PROJECT FINANCE AND INFRASTRUCTURE
Our Firm is a market leader advising in the development and financing of infrastructure projects across many industries in Peru, including ports, highways and other transportation infrastructure, digital infrastructure, energy and renewables, sanitation projects, health, education and other social infrastructure.
Peru has a significant infrastructure gap, however, has maintained stable macroeconomic foundations. This reflects the country’s high potential for project investment, development and finance, whether for greenfield or brownfield projects. It is expected that the country will continue to promote and pursue new Public-Private Partnerships (PPP), Government-to-Government (G2G) and hybrid structures to bridge the infrastructure gap.
Over the past two decades we have been active as external advisors to local and international project developers, sponsors, financial entities, operators, project management offices, infrastructure funds, multilateral and governmental entities in complex matters and large-scale infrastructure projects. Our team has a unique blend of regulatory and transactional capabilities to advise on the full life cycle of a project.
Partners: Luis Miguel Elias, Alberto Rebaza, Maite Colmenter
RELEVANT EXPERIENCE
Celsia, as sponsor, on the financing granted by SMBC for the development of a platform for renewable energy projects in Peru.
BBVA and Santander, as lenders, on the €320 million project financing granted to Nabiax, one of the world’s first sustainable transactions related to digital infrastructure assets.
Volcan Compañía Minera, as co-sponsor with Cosco Shipping Ports, on the US$975 million project financing of the Chancay mega port project.
Republic of Peru / SICRECI: Partner and Head of Practice, Luis Miguel Elias, acted as independent legal expert in an international arbitration dispute before the International Centre for Settlement of Investment Disputes (ICSID) related to the development and financing of renewable energy projects in Peru.
Stonepeak Infrastructure Partners, as sponsor, on the development and financing of its optic fiber and data center business in Peru, Argentina, Brazil, and Chile.
International Finance Corporation (IFC), as permitted creditor, on the project financing and expansion of APM Terminals’ Callao Multipurpose North Port.
Monte Azul, as project operator and borrower, on the financing, construction, development, and operation of an automated hydrocarbon terminal in Mollendo, Arequipa for the reception, storage and dispatch of liquid fuels.
Egis Group, on the Project Management Office and technical assistance for two major road projects.
Proinversion, the Peruvian Private Investment Promotion Agency, on the Public Private Partnership – PPP standardized template agreement to be used in future PPP projects in Peru.
Cirion Technologies, as project operator and borrower, on the development and financing of its digital infrastructure business in Peru.
Meta (formerly Facebook), on the joint investment with IDB Invest, CAF and Telefónica in the project “Internet para Todos” (Internet for All) that aims to provide connectivity to rural communities in Peru and access to 3G and 4G infrastructure.
La Virgen, as project operator and borrower, on the financing granted by CAF and DEG for the construction, development, and operation of a hydroelectric power plant in Junín, Peru.
Lima Airport Partners, as concessionaire and issuer, on the international debt offering to finance the development of the Lima Jorge Chavez International Airport.
Deloitte Talara Consortium, on the Project Management Office for PetroPeru’s US$4.9 billion Talara Refinery Modernization Project.
Related Practices
Mining
Financings