Baker McKenzie advised a subsidiary of Grupo ISA, Interconectado Eléctrica ISA Perú, in the acquisition of Peruvian energy transport company Orazul Energy Group from Inkia Energy for USD 158.5 Million.

Orazul Energy Group owns Etenorte and Eteselva, which operate six transmission lines that cover 746 kilometers in Peru. The 746 kilometers of line circuit at 220 and 138 kV represent 2.4% of the income of the Peruvian power transmission market, which will raise ISA Group's market share to 73% and make it the largest transporter of energy in that country.

Baker McKenzie's cross-border team from Lima and New York advised on the transaction. The M&A team was led by Liliana Espinosa, Inés Vázquez and Uldarico Ossio in Lima and Nicholas Marchica and Jonathan Farrokhnia in New York. The finance team was led by Marco Alarcón and Uldarico Ossio in Lima and Andrew Sagor, Amit Parekh and Ava Haghighi in New York.

Baker McKenzie is a transactional powerhouse with over 2,500 deal lawyers and expertise in over 46 countries. We excel in cross-border deals – over 60% of our deals are multi-jurisdictional. We are global and local, combining money-market sophistication with local excellence.

About ISA in Peru

ISA Peru is a company 100% owned by Grupo ISA and operates the 220kV Oroya – Carhuamayo – Paragsha-Derivación Antamina electric transmission lines with a length of 262 km and the Aguaytía-Pucallpa line at 138 kV of 131 km. Through this company, Consorcio Transmantaro and Red de Energía del Perú, ISA Group operates around 12,000 km of lines that run through 22 regions, benefiting more than 21 million Peruvians and positively impacting 1,957 communities throughout the lines.

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