Electricity in Peru
LQG Energy & Mining Consulting
Specialist energy and mining consultancy Laub & Quijandría Energy Group is home to a leading electricity-focused legal team that can call on in-house economists and engineers for major projects. The team advises numerous key domestic companies in the electricity, hydrocarbon and mining industries on a broad range of matters, from business and project strategy and financing, to concessions and corporate issues. Anthony Laub Benavides is a recognised name in the electricity sector and heads a practice group of seven other lawyers. All are focused on energy law and have particular strength in regulatory issues; indeed, many of the team previously worked at government ministries, the energy regulatory body OSINERGMIN and/or in-house at companies such as Petroperú. Carlos Gomero Rigacci is also recommended.
Miranda & Amado has a long and 'superior' track record in this sector, advising significant market players on some of the largest projects in the country, including regulatory issues and dispute resolution. Engie Energia Peru, Enel Generación and IC Power (parent company of Kallpa Generación and its hydropower station Cerro del Aguila), and Samay (which owns the Puerto Bravo thermal power plant in Arequipa), are all clients. An impressive team is led by the 'very knowledgeable' Luis Marcelo De-Bernardis, a leading figure in the sector who can also draw on the experience of counsel Marifé Martinelli, (formerly of regulator OSINERGMIN), as well as the extensive multidisciplinary expertise spread throughout the firm. Specialist associate Pedro A Morales is a former in-house lawyer at the Economic Operations Committee of Peru's transmission authority, COES. Other matters include advising Minera Chinalco Peru on all the regulatory issues and procedures related to the supply of electricity to the Toromocho mining project from the national grid.
Rodrigo, Elías & Medrano – Abogados shines in all areas of energy and natural resources, including electricity, where the practice has 'solid knowledge of the sector' enabling it to 'quickly respond to issues, establish strategies and provide sustainable advice'. The practice acts for an impressive roll-call of power producers, transmission companies and distribution concessionaires such as Red Eléctrica, Sempra Energy, and the latter's subsidiary -electricity distribution utility Luz del Sur- which the firm advises on an ongoing basis on a variety of matters, including the expansion of the 96MW Santa Teresa Hydro Power Plant. Verónica Sattler 'works brilliantly in negotiations with third parties and public officials' and now heads the practice following the departure of María Teresa Quiñones to form her own regulatory boutique, Quiñones Alayza Abogados. Sattler is supported by counsel María del Rosario Quiroga and 'excellent lawyer' Alejandro Manayalle, who focuses primarily upon infrastructure matters.
A 'leading firm in the Peruvian power sector', energy boutique Santiváñez Abogados has 'remarkable expertise and experience', including a 'great understanding of the commercial realities'. Clients praise the team's work ethic, professionalism and strength-in-depth. It is co-led by name partner and 'outstanding lawyer' Roberto Santiváñez ('incredibly intelligent and always on top of everything'); Fidel Rocha (currently leading advice to the Ministry of Energy and Mines on the $200m project to provide solar panels to rural parts of Peru that are off-grid), and Paul Súmar - who is principal adviser on electrical issues to Proinversión, the state agency promoting infrastructure investment. Other highlights include working as local counsel, in conjunction with Herbert Smith Freehills LLP, to Spanish energy company Abengoa on the $607m sale of a non-controlling 41% stake in Atlantica Yield, which owns assets constituting almost 40% of the Peruvian power transmission market.
The 'very well organized team' at Estudio Echecopar member firm of Baker McKenzie International advises on all phases of power projects, from corporate and project development, to regulatory amtters and dispute resolution. Clients include Trevali Perú, Agrovisión Corp and Infraestructuras y Energías del Perú, as well as Fenix Power Perú which the firm is currently advising on electricity spot pricing following damage to the natural gas pipeline belonging to Transportadora de Gas del Perú. The team is praised for its 'excellent' negotiation, communication, customer service and 'solid legal knowledge'. Practice head María del Carmen Tovar Gil is leading on a number of significant arbitrations in the sector, while Inés Vázquez Vargas, a former general counsel at Latin American Power, bring an in-house perspective and knowledge to the team.
Hernández & Cía. Abogados advises on all stages of power projects on behalf of major financial institutions, project developers and power companies such as Interbank, Polaris Infastructure and Fenix Power. An extensive caseload includes acting for Empresa Línea Transmisión on amendments to its concession contract for the 220kV Carhuaquero-Cajamarca Norte-Cáclic-Moyobamba transmission line project, and representing Consorcio Transmantaro (CTM) in arbitration concerning the 500kV Mantaro-Marcona-Socabaya-Montalvo transmission line, at 900km, Peru's longest. The small but expert team is 'accessible' with 'quick response times' and comprises practice head Brendan Oviedo, who is well-known is the sector, experienced senior associate Evelyn Lopez and the more junior Daniela Falcone.
Payet, Rey, Cauvi, Pérez Abogados's practice group is 'very experienced' and provides ongoing counsel to a number of key players in the electricity sector, where it demonstrates particular strength in regulatory and public law matters. It's trophy client is Peru's largest energy conglomerate, Enel Generación Perú, which the team is advising on sanctioning and administrative proceedings before local authorities (among other issues); it is also advising subsidiary Enel Green Energy on thje negotiation of amendments to its renewable energy electricity supply agreements with the Ministry of Energy and Mines. The firm's head of regulatory matters, Gerardo Soto, has 'significant knowledge of the power sector', as does associate Mayra Aguirre, who specialises in electricity regulation and administrative law. Other clients include Electroperú and COES.
Widely acknowledged for its mining practice, CMS Grau actually has expertise across the board in the energy and natural resources area. It is gaining ground in the electricity sector off the back of work for leading companies Luz del Sur and Enel Distribución; the result is a growing reputation for regulatory and public law issues. Clients appreciate the 'detailed knowledge of our operations and the sector' and 'capabilities to provide an excellent service'. Practice co-heads Carlos Hamann and Ramón Huapaya are the key advisors and lead a seven-strong team. Senior associte Germán Tarazona is also noted.
Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados earned several significant new clients during the past year, including CountourGlobal subsidiary Energia Eolica, Energy Development Corporation (EDC) Peru and Global Sustainable Electricity Partnership (GSE). The team is advising the latter on a pilot project to introduce the first electric buses into the Lima public transport system. Other key instructions include acting for the acquiring consortium (led by China Three Gorges) in the ongoing $1.39bn acquisition of Peru’s third largest hydroelectric power plant, Chaglla, from Odebrecht (the deal has been delayed since 2017 while government authorities determine how much of the acquisition price will be offset by fines from corruption charges). Senior partner of the firm Rolando Salvatierra leads the practice.
Philippi Prietocarrizosa Ferrero DU & Uria is building an electricity practice under the guidance of senior counsel Carolina de Trazegnies, who has a growing reputation in the market, particularly for contentious issues. She 'knows and understands the energy industry extremely well' and 'gets into the weeds of technical regulations without losing sight of the big picture and the client's objectives'. The team is acting for Spain's Grenergy Renovables, an operator of power generation projects from renewable sources, in relation to a $40m financing for two wind-farms. De Trazegnies also recently provided expert legal opinion in a high-stakes arbitration in the electricity sector. The practice benefits from the infrastructure expertise of Rafael Puiggros , but former senior associate Margarett Matos left for Quiñones Alayza Abogados in February 2019.
Quiñones Alayza Abogados
An energy, infrastructure and TMT boutique, Quiñones Alayza Abogados opened its doors in July 2018; it was founded by leading power lawyer Maria Teresa Quiñones, previously head of the energy practice at heavyweight Rodrigo, Elías & Medrano – Abogados. A highly-acclaimed lawyer in the field, Quiñones 'delivers her advice in a powerful and confident manner'; her clients include electricity-giants Luz del Sur, Kallpa Generación and Inkia Energy - the team recently advised the latter on a challenge to decisions of grid operator COES concerning the Puerto Bravo Power Plant. Quiñones is backed by a talented team of associates including Margarett Matos, formerly of Philippi Prietocarrizosa Ferrero DU & Uria and -previously- at COES.
Rubio Leguía Normand enters the ranking as a result of genuine focus and capability in the electricity sector by recently made-up Daniela García Belaunde, who has been building the firm's power practice since her 2017 arrival from Laub & Quijandría Energy Group. García 'understands what regulators are looking for and tailors the work to meet that criteria', while her team grasps 'the whole scope and technical aspects of COES and that is quite refreshing', comment clients. The team acted for the Ministry of Energy and Mines, recently, with regard to the transfer of a concession for an electricity distribution company. Other mandates included regulatory advice to Frontera Energy Corporation in relation to its $350m bond offering. Other key team members include senior associate Diana Rivera , who 'delivers all the time and never drops the ball'; and Katherine Yesquén Lihim , who was promoted to principal associate. Other clients include Grupo Energía Bogota and Transportadora de Gas Internacional.