Market: Colombia

Danish electric vehicle business buys Celsia Move in Colombia

VIP Green Mobility, a Copenhagen-based electric car rental company, has enlisted Gómez-Pinzón to acquire Celsia Move for 123 billion Colombian pesos (US$32 million).

28 September 2021

Renewables group gets loan for Colombian hydroelectric plants

The Latin American Renewable Energy Investment Fund (Grupo LAREIF) has turned to Hoyos Gómez Abogados in Bogotá to obtain a financing package worth of 350 billion Colombian pesos (US$92 million).

27 September 2021

Barranquilla gets loan for infrastructure investments

The Colombian district of Barranquilla has hired Clifford Chance LLP in New York and Mendoza in Bogotá to obtain a US$100 million financing from Deutsche Bank.

23 September 2021

Several firms help Avianca land DIP-to-exit financing

Milbank in New York, Gómez-Pinzón in Bogotá and Morgan & Morgan in Panama City have helped Colombian airline Avianca obtain a US$1.05 billion facility that will help it exit its existing debtor-in-possession (DIP) financing.

22 September 2021

Colombia’s Odinsa and Australian fund set up investment platform

Colombian infrastructure group Odinsa has enlisted Posse Herrera Ruiz in Bogotá to team up with Australian asset manager Macquarie to create a toll road-focused investment platform in the Andean country.

21 September 2021

Colombia liable in high-mountain mining dispute

A divided International Centre for Settlement of Investment Disputes (ICSID) tribunal has found Colombia liable in a US$700 million claim brought by a Canadian mining company that was deprived of its right to operate within an environmental preservation zone.

17 September 2021

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

Fruit business gets loan for operations in Colombia and Peru

Three subsidiaries of Peruvian fruit exporter Grupo Cerro Prieto have hired Miranda & Amado Abogados in Lima to obtain a US$160 million loan.

14 September 2021

Mercado Livre buys logistics company in cross-border deal

The Brazilian branch of Buenos Aires-headquartered e-commerce company Mercado Libre has relied on Bronstein, Zilberberg, Chueiri e Potenza Advogados in São Paulo and Brigard Urrutia in Bogotá to acquire Brazilian logistics company Kangu.

07 September 2021

Four firms guide Ecopetrol to US$1.2 billion loan in Colombia

Colombian petroleum company Ecopetrol has hired Shearman & Sterling LLP in New York and local firm Brigard Urrutia to obtain a US$1.2 billion credit facility.

06 September 2021

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