Rising Stars

Energy and natural resources in Nicaragua


A heavyweight in the energy and natural resources field, regional firm Arias remains a leader in the Nicaraguan market, regularly advising major multinationals seeking to develop significant wind, solar and natural gas projects in the country. The firm’s comprehensive service covers matters ranging from contracts of sale and supply, high-value bond issuances and facility agreements to permits and authorisations, concession contracts, lease agreements and due diligence. The team is led by Rodrigo Ibarra, a specialist in project finance. Other key figures include office managing partner and foreign investment adviser Ana Teresa Rizo and Gustavo-Adolfo Vargas, who brings expertise in high-value, cross-border M&A to transactions the energy space.

Practice head(s):

Rodrigo Ibarra

Key clients

New Fortress Energy


García & Bodán

The experienced energy and natural resources team at García & Bodán is well versed in advising multinational energy and oil companies on the financing and operation of major projects in Nicaragua. The group’s expertise extends to tax planning and M&A relating to energy operations, due diligence and advice to entities involved in the management of renewable investment portfolios. Regional director and firm founding partner Terencio García, a specialist in the co-ordination of transactions related to the offshore exploration of hydrocarbons, and regional corporate practice head Federico Gurdián, an expert in the handling of high-value, cross-border transactions in the energy sector, are the key contacts.

Alvarado y Asociados

The energy and natural resources group at Alvarado y Asociados routinely advises national and multinational companies over the full life cycle of their forestry, energy and mining operations, providing support with matters ranging from financing and due diligence to regulatory compliance and environmental administrative procedures. Gloria María de Alvarado leads the team, along with Luz Marina Espinoza, with both bringing decades of experience managing complex, multi-jurisdictional transactions in the energy space to the table. The group is supported by senior associate Yuri Cerrato, who, in addition to energy, specialises in hydrocarbons and gold mining matters.

Practice head(s):

Gloria María de Alvarado; Luz Marina Espinoza

Key clients


Consortium Legal

The multidisciplinary energy group at Consortium Legal coordinates with the firm’s corporate and finance teams to advise multinational renewable energy producers on day-to-day matters and on high-value, cross-border project financings involving overseas banks. Led by senior associate Silvio Argüello, a specialist in highly regulated sectors, the practice advises on public bidding procedures, mineral and hydrocarbon exploration and exploitation, licences, permits and authorisations for the distribution and generation of electricity, and fishing, forestry, aquaculture and water improvement matters.

Practice head(s):

Silvio Argüello