Leading Individuals

Next Generation Partners

Rising Stars

Energy and projects in Honduras

Aguilar Castillo Love

Aguilar Castillo Love leverages its full-service model and extensive network in the region to advise on the full spectrum of corporate, financing and regulatory matters in the energy and projects space. The team has a strong recent record in energy-related M&A, including in cross-border deals, and is also active in project finance and the negotiation of power purchase agreements (PPAs), with an impressive client base that includes both international and Honduran investors. Juan José Alcerro Milla and office managing partner Enrique Rodríguez Burchard lead the practice, bringing broad experience in corporate and financial transactions in the renewable  and traditional energy and infrastructure sectors. Carolina Aguirre Larios is also widely recognised for her comprehensive energy and projects practice, particularly her expertise in PPAs. Victor Alejandro Martínez and associate Leonel Contreras provide key support on transactional matters.

Practice head(s):

Enrique Rodríguez Burchard; Juan José Alcerro Milla

Key clients

Total Eren


Work highlights

  • Advised Total Eren on the $24m acquisition of the San Marcos de Colón wind farm project.
  • Advising INHESA on the $17.5m acquisition of an SPV set up to hold the rights to the Fray Lázaro power plant.


As a regional firm, BLP is well equipped to advise a host of multinational and domestic clients – including an extensive roster of Honduran renewable energy generators – on transactional and regulatory matters in the energy and projects sphere. The team has wide-ranging expertise in financings in the energy sector, covering project finance, green bonds and sustainability-linked financings, and also handles the negotiation of PPAs. In addition, the thriving environmental practice routinely advises on obtaining the required licences and permits. At the senior level, José Miguel Álvarez, who has broad experience in project finance and development in the energy and infrastructure spaces, and Karla Aguilar, a renowned specialist in the full spectrum of project-related regulatory and environmental issues, are the names to note. Senior associate Rafael Chicas is also a key contact, with particular expertise in public-private partnership (PPP) contracts.


Drawing on firm-wide strength in the corporate and finance areas, as well as an extensive regional network, Arias is experienced in advising both domestic and multinational companies on an array of mining, renewable energy and reforestation-related matters. The team has seen strong recent activity in M&A in the energy sector, but is also skilled in advising on project finance and development and concession contracts. Honduras managing partner Evangelina Lardizábal is well versed in the structuring, financing and sale of projects (particularly in the renewable energy sphere), while Mario Agüero is noted for his expertise in corporate, regulatory and financing matters in the mining and oil and gas sectors.


Thanks to its considerable expertise in PPP law, Lexincorp is frequently sought out by government bodies and investors for advice on the structuring of consortiums for project development and the operation of concession contracts and environmental licences. The firm also advises on corporate, financing and regulatory issues relating to the development of energy, transportation and recycling infrastructure, including the construction of highways and airports. Taking advantage of the firm’s regional structure, Honduras managing partner Benito Zelaya is experienced in advising on projects matters throughout Central America; he leads the practice alongside Engels Zelaya, who is renowned for his expertise in government procurement and PPPs in the energy and infrastructure sectors.

Practice head(s):

Engels Zelaya; Benito Zelaya

Key clients

Empresa Hondureña de Infraestructura y Servicios Aeroportuarios (EHISA)

Genesis Energías


Work highlights

  • Advised Empresa Hondureña de Infraestructura y Servicios Aeroportuarios (EHISA) on the negotiation of the early termination of its contract with Adimex to operate the cargo terminal of the San Pedro Sula airport, including the transfer of environmental licences.
  • Advising Molden on the set-up of a plant for the recycling of imported batteries, including the local corporate and ownership structure, environmental licences, operating permits, and the authorisation of the local and state authorities.
  • Advising Genesis Energías on the due diligence of its operations prior to seeking investment.