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ENERGY

Our energy team has strong expertise providing advice in all segments of the electricity market, including investment opportunities, regulatory issues, tariff matters, administrative procedures, acquisitions of projects and assets, negotiation of contracts, strategy and planning. The team actively advises regulated clients with regards to the regulatory procedures to set tariffs in the transmission and distribution segments.

We are one of the few firms in Peru with the resources and breadth of knowledge necessary to expertly handle large M&A deals and financings in the power sector, which invariably involve complex regulatory issues. The firm also has outstanding competition law expertise, which is critical to all M&A deals in the energy sector, such as the acquisition of power generation plants, transmission lines and energy assets.

We have a market-leading regulatory practice, which is crucial to the firm’s activity in the power sector. The firm has strong expertise in project development (advising on the financing, construction and operation of power facilities, transmission and distribution lines) which includes permitting and the transfer of permits and complex regulatory matters relating to generation, transmission and distribution systems.

We stand out for our market-leading experience advising power generation companies (including the most important thermoelectric and hydroelectric power plants, as well as wind farms and solar energy plants) and providing high quality, innovative advice. The team also has key experience providing services to electricity agents under special regimes and renewable energy resources, including advising on the development of such projects. Similarly, the team provides high quality advice to important non-regulated clients.

Likewise, we have an outstanding track record in dispute resolution in the power sector; the firm is regularly called upon to handle cases involving complex regulatory issues, ranging from administrative litigation to international arbitration.

A SAMPLE OF OUR EXPERIENCE

  • We regularly advise all the electricity companies in the IC Power group. We provide comprehensive advice on regulatory matters, litigation, financing, administrative procedures, permitting, among others.
  • Advising Samay regarding the permitting, regulatory issues and disputes related to the financing, construction and operation of Puerto Bravo non-spinning reserve power plant in Mollendo (720 MW), southern Peru. We also advised Samay I S.A. on the US$ 330 million credit facility granted by The Bank of Nova Scotia and Sumitomo Mitsui Banking Corporation. The proceeds of the loan were used by Samay I S.A., among others, to refinance a credit facility obtained in 2014 for the construction of its 708 MW cold reserve power plant located in the Arequipa Region, Peru.
  • We are the principal advisor in Peru of Atlantica Yield Group. We are providing broad advice to all the companies of the Atlantica Yield Group, which includes the acquisition of transmission systems and power plants.
  • We are advising Minera Chinalco Peru on all the regulatory issues and procedures related to the supply of electricity to the Toromocho mining project extension. This project is one of the most important mining projects in Peru.
  • We provide broad advice to Cálidda Energía (electricity company related to Gas Natural de Lima y Callao, the most important gas distribution company in Peru) including the development of its first auto-generation project to provide electricity to a commercial consumer including the construction and operation of a thermoelectric plant, which is the first time such project has been carried out in Peru.
  • We have provided administrative and regulatory advice to Enel Distribución in the regulatory procedure, conducted by the National Regulatory Agency in Energy (OSINERGMIN) to establish certain tariff factors applicable to the provision of the electricity distribution service in the Province of Lima during the period 2018-2023.

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