Market: Colombia

Colombian equity fund buys electricity plant

The Colombian Infrastructure Equity Fund (CIEF) has turned to Baker McKenzie (Colombia) to purchase an electricity generation plant from investment group Fondo Ashmore Andino.

08 October 2021

Colombian medical company combines with US SPAC

Greenberg Traurig LLP in Miami and Fort Lauderdale, Arendt & Medernach in Luxembourg and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped international pharmaceutical company Procaps combine with a US special purpose acquisition company (SPAC), in a US$160 million deal that makes the Latin American business a publicly-listed entity.

06 October 2021

Guiding the return to office

The post-pandemic return to the office presents novel hurdles for in-house counsel, so GCs should avoid getting tangled up in the quickly changing consensus by staying abreast of the latest regulations and implementing measures that go beyond the standard, both in the workplace as well as at home.

04 October 2021

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

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