Market: International

New Fortress signs PPA and raises funds for projects in Brazil

Two Latham & Watkins LLP offices and two Mattos Filho offices have helped Ceiba Energy sign a power purchase agreement (PPA) with US-based power company New Fortress Energy (NFE).

03 January 2024

Familiar firms return for Vesta follow-on in Mexico

Two Davis Polk & Wardwell LLP offices and Ritch Mueller y Nicolau, SC in Mexico City have helped Vesta raise US$148 million in a follow-on offering, after the Mexican real estate company debuted on the New York Stock Exchange (NYSE) last year.

02 January 2024

France’s Eramet acquires Chilean lithium operations

French mining company Eramet has turned to Philippi Prietocarrizosa Ferrero DU & Uría (Chile) to make its first foray into Chile’s lithium market by acquiring the mining rights for seven salt deposits in a deal worth US$95 million.

21 December 2023

Argentina defeats claim over electricity regulation

A split International Centre for Settlement of Disputes (ICSID) tribunal has rejected a Spanish company’s US$668 million treaty claim against Argentina over changes to the state’s electricity regulatory framework.

20 December 2023

Where there’s risk, there’s opportunity for private equity in LatAm

Latin American markets may be among the most volatile when it comes to political and economic instability, but the region should take advantage of interest from large international investors and sovereign wealth funds that are willing to take short-term risks in exchange for long-term returns, said panellists at Latin Lawyer’s M&A conference in São Paulo.

19 December 2023

Colombia’s Grupo Trinity acquires Spanish cosmetics brand

Two DLA Piper LLP offices have helped Colombian investor Grupo Trinity acquire the cosmetics chain of Spanish retail company Grupo Dia for some 42 million euros (US$46 million).

19 December 2023

AI is not a threat, but a chance to do more with less

As the challenge to do more with a smaller budget remains, legal departments should not be scared to incorporate technology tools and AI but embrace them as an opportunity to do more with less and increase productivity, urged speakers at the LACCA Regional Meeting in Miami.

18 December 2023

Emergent Cold GC reveals keys to ambitious M&A strategy

Emergent Cold started as a business plan in a WeWork space four years ago in Miami Beach – it now operates in 11 countries across Latin America. Michael Bender, GC and co-founder, tells LACCA about the unique challenges of M&A with family-owned businesses and how the refrigerated storage company plans to bolster food security in the region.

18 December 2023

LACCA Miami: in pictures

Earlier this month, LACCA returned to Miami for its annual regional conference, where leading in-house lawyers and external counsel from across Latin America came together to explore current trends in the legal market, including implementing AI and technology into legal departments, ESG and retaining talent.

18 December 2023

Emergent Cold obtains US$500 million in funding round

Three Latham & Watkins LLP offices have helped Latin American refrigeration services provider Emergent Cold raise US$500 million in a funding round.

18 December 2023

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