Baker McKenzie's market-leading Latin America transactional practice was recognized with two “Deal of the Year” accolades at the IJGlobal Americas Awards. At the awards ceremony, held in New York on March 14, the Firm was also nominated as a finalist in the 2018 Latin American Local Legal Adviser of the Year: Peru category.
The Project Finance and Infrastructure Journal (IJGlobal) has celebrated excellence and innovation in the international infrastructure and energy sectors for almost two decades.
“These recognitions highlight our region-leading transactional capabilities, not only in market but also cross border,” said chair of Baker McKenzie's Latin America regional council Jaime Trujillo. “Our teams on the ground in Latin America work seamlessly with counterparts in North America to provide clients with best-in-class legal advice on the most complex transactions involving key infrastructure projects in Latin America” Trujillo added.
Baker McKenzie's transactions awarded “Deal of the Year” were:
2018 Latin American Transmission Deal of the Year: Cajamarca
The Firm's Latin America project finance team in New York advised BOW Power on a USD175 million refinancing of its Cajamarca Transmission Line in Peru. The transmission line, already in operation, runs 370 kilometers across Northern Peru, connecting Carhuaquero, Cajamarca, Caclic and Moyobamba.
The team was led in New York by partners Margarita Oliva and Rafael Berckholtz and associates Maria Fernanda Diago and Uldarico Ossio. The team was supported by specialists in various fields from securities, investments, tax, and ERISA including: Carol Stubblefield, John Lawlor, Thomas Rice, Patrick Cox, Michael Poland and Terence Gilroy. Regulatory support in Peru was provided by Ines Vazquez and Juan Carlos de los Heros.
This transaction was also recently recognized as the Niche Market Deal of the Year at the 2019 Bonds & Loans Latin America Deals of the Year awards.
2018 Downstream Oil & Gas Deal of the Year: Petroperu
In Peru, Baker McKenzie advised the lenders in the USD 1.3 billion syndicated loan for Talara's refinery modernization in northern Peru. The 10-year loan will allow Petroperu to increase the refinery’s capacity from 62,000 barrels per stream day (BPSD) to around 95,000 BPSD.Partners Juan Carlos de los Heros and Jorge Danos and associates Renzo Luna and Fernando Sam in Lima advised the client on the deal.