Work Area: Energy

Three firms in multi-currency loan for Colombian transmission line

Clifford Chance LLP in Washington, DC and New York and Brigard Urrutia in Bogotá have helped the Colombian branch of Spanish engineering company Grupo Ortiz obtain a two-tranche financing worth US$122 million to fund the construction of a transmission line.

16 September 2021

Latham & Watkins LatAm partner moves to Pillsbury

US law firm Pillsbury Winthrop Shaw Pittman LLP has hired an energy and infrastructure partner from Latham & Watkins LLP, strengthening its Latin America group.

09 September 2021

Engie calls on Stocche Forbes to sell coal-fired power plant

Stocche Forbes has helped Engie Brasil Energia sell a coal-fired thermal power plant to investment company Diamante for 325 million reais (US$62 million).

08 September 2021

GIP buys largest private power generator in Mexico

US investment fund Global Infrastructure Partners (GIP) has hired six offices of Latham & Watkins LLP and Mexican firm Creel, García-Cuéllar, Aiza y Enriquez SC to acquire Saavi Energía from British counterpart Actis for US$275 million.

01 September 2021

Food producer BRF enters renewables JV with AES

Brazilian food giant BRF has enlisted Pinheiro Neto Advogados to form a joint venture with power company AES Brasil Energia to construct a wind farm worth 825 million reais (US$156 million).

01 September 2021

Brazil’s Gás Natural Açu raises funds for thermoelectric plant

Brazil’s Gás Natural Açu (GNA) has hired Milbank in New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo to issue debentures worth 1.8 billion reais (US$347 million).

31 August 2021

Brazilian renewables company issues green debentures

Brazilian renewables company 2W Energia has turned to Lobo de Rizzo Advogados to issue green debentures worth 475 million reais (US$92 million) for the construction of a wind farm.

27 August 2021

Peru defeats hydro arbitration at ICSID

Six hydroelectric power companies have seen their International Centre for Settlement of Investment Disputes (ICSID) case against Peru dismissed on jurisdiction after a tribunal ruled that they could not combine their claims to meet contractual requirements that disputes must be worth over US$20 million to be heard at the centre.

26 August 2021

Enel and Panama settle ICSID dispute

Panama has agreed to pay Italian energy company Enel to settle an International Centre for Settlement of Investment Disputes (ICSID) case over delay in the construction of an electricity transmission line.

24 August 2021

Ex-Schmidt Valois partner re-joins the firm from CTA

Latin Lawyer 250 firm Schmidt, Valois, Miranda, Ferreira, Agel Advogados has reinforced its recognised energy offering by re-hiring former partner Alexei Vivan, who returns to the firm less than a year after leaving it for local outfit CTA Tocantins & Pacheco Advogados.

18 August 2021

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