Projects in Colombia

Arrieta Mantilla & Asociados

The ‘creative and determined’ projects team at Arrieta Mantilla & Asociadosreviews problems from multiple perspectives’, according to satisfied clients. The group frequently works hand-in-hand with the wider firm’s public law practice to specialise in representing public entities, concessionaires and other sector stakeholders on major infrastructure projects and public contracts. Alongside its dominant position in toll-road concession contracts, the group is equipped to handle the full range of projects as demonstrated by its recent roles in airport, irrigation and energy-related matters. Senior partner Álvaro Mantilla is widely revered as a go-to sector expert for his broad experience spanning project development, secondary transactions, and contentious work. The team also draws on public law specialist Yady Villaquirán Castro; administrative law and projects-focused Álvaro Mantilla Sánchez; and up-and-coming partner Ramón Enrique Ramírez. As associate level, Julián González Torres is recommended for his emerging expertise in public procurement processes, among other matters.

Responsables de la pratique:

Álvaro Mantilla; Yady Villaquirán Castro; Álvaro Mantilla Sánchez; Ramón Enrique Ramírez


Les références

The projects team is agile, versatile, concerned with understanding the client’s business, reviews problems from multiple perspectives, is creative and determined.

We value lawyers for their closeness, depth of knowledge combined with pragmatism, and efficiency, particularly Alvaro Mantilla, Álvaro Mantilla Sánchez, and Ramón Enrique Ramírez.

We appreciate the team for its extensive knowledge of the sector’s problems and personalised attention.

Principaux clients

Corficolombiana


Concesionaria Vial de los Andes (Coviandes)


Concesionaria Vial Andina (Coviandina)


Concesionaria Vial de Oriente (Covioriente) and its EPC contractor Proyectos de Inversión Vial del Oriente


Concesionaria Vial del Pacífico (Covipacífico) and its EPC contractor Proyectos de Inversión Vial del Pacífico


Concesionaria Vial del Mar (Covimar)


Concesionaria Panamericana


Proindesa


Aerocali


Estructura Plural Aeropuertos del Suroccidente


Proyectos de Infraestructura y Desarrollo (PISA)


Operadora de Aeropuertos de Centro Norte (Airplan)


Concesiones CCFC


Financiera de Desarrollo Nacional (FDN)


Consorcio Ruta 40


Principaux dossiers


  • Advised Estructura Plural Aeropuertos del Suroccidente (comprised of Corficolombiana and AENA Desarrollo Internacional) on its submission for the PPP for the expansion, renovation, administration, operation, and maintenance of the Alfonso Bonilla Aragón and Benito Salas airports.
  • Advised Corficolombiana on various matters, including on the structuring of the execution of national importance projects through the Public Works Tax Deduction mechanism (“obras por impuestos”)
  • Acted for Consorcio Ruta 40, the EPC contractor in charge of the construction of the Bogotá-Girardot highway, on various matters.

Brigard Urrutia

Brigard Urrutia’s ability to draw on its premier full-service offering is a key feature of its multidisciplinary projects team, which routinely works alongside other practice groups to provide comprehensive advice. Project finance is a notable sweet spot, in line with the wider firm’s top-tier finance capability, and it shines in representing lenders and sponsors on major energy and infrastructure projects. However, it also handles public procurement, project development, and contentious work. Senior contacts include Carlos Umaña, who maintains a broad practice with a focus on infrastructure, public procurement, utilities, and natural resources; managing partner Carlos Fradique-Méndez, who is sought after for infrastructure financings; and Claudia Navarro, who has extensive expertise in regulatory and commercial matters. The department additionally calls upon the experience of banking and finance specialists César Felipe RodríguezMaría Fernanda Diago and Felipe Alarcón, as well as associate practice director Julián Parra. In July 2022, senior associate Juan Pablo Canaval left to join Uraba Highways.

Responsables de la pratique:

Carlos Umaña; Carlos Fradique-Méndez; César Felipe Rodríguez; Claudia Navarro; Maria Fernanda Diago; Felipe Alarcón; Carlos Urrutia


Les références

It is a very committed and capable team, with high level technical knowledge and negotiation skills.

Lawyers are outstanding when negotiating.

The team becomes personally engaged with the project and the client’s vision; it feels almost like in-house staff. The team is always available.

Principaux clients

Termocaribe


Energía de Colombia STR


Metro Línea 1


Financiera de Desarrollo Nacional


Fiduciaria Scotiabank Colpatria


Scotiabank Colpatria


Ashmore Management Company (Colombia)


Bancolombia


Concesión Santa Marta Paraguachón


Concesión Costera Cartagena Barranquilla


Scotiabank Colpatria


Grupo Ortiz


Sumitomo Mitsui Banking Corporation


AMP Capital Investor US


ISA


John Laing


Matrix Renewables


Fábrica Nacional de Autopartes (Fanalca)


Invenergy


Celsia


Perimetral Oriental de Bogotá


Solarpack


Odinsa


Concesión del Sisga


Enel Colombia


Principaux dossiers


  • Advised Solarpack Colombia on the COP and USD financings granted by Inter-American Investment Corporation and Bancolombia to finance solar energy projects “La Unión” and “La Mata”.
  • Advised ZMP Fontibón V and ZMP Fontibón III on the $120m financing granted by Proparco and Financiera de Desarrollo Nacional to finance the acquisition of electric public transportation buses from BYD Auto Industry, in order to provide them to Transmilenio.
  • Advised Concesionaria Férrea de Occidente on the $130m financing of the local train, “Regiotram De Occidente”, which connects Bogotá DC with several municipalities located in the west side of the city.

Durán & Osorio Abogados Asociados

Durán & Osorio Abogados Asociados’ impressive track record in major infrastructure projects scores highly with sources, who appreciate its ‘rapid ability to analyse a project’. The broad practice stands out for its adept handling of projects across all key infrastructure classes, including recent strong showings in rail, roads, healthcare, airport, and water and sanitation, among other market segments. High-profile specialist Álvaro Durán brings to bear pioneering experience in many of the country’s landmark infrastructure matters; he is currently leading the firm’s advice to Empresa de Acueducto y Alcantarillado de Bogotá on the structuring of the $1.3bn Canoas Wastewater Treatment Plant PPP. A former general director of economic regulation for the Ministry of Finance, Jorge Gabriel Taboada is also highly regarded. Other key contacts include Álvaro Gasca, who is particularly recognised for his experience in urban transportation projects. The group additionally draws on a deep bench of experinced senior associates, including Edgardo Maya, Sebastián Duque, Carlos Andrés Sarasti, Daniela Mejía and Felipe Herrera. Former senior Gigliana Rivero Ramirez  left the firm in July 2023, as did partner Carlos Andrés Sánchez.

Responsables de la pratique:

Álvaro Durán; Jorge Gabriel Taboada; Álvaro Gasca


Les références

The team demonstrated a rapid ability to analyse a project — its conditions, particularities and needs — to structure the legal and contractual base to cement the project’s viability and guarantee significant progress in its execution.

Álvaro Gasca and associate Daniela Mejia led our project. Their interest in bringing the best practices and success stories associated with other projects was evident, designing a solution tailored to the needs of our project. Demonstrated professional and ethical rigour in their positions, relationships and deliverables.

We value the team for its collaboration and deal-closing.

Principaux clients

China Harbour Engineering Company


Agencia Nacional de Infraestructura


Departamento Nacional de Planeación


Financiera de Desarrollo Nacional


Patria Investments


Empresa Férrea Regional


Empresa de Renovación y Desarrollo Urbano de Bogotá


Instituto Distrital de Recreación y Deporte


International Finance Corporation


Mercantil Colpatria


Financiera de Desarrollo Territorial (FINDETER) & Prosperity Fund


Concesionaria Rutas del Valle


Interconexión Eléctrica


Odinsa


Empresa de Acueducto y Alcantarillado de Bogotá (EAAB)


Inter-American Bank of Development


Ministerio de Obras Públicas de Panamá


Empresa de Renovación y Desarrollo Urbano de Bogotá


Principaux dossiers


  • Advised International Finance Corporation and Panamá’s Ministry of Public Works on the structuring of Panama’s first PPP project, the $300m East Panama Road PPP.
  • Advised Empresa de Acueducto y Alcantarillado de Bogotá (EAAB) on the structuring of the $1.3bn Canoas Wastewater Treatment Plant PPP project.
  • Advised the Empresa de Transporte Masivo del Valle de Aburrá and Financiera de Desarrollo Nacional on the structuring of a public works contract for the construction and rolling stock procurement of Medellín’s third metro line, the 80th Avenue Metro Line of Medellín.

Philippi Prietocarrizosa Ferrero DU & Uría

Noted for its ‘high technical level and great negotiation skills’, Philippi Prietocarrizosa Ferrero DU & Uría fields a full-spectrum projects practice that is composed of lawyers specialised in public procurement processes, public law, infrastructure and project finance. The group acts for an impressive roster of domestic and multinational clients, with experience in representing the full chain of industry stakeholders, from construction companies and government entities, through to major global lenders and institutional investors. Widely acknowledged as a leader in his field, Jorge Di Terlizzi’s broad infrastructure and projects experience encompasses roads, telecoms, energy, airports, and ports, among other spheres. Di Terlizzi co-heads the group alongside project finance expert Juan Fernando Gaviria, corporate and finance specialist Hernando Padilla, and next-generation projects and infrastructure partner Carlos Padilla. Projects and infrastructure associate Camilo Forero is also noted for his focus on state contracting and litigation.

Responsables de la pratique:

Jorge Di Terlizzi; Juan Fernando Gaviria; Hernando Padilla; Carlos Padilla


Les références

PPU is an ally characterised by its great competitiveness with other big-name firms. It houses a complete and specialised team — both in projects and in other areas — and it provides comprehensive service through physical and technological means.

It fully meets our expectations as clients; it leads us to obtain results based on the strategies and leadership of its collaborators.

It is a team with a high technical level and great negotiation skills.

Principaux clients

John Laing Group


Grupo Aeroportuario del Caribe


Concesionaria Ruta del Cacao


Cintra Global


Vinci Highways/Vinci Concessions


Constructora Conconcreto


Acciona Concesiones


China Harbour Engineering Corporation


Idestra


Fondo de Capital Privado Colombia Infrastructure Equity Fund


Goldman Sachs


JP Morgan


Banco Santander


Deutsche Bank


Mitsubishi UFJ Financial Group (MUFG)


SMBC


Societe Generale


Credit Agricole – Ca CiB


Siemens Financial Services


Financiera de Desarrollo Nacional


Bancolombia


Banco Davivienda


Cititrust Colombia Sociedad Fiduciaria


IFC


BID Invest


CAF


Principaux dossiers


  • Advised the joint bookrunners and initial purchasers (Goldman Sachs and JP Morgan) and the lenders (JPMorgan Chase Bank, MUFG, SMBC, Société Générale, CACIB, Siemens Financial Services, FDN, Bancolombia and Banco Davivienda) on the $906m refinancing of the Rumichaca-Pasto toll-road project.
  • Provided ongoing advice to Grupo Aeroportuario del Caribe on the concession agreement for Barranquilla International Airport.
  • Advised China Harbour Engineering Company and Idestra on the unsolicited PPP proposal for the construction of the second tunnel of the “La Línea Project”.

Castro Leiva Rendón Abogados

Projects work is a mainstay at infrastructure and public law boutique Castro Leiva Rendón Abogados and the group enjoys close relationships with sponsors and concessionaires across all key infrastructure segments. The group’s broad experience spans the full life cycle of matters, from procurement processes, through to project development, litigation, and secondary market activity. Co-founding partner Marcela Castro co-heads the projects and the public law groups and is equipped to handle all infrastructure-related matters, with strong recent experience in financing transactions. Fellow projects and public law co-head José Ignacio Leiva specialises in litigation, administrative and finance law. Natalia Uribe is also noted for her projects focus.

Responsables de la pratique:

Marcela Castro; Jose Ignacio Leiva; Natalia Uribe


Principaux clients

Concesión Briceño-Tunja-Sogamoso


Convías


Concesión Ruta al Mar


Concesión San Rafael


Concesión GICA


Concesión Autopistas Urabá


Concesión Alto Magdalena


Concesión Pacifico 2


Concesión Pacifico 3


Ocensa


WSP


Odinsa


KMA Construcciones


Concesión Devimed


Fondo de Interés Colectivo – Corredores Davivienda


Mota – Engil


Colpatria


Mario Huertas


Sacyr


Concesión Alto Magdalena


SP Ingenieros


Principaux dossiers


  • Advising SP Ingenieros on the award, financing and execution of a $402m PPP project for the construction, operation and maintenance of the secure facilities of the Cali Prosecutor’s Office.
  • Advising Sacyr on the construction, infrastructure concessions and service provision segments of the refinancing process of the Pamplona-Cúcuta Highway project.
  • Advising concessionaires on some of the leading projects in Colombia, including Convías, Alto Magdalena and Ruta al Mar, among many others.

Cuatrecasas

According to sources, the work product of Cuatrecasas‘ projects team ‘is always characterised by high quality’. With a strong orientation towards finance transactions, it acts for a mix of banks, infrastructure companies, concessionaires, and funds on project finance, infrastructure project structuring and public tenders, among other matters. High-profile finance expert Manuel Quinche steers the practice and is highly regarded for project finance transactions. The department also includes dual-qualified (Colombia/New York) project finance and infrastructure partner Ana María Sánchez, who joined in March 2022 from Peruvian firm Rebaza, Alcázar & De Las Casas; project finance-focused Juan Carlos Puentes, who was promoted to partner in April 2022; and senior associate Natalia Arango.

Responsables de la pratique:

Manuel Quinche


Les références

The synergy that is seen across the different teams of this firm is rarely seen in other law firms. The team that Manuel Quinche established in Cuatrecasas is, in my opinion, the most complete for structured finance in the Colombian market.

I have constant contact with Ana María Sánchez, senior associate Natalia Arango and junior Sofía Esguerra. I only have praise for this team; its work is always characterised by high quality — even when working under tight schedules, it manages to adjust commitments and carry out the challenges of large-scale projects. Its lawyers’ personal qualities are also outstanding.

Principaux clients

Bancolombia


Bancóldex, Davivienda, FDN, BID, BID Invest y Fondo Chino de Co-financiamiento para América Latina


Concesionaria Rutas del Valle, Patria Investments, Mercantil Colpatria


Metro Línea 1


Concesionaria Doble Calzada Oriente


Natixis, New York Branch


Transmisora Colombiana de Energía


Unión para la Infraestructura


Bancolombia, Fondo de Deuda Senior para Infraestructura en Colombia CAF-AM Ashmore I


Banco Davivienda


Concesionaria Ruta al Sur


Concesionaria Doble Calzada Oriente


International Construction Bank of China (ICBC), Bank of China


Vía 40 Express (co-obligor), VINCI Highways & Constructora Conconcreto (sponsors).


Principaux dossiers


  • Advised Bancolombia on granting financing to Empresa de Transporte Masivo del Valle de Aburrá to design, build and commission the light rail line along 80th Avenue in Medellín.
  • Advised Concesionaria Rutas del Valle, Patria Investments, and Mercantil Colpatria on the financing of a project developed by Concesionaria Rutas del Valle and which involves the financing, construction, rehabilitation, operation and maintenance of the new Cauca Valley highway network and the Cali and Palmira highway access roads.
  • Advised Metro Línea 1 on a bridge loan governed under Colombian law for up to $200m, and also on a bridge loan governed under UK law for up to $100m, from a group of Colombian and Chinese lenders to design, build, provision, operate, develop and maintain Bogota’s first metro line.

Dentons Cardenas & Cardenas

Dentons Cardenas & Cardenas’ multidisciplinary projects practice strikes a balance between transactional and contentious matters. The group acts for a range of industry participants — including sponsors, construction companies, banks and government entities — with particular activity in the roads, rail, airports, ports and energy sectors. Up-and-coming projects partner Pablo Jaramillo spearheads the group and is recommended for his transactional focus, with experience in the structuring, finance, and development of projects. Ximena Zuleta is the key contact on administrative and public law side and specialises in bidding processes and public contracts. Banking and finance partners Bernardo Cárdenas and Catalina Pinilla are also noted. In June 2022, associate Laura Streubel left to study abroad.

Responsables de la pratique:

Pablo Jaramillo


Principaux clients

Puerto Bahía Colombia de Urabá


Puertos, Inversiones y Obras


United Nations Industrial Development Organization Headquarters (UNIDO)


Banco de Occidente, Banco de Bogotá and Corficolombiana


Bancolombia


Bank of America


Principaux dossiers


  • Advising Puerto Bahía Colombia de Urabá on the Puerto Antioquia project.
  • Advising Puertos Inversiones y Obras, as developer and sponsor, on the multipurpose port terminal in Urabá, Colombia.
  • Advising United Nations Industrial Development Organisation Headquarters (UNIDO) on the ‘Energy Districts in Colombia – Phase II’ project, which aims to foster energy-efficient and sustainable urban development by promoting the development of Energy Districts.

Garrigues

Garrigues is distinguished by its ‘great ability to react to requests or changes in strategy in the development of the project’, according to some. Combining specialists in project finance, M&A, public law, public procurement and regulatory law, the projects group is an increasingly prominent player in the infrastructure sphere in Colombia, with its recent experience encompassing roads, airports, rail, healthcare, and ports, among other market segments. Public contracts and infrastructure expert Adriana Espinosa co-heads the practice together with up-and-coming project finance partner Francisco Noguera. The department also includes Iván Fierro (‘strong knowledge of the infrastructure sector’), who was promoted to counsel in January 2023, and senior associate Juan Ospina (‘excellent experience in concession contracts’).

Responsables de la pratique:

Adriana Espinosa; Francisco Noguera


Les références

A great ability to react to requests or changes in strategy in the development of the project.

Counsel Ivan Fierro demonstrates strong knowledge of the infrastructure sector and good client management. Senior associate Juan Ospina possesses good client management skills and excellent experience in concession contracts.

A coordinated and prepared team, with lots of experience.

Principaux clients

Financiera de Desarrollo Nacional


JPMorgan Chase


Santander México


Obrascón Huarte Lain, sucursal Colombia


Fondo de Capital Privado Deuda Infraestructura Colombia (Gestor Profesional BlackRock Infrastructure Management I)


Cámara de Comercio de Bogotá, Corporación de Ferias y Exposiciones – Corferias and Secretaría Distrital de Desarrollo Económico


Davivienda


Banco de Bogotá


Bancolombia


Banco de Occidente


Universidad Tecnológica de Pereira


Terminal de Transporte


Global Infrastructure Partners


Fondo de Deuda Senior para Infraestructura en Colombia CAF-AM Ashmore I


Grupo Icein


Incot SAC


Mota Engil


Concesionaria Alternativas Viales


Principaux dossiers


  • Advised JPMorgan Chase Bank and Banco Santander México, as lenders, on two USD financings that were granted to Auna Colombia and Auna Mexico for the acquisition of hospital infrastructure in Colombia and Mexico.
  • Advised Global Infrastructure Partners, as mezzanine lender, on a $110m financing that was granted to Puerto Antioquia Holding, as one of the shareholders of Puerto Antioquia port in Urabá.
  • Acted for the lenders (Ashmore, BlackRock and FDN) in an approximately $176m refinancing for Concesión Transversal del Sisga, as concessionaire of the 4G toll-road project “Corredor Transversal del Sisga”.

Gómez-Pinzón Abogados (GPA)

Lawyers at Gómez-Pinzón Abogados (GPA) are ‘diligent and proactive in finding solutions’, according to sources. The interdisciplinary projects group handles a broad scope of public bidding processes, project finance, project development, and contentious matters; with the ability to draw on its wider full-service practice to resource larger matters. Department co-head Paola Larrahondo sits in both the infrastructure, and the administrative and constitutional law teams and acts for a mix of concessionaires, public entities, and investors on projects work. Fellow co-head José Luis Suárez is recommended for his project finance expertise. Senior associates Juan Antonio Ucrós (infrastructure and administrative law) and Catalina Prieto (banking and finance) are also noted.

Responsables de la pratique:

José Luis Suárez; Paola Larrahondo


Les références

Maintains a good relationship with the client and other stakeholders. Lawyers are professional, diligent and proactive in finding solutions.

The team’s experience makes it stand out, as it allows it to quickly identify the risks and solutions to legal problems.

One of the qualities that caught my attention the most is the good attitude of the team and, in general, the good work culture that is felt among its members. Lawyers work long hours but they don’t feel frustrated or exhausted, quite the contrary; people feel very good in the team and reinforced to give their best.

Principaux clients

CRRC (Hong Kong)


Metro De Bogota


Cal y Mayor


Bancolombia


Kohlberg Kravis Roberts & Co


EDF Renewables Colombia


GAC Energy Spain (Glenfarne Asset Company)


Corporación Andina de Fomento and ESSA


Financiera de Desarrollo Nacional


Sociedad Portuaria Río Córdoba


Mota-Engil Engenharia e Construcao


Jajomar


DB Engineering & Consulting


VGMobility


BEV


Transinnova


IDOM Consulting, Engineering, Architecture and Central Intermodal de Palmira (CIT)


Sumatoria


Principaux dossiers


  • Advised CRRC (Hong Kong) and Mota-Engil, Engenharia e Construção on the construction of the second line of the Medellín Metro.
  • Advised Metro de Bogotá on matters relating to the concession contract for the construction and operation of the city’s first metro line, which is currently under construction.
  • Advised Cal y Mayor and Jajomar on the structuring of an unsolicited proposal for the development of the first on-street parking system in Colombia.

Posse Herrera Ruiz

Posse Herrera Ruiz’s cross-practice projects offering is composed of ‘subject matter experts who are extremely knowledgeable’, according to some. Consistently working alongside other practice groups from across the firm, the team advises on a broad scope of work, including tender processes, project financings, and dispute resolution. Banking and finance specialist Mariana Posse jointly leads the department together with energy and natural resources expert Alvaro José Rodríguez, and infrastructure and public law partner Cristina Vásquez. Other key contacts include finance-focused Jesús Albarrán, who was promoted to partner in January 2023, and associate Catalina Posada, who also advises on finance matters.

Responsables de la pratique:

Cristina Vázquez; Mariana Posse; Álvaro Jose Rodríguez


Les références

The relationship with the client is exceptional. We value its lawyers’ knowledge and experience in the topics under consultation.

We highlight its depth of work, particularly Cristina Vázquez.

Posse Herrera Ruiz’s team includes subject matter experts who are extremely knowledgeable, professional, and dedicated.

Principaux clients

Sacyr


Puerto Antioquia


CAF Ferrocarriles


Grupo Costanera


John Laing


Odinsa


SeaOne Holdings


Akuo Energy Colombia


Sociedad Concesionaria Vial Montes de María


Financiera de Desarrollo Nacional


Northland Power


Atlas Renewable Energy


Terpel


Bancolombia


Principaux dossiers


  • Advised Concesionaria Vial Unión del Sur (as concessionaire), and Sacyr Concesiones Colombia and Sudamericana Integral de Construcciones Sudinco Colombia (as sponsors), on the long-term refinancing of the Rumichaca-Pasto 4G toll-road project.
  • Advised the sponsors of Puerto Antioquia on the negotiation and execution of an investment agreement and shareholders’ agreement related to the negotiation of long-term PPAs and interconnection agreements for the project.
  • Advised AC Capitales on the negotiation and execution of an investment agreement, shareholders’ agreement and EPC contract in connection with its acquisition of a 30% stake in Doble Calzada Oriente.

Baker McKenzie S.A.S.

Over the past year, Baker McKenzie S.A.S. secured key roles in a string of projects, with a focus on the road, power and airport sectors. Particularly recognised for its record in representing lenders, the group also frequently acts for project sponsors, construction companies, investors and government entities. Project finance specialist Alejandro Mesa is noted for his ‘strong experience and commercial instinct’; he co-heads the department together with recently promoted (July 2023) partner María Montejo, who specialises in public procurement and infrastructure. Former department co-head Carolina Duque left to establish her own firm in January 2023.

Responsables de la pratique:

Alejandro Mesa; Ricardo Trejos


Les références

Baker McKenzie is very knowledgeable on the latest news and regulatory developments in the energy industry, and is very proactive. This is particularly appreciated, since one can trust the soundness of the advice received.

The team’s strongest points are its availability, speed in responses, and its adaptation to changes and unforeseen events that may arise in any large transaction.

A willing and capable team, which is very well organised and interdisciplinary.

Principaux clients

Bonus Banca de Inversión


Grupo ADO


Graña y Montero


China United Engineering


Oak Creek Energy


Brookfield Infrastructure


Coremar Compañía de Servicios Portuarios


Grupo Ethuss


Autopista Río Magdalena


Aleatica


Unión Para la Infraestructura


Banco Davivienda


Dalberg Consulting-US


Termomorichal


Unión para la Infraestructura (UPLI)


The Bank of Nova Scotia


Aeropuertos de Oriente


Palermo Sociedad Portuaria


Principaux dossiers


  • Advised Bonus Banca de Inversión on the structuring of two PPP projects involving the construction, refurbishment, operation and maintenance of national roads in Colombia.
  • Advised Unión para la Infraestructura (UPLI) on the negotiation of a $394m credit line and also on the mezzanine facility granted by Global Infrastructure Partners to a port in the northern department of Antioquia.
  • Advised Aeropuertos de Oriente (the concessionaire of six important airports in Colombia) on the refinancing of its financial debt.

DLA Piper Martinez Beltrán

DLA Piper Martinez Beltrán’s projects team finds favour for its ‘high level of responsiveness and accountability’. The group acts on a significant volume of secondary market transactions — Macquarie Asset Management stands as a trophy client in this segment — and also handles project finance and development work. Banking and finance specialist Sebastián Lora co-heads the department alongside infrastructure, projects, and public law partner Olga Lucía Ramírez, who joined in August 2022 from the Ministry of Transportation. Private equity expert Felipe Quintero and managing partner Camilo Martínez also handle projects-related matters. Former department co-head Paola Aldana  left to go freelance in February 2023.

Responsables de la pratique:

Olga Lucía Ramírez; Sebastián Lora


Les références

The partners were more involved in the transaction than we have seen at other firms.

We recommended lawyers for their high level of responsiveness and accountability.

Principaux clients

Macquarie Asset Management


Bancolombia, Banco De Bogotá, Banco De Occidente and Instituto para el Desarrollo De Antioquia


John Laing Group


Macquarie Infrastructure and Real Assets


La Peninsular Compañia Constructora, sucursal Colombia


Bancolombia, Financiera de Desarrollo Nacional – FDN, and Compartimento a del Fondo De Capital Privado FCP Deuda Infraestructura II Sura – Credicorp Capital


Termoeléctrica El Tesorito


Principaux dossiers


  • Advised Macquarie Asset Management on the acquisition of 50% of Odinsa’s stake in Bogotá and Quito Airports for approximately $310m, among other matters.
  • Advised Bancolombia, Banco de Bogotá, Banco de Occidente and Instituto para el Desarrollo de Antioquia on a financing of up to $332m to finance a cash out, the payment of the outstanding debt and to pay project costs of the Vías del Nus toll-road project.
  • Advised John Laing Group on the acquisition of two electric bus concessions in Bogotá from Somos K and Ashmore Andean Fund II.

Infraestructura Legal SAS

Infraestructura Legal SAS’ boutique model is commended by sources who say it ‘provides personalised services and offers tailored solutions for each project’. The firm’s exclusive focus on infrastructure law, with a particular orientation towards PPP projects, marks it as a popular choice to represent both private and public-sector clients on projects-related work. The group is co-led by Francisco Suárez, who has a focus on administrative law and infrastructure project management, and Francisco Real, who also has a strong administrative law dimension to his practice.

Responsables de la pratique:

Francisco Suárez; Francisco Real


Les références

Infraestructura Legal, being a boutique, stands out from other teams in the sense that it provides personalised services and offers tailored solutions for each project; it is not limited to replicating processes from other projects, as can happen with larger firms.

The team has extensive experience in the infrastructure sector, which allows it to offer integral solutions, understanding that in PPPs there are two agents who should benefit, the public and the private sector.

Francisco Real stands out for: knowing the needs of granting public entities, and at the same time knowing the requirements of investors and lenders; he is a pragmatic lawyer, in the sense that he offers simple alternatives to complex problems; he is a partner that has extensive knowledge of the sector.

Principaux clients

Bonus Banca de Inversión


Odinsa


MGM Innova Capital


Instituto de Desarrollo Urbano (IDU)


Ernst & Young


HMV Consultoría


Principaux dossiers


  • Advised Bonus Banca de Inversión on the legal structuring of the PPP project for the recovery of degraded ecosystems of the Dam Watercourse — Canal del Dique — in the Magdalena River, for ANI, Cormagdalena and the Adaptation Fund.
  • Advised the Instituto de Desarrollo Urbano (IDU) on long-term construction contracts for the city, including recently advising on the public tender for the construction of a cable car transportation system for the town of San Cristóbal.
  • Partner Francisco Real supervised the financial obligations of the concessionaire in the preliminary phase of the project for Line 1 of the Bogotá Metro.

Rincón Castro Abogados

New entrant to the table for 2022/23, Rincón Castro Abogados was established in February 2023 by former partners of public law, projects, and dispute resolution boutique, Zuleta Abogados Asociados. The group continues to represent domestic and multinational corporations and state entities across a diverse range of infrastructure projects, disputes, and regulatory issues, with notable expertise in bidding processes and arbitration. Infrastructure and public law partner Miguel Castro ‘produces excellent work’ and heads a team that also draws on arbitration specialist Rafael Rincón and senior associate Juan Camilo Artunduaga.

Responsables de la pratique:

Miguel Castro


Les références

A very high level of service and excellence. Feels like an American law firm. Calls are held at midday, and feedback is sent by the end of the day. Quick to turn around comments, and furnish deliverables. Excellent command of English. Top-notch and well-rounded associates. An exciting and highly motivated firm.

Rincón Castro Abogados is characterised by its focus on detail, which allows it to anticipate possible responses or actions by the counterparty and thus adopt the best decision in each case.

Miguel Castro and associate Juan Camilo Artunduaga, in addition to being highly specialised lawyers, are characterised by their customer focus, service and attention to detail.

Principaux clients

KMA Construcciones


Macquarie Asset Holdings


DIF Infrastructure VI Cooperatief


Ortiz Construcciones y Proyectos


Pavimentos Colombia


Mario Alberto Huertas Cotes


Coherpa Ingenieros Constructores


Obras y Servicios (COPASA)


KPMG Colombia


BTS Concesionario


Concesionaria Férrea de Occidente


Conconcreto


Odinsa


Hidalgo e Hidalgo / Construcción y Administración (CASA)


Autopistas del Caribe


Perimetral Oriental de Bogotá


CAS Mobiliario


Autopista Magdalena Medio


Autopista del Río Grande


Autopista ALO Sur


Soltec Trackers Colombia


ASCH Infraestructuras y Servicios


Principaux dossiers


  • Advised Concesionaria Férrea de Occidente on concession contract clauses for the finance, design, building, operation and maintenance of Regiotram de Occidente, a public passenger rail transportation project in Cundinamarca.
  • Advised Ortiz Construcciones y Proyectos and KMA Construcciones on the bidding process for two PPPs to design, build, operate and maintain national highways.
  • Advised Autopista Magdalena Medio on the EPC and O&M contracts for the construction and financing of the Puerto Salgar-Barrancabermeja Highway.

Ariza & Marin

Ariza & Marin has a strong record in advising construction companies on project development and contentious work, with a particular focus on matters in and around its home city of Medellín. The group’s infrastructure expertise spans a wide range of areas, including roads, energy, aqueducts, sanitation, and government buildings, and it counts both domestic and international names among its clients. The department is led jointly by Camilo Marín, who specialises in project development and arbitral proceedings; and Carolina Ariza, whose practice focuses on administrative law and civil liability.

Responsables de la pratique:

Camilo Marín; Carolina Ariza


Les références

The team specialises in matters concerning the city of Medellín, and in the contracting of one of the largest municipal companies in the country, Empresas Públicas de Medellín. This specialism was what led us to hire the firm, and its performance has been very positive.

Lawyers are very willing to listen to the client. There is a pyramid structure where the most important documents are not sent without the respective review of the most expert lawyers. In the same way, the firm has lawyers specialised in different topics, which means it provides specialist advice.

Principaux clients

Consortium San Vicente (Andina de Construcciones y Asociados y Conintel


Proyectos de Infraestructura (Proing)


Consortium Gaico-Hycsa


Consortium ANSA (Andina de Construcciones y Asociados and Sanear)


Empresa Para el Desarrollo Territorial – Proyecta


ICPB


Ingenierías Aliadas


Construcciones AP


Paecia


Ingeniería y Contratos


Consortium Acueducto Redes San Nicolás (Andina de Construcciones and Redyco)


Principaux dossiers


  • Advised Ingenierías Aliadas on the negotiation of the purchase and sale, as well as on the operation and maintenance contract, of the Cantayús hydroelectric power plant project.
  • Advised Consortium Redes Fonseca 2022 on the pre-contractual and contractual stage of a contract for the optimisation of the aqueduct system of the municipality of Fonseca.
  • Advised Consortium San Vicente on the contract for the construction of the Héctor Abad Gómez National School of Public Health for the Universidad de Antioquía.

Coral Delgado & Asociados

Infrastructure is a core pillar of Coral Delgado & Asociados’ firm-wide practice and it possesses extensive experience in project structuring and contracting, as well as contentious matters. Road concessions are a notable sweet spot, but the firm also handles rail, port and social infrastructure projects, among others. Alfredo Coral has a focus on administrative litigation, particularly in relation to state contracts, and co-heads the group alongside Javier Delgado, who specialises in the structuring and development of infrastructure projects. Associate Diana María Bonilla moved in house at grupo Ortiz in March 2023.

Responsables de la pratique:

Alfredo Coral; Javier Delgado


Goh

Goh’s ‘very dedicated’ team represents both private and public-sector clients on projects work. The group’s experience spans project finance, PPP, and EPC contracts, while it also draws on the wider firm’s arbitration practice for supplementary support in contentious matters. Following the departure of Jaime Moya, who went independent in February 2023, the department is now led by tax and natural resources specialist Juan Pablo Godoy. In March 2023, the firm hired new director of public law and infrastructure Claudia Patricia Barrantes, who joins from Palacio, Jouve & García. Senior associate Steffany Serebrenik left in March 2023.

Responsables de la pratique:

Juan Pablo Godoy


Les références

Lawyers are very dedicated to their practice and demonstrate thorough knowledge and experience.

Principaux clients

OHL Colombia


Sacyr Concesiones Colombia


Esenttia


Concesionaria Desarrollo Vial al Mar (Devimar)


Empresas Públicas de Medellín


Hyundai Engeneering and Construction


Stoa Infrastructure & Energy


Strabag


Concesionaria Alternativas Viales


Mafer Real Estate de Colombia


Muñoz Tamayo & Asociados

Over the past year, Muñoz Tamayo & Asociados’ projects practice has added five new clients to its roster, including international construction companies and investment funds. The group is primarily recognised for its experience in privatisations, public tenders, and PPP processes, with strong recent showings in the public transport and utilities spheres. Founding partner Diego Muñoz Tamayo heads the department and is noted for his extensive transactional experience. The team additionally includes Felipe Trías, who also specialises in corporate and finance matters. Former senior associate Antonio Rojas Mayol left the firm in June 2022.

Responsables de la pratique:

Diego Muñoz Tamayo


Principaux clients

AMP Capital


Dataprom Equipamentos E Servicios De Informati Industrial


Líneas Aéreas Suramericanas


IDC Construcciones


Promotora Convivienda


Principaux dossiers


  • Advised AMP Capital on its investment in two concessionaire companies that were awarded concession contracts by Empresa de Transporte del Tercer Milenio (Transmilenio).
  • Advised Dataprom on matters related to its participation in the implementation and operation of the collection system for Cartagena’s mass transportation system.
  • Advised Promotora Convivienda, which is currently building a residential development in the suburbs of Bogotá, on obtaining the necessary permits and approvals to continue with the development of the project.

Palacio, Jouve & García

Palacio, Jouve & García’s practice is praised by sources for ‘its in-depth analysis of the issues’. The group specialises in matters at the intersection of projects and public law, with a focus on state contracting, infrastructure, and public services — including contentious work. Administrative law specialist Luis Felipe Arrieta Palacio steers a practice group that also includes infrastructure and public law partner María Teresa Palacio; administrative law litigator María Lucía Posada; and Antonio Jouve García, who ‘takes the time to understand the needs of clients’.

Responsables de la pratique:

Luis Felipe Arrieta Palacio


Les références

PJG is composed of excellent lawyers. The practice stands out for its in-depth analysis of the issues that are submitted to it, the high professional performance of its work team, and of course, for its high-quality standards. Its considerable billing is a reflection of customer satisfaction.

The firm’s lawyers are highly trained, well positioned in the professional and academic world and, of course, quite skilled in satisfying the interests of their clients. María Teresa Palacio and Luis Felipe Arrieta Palacio stand out for their impeccable professional and academic career.

The PJG team has extensive experience in the area of administrative law (contract management). Its specific dedication to each client makes it special in the sector.