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Work +57 1 319 2900
Fax +57 1 3121 0295
Bogota, Medellin

Patricia Arrázola Bustillo

Work +57 1 3192900 Ext. 918
Gómez-Pinzón Abogados (GPA)

Work Department

Energy & Mining | Corporate / M&A


Partner, head of the Energy & Mining practice group, member of the Corporate / M&A Group.


Patricia has more than 28 years of professional experience advising foreign and national investors in the structuring and development of their activities in Colombia.

She also has an important background in corporate and contractual matters, which allows to provide comprehensive advice to clients and the boards of the companies.

Patricia has extensive experience advising clients in the structuring of their businesses, in mergers and acquisitions permanently in their daily activities. In the mining industry she has advised important multinationals with mining titles in Colombia from the corporate, regulatory perspective and in mergers and acquisitions processes.

She participated as a legal and regulatory advisor in the main privatizations of the country's electricity sector on the side of potential investors, as well as in their financings and is currently a consultant to important companies in the electricity sector.

Likewise, she participated in the structuring of the first regasification terminal in the country as adviser to the group of thermal generators of the Atlantic coast.

She has authored publications related to electrical, mining, and corporate legislation; and has participated as speaker in different seminars in these areas, both in Colombia and abroad.

Patricia is prominent in important international directories such as Chambers & Partners, Legal 500, Latin Lawye 250 and IFLR 1000 for her work in the areas of M & A, Mines and Energy.


English and Spanish.


Member of PDAC – Prospectors & Developers Association of Canada, Colombian Mining Association, Mining and Petroleum Bar and IBA.


Attorney from Universidad del Rosario; Specialist in Corporate & Business Law from Universidad Javeriana.


Corporate and M&A

Within: Leading individuals

Patricia Arrázola - Gómez-Pinzón Abogados (GPA)

Within: Corporate and M&A

Affinitas’ Colombian member firm, the full-service Gómez-Pinzón Abogados (GPA) has long been a mainstay of the corporate and transactional market. The 29-strong practice group is co-led by the highly regarded Andrés Hoyos; he led advice to Hydro Global Investment (co-owned by China Three Gorges Corporation and EDP Energias de Portugal) on the acquisition of 80% of the equity rights of Talasa Projectco and Talasa Conexion. Hoyos' fellow practice co-head, Pablo Rabelly, led the reorganisation of Mallplaza Colombia (part of Chile’s Mall Plaza group), involving the negotiation of investors' agreements with the minority shareholders of the various companies involved in the reorganisation and the incorporation of a private investment fund. Patricia ArrázolaNatalia García and Felipe Mariño are also key names in the practice. However, senior associates Ángela García Páez and Cristina Copete moved to Brigard Urrutia and Garrigues, respectively, in early 2019.

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Energy and natural resources

Within: Leading individuals

Patricia Arrázola - Gómez-Pinzón Abogados (GPA)

Within: Energy and natural resources

Gómez-Pinzón Abogados (GPA) works in all key segments of the energy and natural resources space with a multi-disciplinary team that ‘comprehensively addresses’ all issues that arise in each stage of a project, ‘especially in Colombia where the normality is complex’. Leading lawyer Patricia Arrázola heads the eight-strong practice with Germán Villamil, leading on oil and gas, and head of environment Lina Uribe also key names. Their ‘availability is crucial for making decisions in an agile and safe way’, according to clients. The team advised Ecopetrol regarding the acquisition of four offshore technical evaluation agreements, one of the first offshore farm-out transactions in the country. In the power market, the firm gave advice to clients participating in energy auctions, including the first long-term PPA auction in Colombia, held in January 2019. In one recent mandate, the team assisted Termocandelaria with all matters related to its gas turbines conversion, as well as participation in the reliability charge auction and securing firm energy obligations. The practice renders comprehensive advice for the development of renewable energy projects, both solar and wind-powered; Sunco Capital, SGEIC and Invenery were advised on investing in photovoltaic projects, including the acquisition of real estate for the project’s development, the structuring and negotiation of PPAs, and tax. Clients include Iberoamericana de Hidrocarburos, Oleoducto de Colombia, ABB and Canacol Energy.

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Within: Projects

Gómez-Pinzón Abogados (GPA) is strongly recommended for its integral analysis of complex infrastructure projects, such as Bogota’s first metro line, in relation to which the team is advising Empresa Metro de Bogotá on day-to-day matters, in particular the revision of loan and concession agreements, licensing matters, procurement and operations. Jose Luis Suárez and senior associate Paola Larrahondo (director of projects), co-lead an 11-strong team, with senior associates Diana Bogotá and Juan Ucrós  also noted. Firm senior partners Ricardo Fandiño, Germán Villamil, Paula Samper and Patricia Arrázola all participate extensively in the sector, giving additional bench-depth. The practice was selected by the National Department of Planning, as part of a consortium with EY, to study the feasibility of a PPP project for the implementation of a 100% electric bus transportation system on the islands of San Andrés and Providencia in the Caribbean. Other clients include Ashmore Management, Covipacífico, Autopista Río Magdalena and Hydroglobal.

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