Hall Of Fame

Electricity in Peru

Miranda & Amado

The power practice group at Miranda & Amado is led by Luis De-Bernardis and advises on the full gamut of electricity issues, from M&A and financing transactions to regulatory issues and disputes. On the advisory side, it handles matters pertaining to generation, transmission and distribution, including permitting, land acquisitions, contracts matters, power purchase agreements (PPAs) and other project development issues. De-Bernardis has over 25 years of experience in infrastructure, energy and natural resources projects and is well known in the industry, while counsel Marife Martinelli focuses on regulatory and administrative matters. At the associate level, Pedro Morales, César Ramírez and José Luis Valdivia are noted: Morales specialises in power sector regulation and project development; Ramírez handles regulatory and administrative issues; and Valdivia is active in real estate matters.

Practice head(s):

Luis Marcelo De-Bernardis


Testimonials

‘Miranda & Amado is an excellent firm that stands out in the Peruvian energy market. They have an incredible team specialised in the energy sector that is made up of highly experienced and knowledgeable professionals who have provided us with value and essential knowledge. The knowledge of electricity market interactions and negotiation skills are key to our process.’

‘They are highlighted by their special knowledge in transactions and contracts in the electricity sector as well as their negotiation skills. We highlight the brilliance and ability of Pedro Morales.’

Key clients

IC Power


Kallpa Generación


Cerro del Águila


Samay


ORAZUL Energy


Engie Energia Perú


Petroperu


Grenergy Renovables


ISA REP – Red de Energía del Perú


Atlántica Yield


Aby Concession Perú


ATN


Aby Transmisión Sur


ATN2


Hidrocañete


Red Eléctrica Andina


Minera Chinalco Peru


Inka Gold Farm


El Pedregal


Sociedad Minera Corona


Work highlights


  • Providing complete regulatory and land acquisition advice to Engie Energia Perú in connection with the development of the Punta Lomitas Project.
  • Providing complete regulatory, contractual and litigation advice on the development of the electricity assets of Talara Refinery.
  • Advising Minera Chinalco Peru on regulatory issues and procedures to enable the supply of electricity to the Toromocho mining project extension.

Rodrigo, Elías & Medrano Abogados

The energy practice group at Rodrigo, Elías & Medrano Abogados offers strong expertise in the electricity sector and advises on corporate, project development and regulatory matters, as well as administrative procedures. It is a popular choice for major power producers, transmission and distribution concessionaires, and unregulated consumers, which turn to the team for support on PPAs, interconnection agreements and PPPs. Practice head Verónica Sattler is noted for public infrastructure, energy, public utility and network regulation, antitrust issues and the negotiation, award and development of build, own, operate, transfer (BOOT) contracts. Alejandro Manayalle is a name to note for regulatory matters, including tariff-setting procedures and permitting, and also handles disputes and arbitration, while Diana Briones deals with concession agreements, interconnection and the shared use of infrastructure. Counsel María Del Rosario Quiroga advises private investors on regulatory matters and also handles the negotiation of PPAs, while senior associate Margarett Matos, who previously worked in-house at COES, is recommended for procedures before COES, OSINERGMIN and MINEM.

Practice head(s):

Veronica Sattler


Key clients

Statkraft


Joya Solar


Cubico Sustainable Investments


Celeo Redes SL


Luz del Sur


Enel Distribución


Southern Peru Copper Corporation, Sucursal del Peru


Sociedad Minera Cerro Verde


Marcobre


Catalina Huanca Sociedad Minera


Compañía Minera Raura


Work highlights


  • Acting for Statkraft in the due diligence for the acquisition of two renewable energy projects (a solar project of 150MW and a wind project of 72 MW).
  • Assisting on all electricity matters required for the planning, execution and development of Joya Solar’s project in Peru, the San Martín Solar project (252.4 MW).
  • Advising Cubico Sustainable Investments on an administrative procedure before the regulator (OSINERGMIN).

Santiváñez Abogados

Electricity specialist boutique Santiváñez Abogados is the pre-eminent Peruvian firm for power sector issues and has a strong 50-year track record in the market. It acts for top domestic and international clients, including public sector entities, in corporate and financial transactions, regulatory matters and litigation, under the leadership of Fidel Rocha, Roberto Santiváñez and Paul Sumar. Rocha has over 20 years’ experience in regulatory issues relating to the energy, infrastructure and mining sectors; Santiváñez is a heavyweight of the industry with vast experience in M&A, power supply and transmission contracts and project development; and Sumar is recommended for PPPs, public procurement and disputes. At the associate level, Sandra Acosta specialises in issues relating to the wholesale electricity market, COES, tariff regulation and administrative matters, and Abel Venero handles corporate, regulatory and project development issues. Senior associate Jose La Torre is noted for the negotiation of BOOT contracts and concession agreements.

Practice head(s):

Fidel Rocha; Roberto Santiváñez; Paul Sumar


Testimonials

‘This practice is unique in the country as it concentrates the largest number of expert lawyers in the field of energy, especially electricity.’

‘Roberto Santiváñez is always accessible for any question or need for legal advice on any subject. He responds assertively immediately and delegates accordingly. His main quality is that he attends 24/7 in case his support is needed and that is highly valued. They differentiate themselves from their competitors by the knowledge of the market and the industry.’

‘A multidisciplinary team that helps solve cases and in practice, which strengthens them as a team.’

‘The lawyers provide a personalised service and are committed to the case.’

Key clients

Electricité de France – EDF Perú


Compañía Minera Raura


Compañía Eléctrica El Platanal – CELEPSA


Electro Dunas


Agencia de Promoción de la Inversión Privada – PROINVERSION


Electro Oriente


Grenergy Perú


Distriluz Group


Ajeper


Compañía Minera Antamina


Sociedad Electrica del Suroeste – SEAL


Volcan Compañía Minera


Compañía Minera Poderosa


Work highlights


  • Advised Electro Oriente, the state-owned company in charge of the power generation and distribution in the city of Iquitos, on the implementation of a long-term energy plan aiming to phase out the city’s carbon-based generation capacity.
  • Advised EDF Perú on the development of CT Humay, which included the design of commercial schemes that will make the project financially feasible.
  • Advised Distriluz Group (Electro Noroeste, Electro Norte, Hidrandina, Electrocentro) on the energy procurement for its regulated clients’ market.

CMS Grau

CMS Grau acts for some heavy hitters in the Peruvian electricity industry, including Engie Energia and Enel Distribución, and has a broad offering covering corporate, finance, administrative and regulatory matters, as well as disputes. The team is active in the generation, transmission and distribution sectors and also in the renewables space, where it advises on wind, solar, geothermal and hydraulic projects. The team is jointly led by Ramon Huapaya, Carlos Hamann and Nestor Shimabukuro: Huapaya draws on 20 years of experience in the regulation of public services, concessions and infrastructure issues; Hamann focuses on oil and gas matters; and Shimabukuro stands out for PPPs, regulatory advice and administrative sanctioning proceedings. Senior associate Oscar Alejos also handles administrative law and regulatory matters. Eduardo Guevara joined from Petroperú in November 2022, while Augusto Astorga left for an in-house role at Transportadora de Gas del Perú in October of the same year.

Practice head(s):

Ramón Huapaya; Carlos Hamann; Nestor Shimabukuro


Testimonials

‘Capacity for immediate attention, technical knowledge of the business. Additionally, they have an excellent team of professionals.’

Key clients

Luz Del Sur


Enel Distribución


Empresa De Generación Huanza


Isa Interconexión Electrica


Fenix


Engie Energia Peru


Inland Energy


Sociedad Nacional Mineria Petroleo Y Energía


Aluz Clean Energy


Corporacion Andina De Fomento


Work highlights


  • Representing Luz Del Sur on a regulatory procedure to approve the Investment Plan in Transmission for the period 2021-2025.
  • Advising ENEL Distribución Perú on a procedure against the Peruvian Energy Agency (OSINERGMIN).
  • Advising EDF Perú on a due diligence procedure, previous to the acquisition of the Humay Thermal Power Plant, located in Ica, Peru.

Estudio Echecopar member firm of Baker McKenzie International

At Estudio Echecopar member firm of Baker McKenzie International, ‘the partners and associates stand out for their deep knowledge of the energy industry and their willingness to accommodate the timeframes requested by their client’. The practice covers the full life cycle of power projects, from development to regulatory advice, M&A, financial transactions and disputes, and acts for top domestic and international electricity companies. Maria Del Carmen Tovar heads the practice, which also includes key practitioner Inés Vázquez, who advises on both contentious and non-contentious matters, with a focus on privatisation and concession procedures, corporate matters and arbitration. Associate Claudia Cruces is experienced in operational matters pertaining to generation, transmission and distribution activities.

Practice head(s):

Maria del Carmen Tovar


Testimonials

‘The quality and trajectory of the members of their team distinguish them. They have a well-balanced team in partner and associate capabilities.’

‘The partners and associates stand out for their deep knowledge of the energy industry and their willingness to accommodate the timeframes requested by their client.’

‘Inés Vázquez has a great command of concepts in the sector, in addition to always being attentive to the needs of our company and dedicating herself personally to the matters entrusted to her.’

Key clients

Electricité de France


Infraestructuras y Energías del Perú


Amazonas Energía Solar


Interconexión Eléctrica ISA Perú


TRE Perú


ELECTROPERU


Red de Energía del Perú


Ergon Perú


Consorcio Transmantaro


Metro de Lima Línea 2


Work highlights


  • Advised ISA Peru regarding the drafting of a bill to regulate the operation of battery energy storage systems (BESS) by transmission companies for the provision of frequency regulation services to the grid.
  • Continued to act as IEP’s main advisors in regulatory (power) matters, providing legal advice in several regulatory issues that have arisen during the operation of its thermal plants.
  • Advised AES, a subsidiary of EDF Perú and Novum Solar, on the development of its solar projects in the Peruvian Amazon.

Hernández & Cía

Hernández & Cía offers clients ‘a lot of knowledge on the subject and a personalised service’. Its broad practice encompasses expertise in financial, corporate, contractual, regulatory, construction and contentious matters pertaining to the electricity industry; it also provides niche expertise in carbon credits. In the financing space, the team acts for investment funds, banks and other investors in project finance, and on the disputes side, it is known in the market for administrative proceedings and arbitration. Brendan Oviedo heads the team, drawing on over 20 years of experience in energy and infrastructure transactions both domestically and internationally, as well as project development, construction, operation and restructuring; he is also currently the President of the Peruvian Renewable Energy Association (SPR). At the senior associate level, Evelyn López is a name to note for the regulation of public utilities, arbitration and climate change matters, while Geraldine López handles project development, contracts and construction work. The team was strengthened further in January 2023 by the arrival of senior associate Katherine Yesquén from Rubio Leguía Normand.

Practice head(s):

Brendan Oviedo


Testimonials

‘They give the client peace of mind, they make their entire team available and are empathetic.’

‘They have a lot of knowledge on the subject (they are specialists) and offer clients a personalised service.’

‘They offer knowledge, speed, proactivity and closeness to the client.’

‘They were always attentive to any additional contribution or query.’

Key clients

Inter-American Investment Corporation


Acciona Concesiones


Acciona Energía Perú


Atlantica Perú


Polaris Infraestructure


Compañía Minera Poderosa


Compañía Minera Yanacocha


Concesionaria Línea de Transmisión La Niña


Sojitz Corporation of America


Alupar Investimento


Enel Green Power Perú


Electro Zaña


Verano Capital Perú


Vari Energía


Energy Development Corporation Perú


Minera Gold Fields La Cima


Carbon Latam Perú


Bow Power


Empresa de Generación Eléctrica Santa Ana


Marcobre


Majes Arcus


Repartición Arcus


Grenergy Perú


Newmont Mining Corporation


Libélula Comunicación Ambiente y Desarrollo


Asociación Peruana de Energías Renovables


Comisión de Promoción del Perú para la Exportación y el Turismo (PROMPERU)


Celeo Redes Perú via Santa Bárbara Consultants


Asociación de Emprendedores para el Desarrollo e Impulso del Vehículo Eléctrico en el Perú (AEDIVE)


Work highlights


  • Advised the Inter-American Investment Corporation on the granting of a $85m loan facility to Enel Green Power Perú.
  • Advised ACCIONA as a succesful bidder on the international tender of two projects.
  • Advising LA NIÑA on the execution of its projects which have been delayed due to the Ministry of Energy and Mines’ delay in approving the environmental impact studies of the projects and the delay of OSINERGMIN for the approval of the final engineering.

LQG Energy & Mining Consulting

LQG Energy & Mining Consulting is an energy, mining and infrastructure consultancy with a multidisciplinary team, which is well versed across the full life cycle of projects, from design and strategy to permitting and commercial matters. It acts for electricity companies, developers and project managers, which turn to key practitioners such as Anthony Laub, who is recommended for regulatory, financing, concessions and commercial contracts, and Carlos Gomero, who handles administrative law and disputes.

Payet, Rey, Cauvi, Pérez Abogados

Led by Gerardo Soto, the team at Payet, Rey, Cauvi, Pérez Abogados assists major foreign and domestic clients with general advisory matters, transactions, administrative proceedings and arbitration. Soto is a key contact for administrative and regulatory law and is supported by principal associate Mayra Aguirre, who is noted for licensing, permitting, project development and public law matters.

Practice head(s):

Gerardo Soto


QA Legal

QA Legal is ‘a very specialised practice in the field, with multifaceted capabilities’; it acts for high-profile clients in the electricity sector, as well as prestigious international law firms. Practice head Maria Teresa Quinones is described by one client as ‘an outstanding adviser on electricity matters, and she knows the technical and economic aspects that allow her to brilliantly interpret the regulatory framework’. Quiñones is well versed in complex arbitrations and is appointed as arbitrator, under ICC, in international energy disputes; in addition to contentious work, she is recommended for regulatory matters, PPAs, market entry, tariff-setting and issues around investments. Senior associate Leslie Velásquez advises on infrastructure and administrative law. In December 2022, Lucia Olavarría left to become a sole practitioner and associate Jose Alemán left for an in-house role at Engie Energía.

Practice head(s):

María Teresa Quiñones


Testimonials

‘A very specialised practice in the field, with multifaceted capabilities’.

‘María Teresa Quiñones is an outstanding adviser on electricity matters, and she knows the technical and economic aspects that allow her to brilliantly interpret the regulatory framework.’

‘Great capacity to interrelate the regulatory and contractual aspects of the electricity sector with the natural gas sector.’

Key clients

Comité de Operación Económica del Sistema Eléctrico Interconectado Nacional – COES SINAC


Kallpa Generación


The World Bank


Energía Renovable La Joya (Grupo Enhol)


Enagas


Latam Hydro


Esmeralda Corp


Work highlights


  • Successfully advised and represented COES SINAC (the Peruvian grid operator) in an ad hoc domestic arbitration against two renewable generation companies.
  • Providing Kallpa Generación with frequent regulatory advice and opinions in connection with energy laws, regulations and new investments in the electricity sector.
  • Advised the World Bank on advisory services for the Ministry of Transport and Communications.

Rubio Leguía Normand

Daniela García Belaunde heads the team at Rubio Leguía Normand, which forms part of the firm’s wider energy and natural resources practice. It acts for public and private sector clients on corporate matters, regulatory issues, procurement and PPAs, contracts work and disputes. García, who draws on previous experience at OSINERGMIN, brings strong expertise in regulatory matters, the preparation of market studies, the negotiation of electricity supply contracts and commercial matters, and is able to advise on the full life cycle of projects, from the awarding process through to development and operation. Strong associate support is provided by Annie Mijahuanga, who is recommended for administrative proceedings before regulators and commercial contracts. Former principal associate Katherine Yesquén Lihim left the firm.

Practice head(s):

Daniela García Belaunde


Testimonials

‘They provide strong industry knowledge and are constantly up-to-date and well informed with what is happening in the sector.’

‘They know the business and are proactive.’

Key clients

Sociedad Eléctrica del Sur Oeste


Terna Perú


Terna Plus


Fénix Power


Aluz Clean Energy


Acciona Concesiones


Cori Puno


Ministerio e Energia y Minas


Organismo Supervisor de la Inversión en Energía y Minería


Nexa Resources


Colinas del Campo


Paltarumi


AMSA Group


Real Plaza


Scania Services del Perú


Work highlights


  • Advised Acciona Concesiones on a public tender for the design, construction, operation, and maintenance activities of two large projects.
  • Advised Terna Peru on the development of a transmission project and compliance with its obligations under its concession contract that was suspended due to the mandatory social isolation measures due to COVID-19.
  • Advised Aluz Clean Energy on defining the possibilities through which the surplus of power and energy of its hydroelectrical plant can be put into value and if such surplus can be traded.

Cillóniz & Valencia Abogados

Cillóniz & Valencia Abogados offers ‘knowledge and experience on regulatory issues, and in-depth knowledge of the client’s business and expectations behind assignments’. It acts for electricity generation and transmission companies and power consumers, and the team has strong in-house experience in the mining and power sectors. Practice head Fernando Valencia Dibós has 15 years of experience in the industry and advises clients on environmental and regulatory compliance and enforcement proceedings, permitting and corporate transactions; he is also a name to note for natural resources and water law, administrative issues and land use matters. Thalia Simich joined as senior associate from an in-house role at BPZ Energy in May 2022.

Practice head(s):

Fernando Valencia Dibós


Testimonials

‘Knowledge and experience on regulatory issues, and in-depth knowledge of the client’s business and expectations behind assignments.’

‘Cillóniz & Valencia Abogados specialises in environmental regulation for electricity generation projects. Among the firms we work with, C&V is the best in environmental regulation by far.’

‘Fernando Valencia Dibós is a specialist in environmental issues for energy projects. I do not know of any other lawyer with more experience than Fernando.’

Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados

The electricity department at Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados advises on contentious and non-contentious matters, including negotiations, concessions, permits and licenses, as well as disputes and administrative proceedings before regulators. It acts for generation, transmission and distribution companies, and government entities, and is active in projects in the hydroelectric, thermal, wind, biomass and solar sectors. The department is led by Rolando Salvatierra, who has over 25 years’ experience in the industry and is a name to note for administrative law and project financing. Associate Hilda Fernandez acts for foreign and domestic clients in corporate matters, disputes and sanctioning procedures.

Practice head(s):

Rolando Salvatierra


Testimonials

‘Rolando Salvatierra actively responds and accompanies the company’s legal needs whenever required.’

‘Rolando Salvatierra is always willing to assist us when we require it, his experience and network of contacts facilitates the management of legal services that are asked of him.’

Key clients

Hydro Global Peru


Distriluz Group


Sociedad Eléctrica del Sur Oeste (SEAL)


Invenergy Group


Electro Ucayali


Corporacion Minera del Perú – CORMIPESA


Consorcio Eléctrico de Villacuri


Electro Tocache


Energia Eolica


Electro Sur


Work highlights


  • Advised Hydro Global Peru on the amendments to the Definitive Generation Concession Contract for the San Gaban III Power Plant, the Collaboration Agreement signed with Empresa de Generacion Electrica San Gaban II and the Transmission Line Contract.
  • Successfully advised Distriluz Group (Electrocentro) on a judicial process related to compensation against Red de Energia del Peru.
  • Advising Sociedad Electrica del Sur Oeste (SEAL) on a judicial claim regarding a fine of 1,000 tax units imposed by the National Institute for the Defense of Competition and Intellectual Property.

UL Energía e Infraestructura

Energy consulting firm UL Energía e Infraestructura acts for top electricity companies and regulators in both contentious and non-contentious issues, particularly those relating to environmental, regulatory and procurement matters. The team provides advice to regulators on law changes in the electricity industry and acts for private companies in arbitration and administrative processes. Ricardo Leyva heads the practice; he has previously worked at OSINERGMIN and at the Ministry of Energy and Mining of Peru and acts for public and private sector clients in regulatory and financial matters. At the associate level, Héctor Quispe Huamán and Nelson Paredes Cruz are active in the generation, transmission and distribution spaces, and advise on regulatory, contractual and investment matters.

Practice head(s):

Ricardo Leyva Flores


Testimonials

‘The most important thing is the availability shown at all times, even during non-office hours, and the promptness and precision in the responses.’

‘Knowledge and availability is good.’

Key clients

COES Free Users Subcommittee


Continua Energías Positivas


Ergon Perú


Electroperu


OSINERGMIN


Work highlights


  • Advising Electroperu on an arbitration initiated by the company to solve the controversies arising with COES (Technical and Economic Operator of Peru) related to congestion in secondary transmission systems.
  • Providing technical and legal advice to Ergon Perú on the fare setting procedure called the autonomous RER charge.
  • Advising Continua Energías Positivas on electricity generation and transmission projects in Peru, covering administrative procedures with various state entities, and regulatory and contractual matters.