Hall Of Fame

Next Generation Partners

Projects and energy in Uruguay

Ferrere

Involved in sector-significant energy, natural resources and infrastructure projects, Ferrere remains at the forefront of the market. The firm has a specialist energy practice, encompassing renewables, both upstream and downstream oil and gas, power transmission and green hydrogen projects. As well as a stellar clientele of national and international corporations, the practice also advises the Uruguayan government and public entities. Gonzalo Secco leads the team, bringing extensive experience in energy and infrastructure projects, from renewable energy and oil and gas projects to transmission lines and telecoms infrastructure to tourist, transport and social infrastructure projects. Practice co-head Manuel Lecuona has particular expertise in port, logistics and renewable energy projects. With a diverse client base of multilaterals and financing entities, Sebastián Ramos advises on wind, solar and PPP infrastructure projects. Senior counsel Cristina Vázquez is an expert in PPP and is regularly called upon by clients to prepare private initiatives for infrastructure, port and logistics projects. At the senior associate level, Agustina Pérez Lete advises on the development and operation of wind and solar parks, high-tension lines, and social and transport infrastructure, while Enrique Slekis brings expert knowledge in the renewable energy sector to the team, advising companies on green hydrogen matters.

Responsables de la pratique:

Gonzalo Secco; Manuel Lecuona


Les références

‘It is an excellent firm; they respond to queries in a precise and strategic way. Their responses are usually immediate or very fast. They have the possibility of responding to topics from various countries and also in English.’

‘They provide a comprehensive and agile service for the company’s requirements.’

‘Sebastián Ramos, together with his other partners, always provides precise answers to the questions and conflicts we have.’

Principaux clients

Elera Renovaveis


Enercon


Petrobras


Nordex Acciona


Atlas Renewable Energy


Shell Exploration


ExxonMobil


Grupo Aldesa


Aberdeen Fund Managers Limited


GSEP


Navios


ORPEA


Enel


AGUNSA


Terminales Graneleras Uruguayas


EnerTrag


Kosmos


Jan de Nul


Hyundai


Cobra (Grupo ACS)


OXY Petroleum


IDB Group


CAF (Latin America Development Bank)


CAF-AM


RAFISA


Montevideo Gas & Conecta


Intendencia de Paysandú


EX-IM Bank USA


Blue Arrow


Cobra


Fideicomiso REIF


CDPQ


Bestinver and Aberdeen


Alfanar Energía


Google


Principaux dossiers


  • Advised Google on the development of a data centre campus and a submarine cable project, Firmina, that has recently landed in the Uruguayan shore and connects the US, Brazil and Argentina.
  • Advising Enertrag on the planning and development of the Tambor Green Hydrogen Hub project, to be implemented in the Department of Tacuarembó, in northern Uruguay.
  • Advised the lenders on the financing provided to a Uruguayan trust engaged in the design, construction and operation of a 500kV transmission line that connects the cities of Tacuarembó and Salto.

Guyer & Regules

Praised by clients for its expertise and recognition in the market, Guyer & Regules' projects and energy team provides a one-stop-shop service that spans the industry. Clients, from developers, sponsors and financial entities to major players in the solar and oil and gas sectors, turn to the firm for advice on power purchase agreements, PPP, project financing and the full range of concession, construction and leasing agreements. As well as its prominence in the oil and gas space, the practice has experience in solar and biomass projects, green hydrogen and e-fuels advice and is leading the market in terms of assistance with multi-purpose port terminals. As an established figure in the sector, Juan Manuel Mercant leads the team; his broad energy and infrastructure expertise encompasses oil and gas, renewable energies and hydrogen infrastructure projects. Practice co-head Federico Susena specialises in the oil and gas industry, as well as playing an active role in green hydrogen projects, blockchain facilities and infrastructure developments. Federico Piano focuses his practice on project finance, advising a diverse clientele of developers, financers and institutional investors throughout the full project life cycle, from conception to operation. Marcos Payssé is experienced in PPP projects and project bonds, and counts an impressive list of lenders, developers, agents and sponsors among his clients. At the associate level, Javier Napoleone plays a key role in project finance mandates related to power and infrastructure projects. Tania Cavallo advises both local and foreign banks, multilaterals and financial institutions, as well as negotiating roadway construction contracts with the Uruguayan government.

Responsables de la pratique:

Juan Manuel Mercant; Federico Susena


Les références

‘Guyer’s team is extremely capable, made up of excellent people and professionals. The human quality and depth of knowledge stand out.’

‘The firm’s lawyers have specialisation in the matter. Likewise, they have participated in highly relevant projects which have given them recognition in the market. Guyer & Regules has a multidisciplinary team that allows comprehensive advice to clients on projects and energy. Among the lawyers worth highlighting, I mention Federico Piano.’

‘Extensive knowledge, in addition to legal expertise, extensive knowledge of the context, and the development of energy policy, in addition to participation in academic developments in the sector.’

Principaux clients

Ventus


Acciona


Abertis Total


Shell


Engie


Tesla Energy


NEXZUR


Hudson Clean Energy Partners


Aldesa Construcciones


Consorcio PPP Circuito Vial I (Traxpalco and Hernandez & Gonzalez)


Gasoducto Cruz del Sur


Consorcio PPP Centros Educativos 2 (Saceem / Stiler / Berkes)


Corporación Andina de Fomento


Power Systems


CAFAM Administradora de Activos de Uruguay


Techint


Giacote


GX Technology


Celeo Redes (Elecnor)


Interamerican Development Bank


Consorcio PPP Circuito Vial 7 (GRUPO SAN JOSÉ)


Boskalis


Ontur


Montelencor


Engraw Export & Import


Apache Corporation


YNEL


Blue Arrow


HIF (Highly Innovative Fuels)


DH2 Energy


TETHER


Longreach


Principaux dossiers


  • Assisting CIEMSA in a private initiative proposed to the government to construct and maintain a plant in Montevideo to transform garbage into methanol for fuel for ships and vessels.
  • Advising CIEMSA, SACEEM, TEYMA and FAST on a private initiative for constructing and maintaining water treatment plants and sewers in more than 60 towns and locations in Uruguay.
  • Assisted APA Corporation in the submission of its binding offer to ANCAP concerning Block OFF-6.

Dentons Jiménez de Aréchaga

Dentons Jiménez de Aréchaga remains ahead of the curve in the renewable energy sector, advising on wind and solar project financings, and refinancings and M&A of renewables projects. The team is active in PPP projects, particularly in the road and rail sectors. It continues to expand its practice to encompass the forestry, life sciences and port sectors, advising an impressive clientele of investors, financing institutions and developers. The group is involved in innovative projects, including a green hydrogen project, a water treatment project and a port terminal. Practice head and project financing expert Fernando Jiménez de Aréchaga Jr is active in financings and acquisitions in the renewables, oil and gas and tourism sectors. He is supported by a strong team of senior associates: Carolina Bianchi advises funds and sponsors on PPP projects; Daniela De Castro plays a key role in renewable energy matters; and Alfredo Arocena specialises in project financing.

Responsables de la pratique:

Fernando Jiménez de Aréchaga


Principaux clients

Cargo Line


SACEEM


CIR


Fraylog


Grupo Vía Central


SACYR


Berkes


CIEMSA


GridX


COPASA


Principaux dossiers


  • Advised Consorcio del Agua, a consortium formed by SACEEM, CIEMSA and Berkes, on a public bid to build new water infrastructure in Uruguay and advising on the financing of the project, concession agreements, and environmental and constitutional claims.
  • Advising CargoLine on the building of a port terminal in Concepción, Paraguay, assisting in the acquisition of the site, permits for the terminal and proceedings before CARU.
  • Represented Grupo Vía Central in mediation stemming from the Ferrocarril Central project as a result of significant cost overruns from delays in obtaining local permits from the municipal governments and the international spike in construction materials.

Hughes & Hughes

Specialising in the oil and gas, renewables and wind sectors, Hughes & Hughes advises clients on public and private bidding proceedings, infrastructure projects and PPPs. The team has specialist knowledge of environmental law matters and engineering projects. It plays an active role in PV projects, the financing, refinancing and acquisition of wind farms and tenders for PPP projects across the transport and social infrastructure sectors. Advising a diverse roster of national and international clients, Haroldo Espalter leads the team. Practice co-head Mariana Estradé focuses on project development in the energy and infrastructure sector, including solar projects, educational centres, routes and ports. Clara Villaamil, associate, is active in due diligence processes, playing a key role in the acquisition and financing of energy and infrastructure projects. Associates Ornella Balarini and Florencia Saucedo are praised by clients.

Responsables de la pratique:

Haroldo Espalter; Mariana Estradé


Les références

‘They have very detailed knowledge about projects and energy in Uruguay. It is a delight to work with such detailed lawyers who know every aspect of the area in question. They have a specialist for every requirement we have had. The truth is that they have been very useful both for transactions and for the legal day-to-day management of our companies.’

‘It is a team where the main lawyers who advise us are women, which is something very positive and stands out compared to other firms. Mariana Estrade and Clara Villaamal are always with a positive, proactive attitude. They are very clear in explaining and always tell you what the next steps are, the consequences that each act may have. What I appreciate most is that they are very quick to respond and always very attentive to anticipating problems.’

‘Remarkable involvement in the topic in question by its associates, always being available to the client’s needs and seeking the permanent contribution of solutions.’

Principaux clients

UPM


Akuo Energy


Equinor


Invenergy


Petrel


Dutch Infrastructure Fund (DIF)


Shell


BP


ENAP Sipetrol


BTD Capital 12


Centros Educativos Primera Infancia


Principaux dossiers


  • Advised UPM on the construction of a greenfield eucalyptus pulp mill and related investments.
  • Advised San Miguel on the acquisition of a processing plant.
  • Advised Consorcio Teyma-Chediak on the development and construction of the new Puerto Capurro fishing terminal.

Posadas

PPP projects are a focal point for Posadas, and the team is involved in a range of transport and social infrastructure projects. With a balanced developer and lender practice, the team handles project financing and development and has a strong background in the acquisition of energy and infrastructure assets. The group demonstrates expertise in renewable energy matters and continues to take on new clients in the sector, such as HIF Global and Essential Energy. Tomas Gurméndez jointly leads the team, specialising in the financing of energy and infrastructure projects and with a successful track record in cross-border acquisitions and divestments of energy and project companies. Practice co-head Fernando de Posadas takes a lead role in various construction projects across the hydrogen, pulp and paper, and mining industries. Victoria Garabato counts both lenders and sponsors among her clients, advising on project development, construction and financing.

Responsables de la pratique:

Tomas Gurméndez; Fernando de Posadas


Les références

‘This is a team with attention to detail, attentive and quick to respond, with great performance in cross-border transactions, even with adverse time zones.’

‘Tomas Gurmenéndez: attention to detail, looks for the edge of each issue to ensure that the client obtains the best result even in complex situations.’

Principaux clients

HIF Global


Essential Energy


Inter-American Development Bank (IDB)


Banco de la República Oriental del Uruguay


Banco Santander


Cubico Sustainable Investments


Terna


Global Infrastructure Partners


Banco BBVA


Energy & Minerals Group


Vision Blue Resources


Sumitomo Mitsui Banking Corporation


Hitachi / ABB


República Administradora de Fondos de Inversión


Terminal de Graneles Montevideo


Corporación Andina de Fomento (CAF)


Inter-American Investment Corporation (IIC)


Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE)


Principaux dossiers


  • Assisted HIF Global to win the rights to build a hydrogen and e-fuel production plant in Uruguay worth $4bn.
  • Advised senior lenders Banco Santander and Banco de la República Oriental del Uruguay on the financing of a Prison PPP project worth $85m.
  • Advised MSU on the granting of guarantees by its Uruguayan subsidiary Safenyl for the financing of the construction of the Las Lomas photovoltaic solar farm,