PRACTICES

Power

Our Power team serves clients in all stages of the electricity chain, including generation, transmission, distribution and large consumers. We work with national and international clients active in the thermal, hydro, wind, solar, biogas and geothermal sectors, among others.

We have experience in major government privatizations, international bids and concession contract renegotiations, and assist both developers and owners on the drafting and negotiation of EPC agreements, including risk assessment and structuring.

The current emphasis on developing Argentina’s renewable energy sector created an impetus for exponential growth in power investments. Our firm advises on public bid processes and financing mechanisms, with various clients winning tenders. As an active member of the Argentine Renewable Chamber (Cámara Argentina de Energías Renovables or “CADER”), we participated in the drafting of the amendment to the Argentine Renewable Energy regime, Law 27,191.

We advise on regulatory issues at the national and provincial level, as well as for cross-border deals, and assist global clients with market entry strategies, either through acquisitions or the direct establishment of a local subsidiary, including corporate registrations. We have extensive experience in structuring legal solutions for power sector finance, thanks to our strong M&A, banking and finance, private equity and tax teams.

Investment in Argentina’s power infrastructure is happening in almost every region. Our network of relationships with correspondents throughout the country ensure clients’ regional operations are well-served, ranging from land use or logistics to compliance with issues under provincial jurisdiction such as environment regulations. Our environmental due diligence embraces sustainable business practices, evaluating related social issues such as community participation in environmental reviews, in order to provide clients the broadest perspective.

Drawing on our comprehensive full-service capabilities, our experience with power clients also includes regulatory issues related to: infrastructure expansion and creation of easements; governmental authorizations;
insurance; labor and employment, including union negotiations; pricing issues; Power Purchase Agreements (PPAs); project finance promotion regimes in renewable energy and project development; public-private partnerships (PPPs) and real estate, including land use, zoning and permitting.

The Power team members have been recognized by Chambers Latin America and Chambers Global, The Legal 500, Latin Lawyer 250, LACCA Approved, Who’s Who Legal and ILO Client Choice among others. Various members of the team have studied or worked abroad, and have experience working as in-house counsel or in law firms in other countries.