISA acquire the operator of a 30-kilometre underground power transmission network in São Paulo for 1.5 billion reais (US$287 million).

15 January 2021

EIG divestment in Bolivia-Brazil pipeline clears path for Petrobras stake

Paul Hastings LLP in London and São Paulo and Brazil’s Stocche Forbes Advogados have helped US investor EIG Global Energy Partners sell its minority stake in Bolivia-Brazil natural gas pipeline (GASBOL) as it squares up to bid for a larger stake in the same asset, which is likely to be divested by state-owned oil giant Petrobras later this year.

13 January 2021

Pérez Bustamante expands with hire and promotions

Ecuador's Pérez Bustamante & Ponce has hired an energy and natural resources partner from Noboa, Peña & Torres Abogados, while also promoting five senior associates to director across several practices.

12 January 2021

AES snaps up renewables assets in Brazil

Cescon, Barrieu, Flesch & Barreto Advogados has helped Brazilian utilities company AES Tietê Energia acquire two wind farm facilities in north-eastern Brazil for 806 million reais (US$156 million).

11 January 2021

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