Miranda & Amado is a one-stop-shop for clients in the electricity industry and offers expertise in M&A and finance, along with regulatory and contentious matters. The practice covers all segments of the market, including generation, transmission, and distribution, and also acts for non-regulated clients. The team, which is led by the deeply experienced and hands-on Luis Marcelo De-Bernardis, has recently been involved in discussions around regulatory changes to the country’s tariff regime in the natural gas market, which will have a substantial impact on electricity generation projects. De-Bernardis has over 25 years’ experience in infrastructure, energy and natural resources projects, while counsel Marife Martinelli specialises in regulatory and administrative law across the power and oil-and-gas sectors. Senior associate Pedro Morales is recommended for regulatory and project development matters; and associate César Ramírez is an additional name to note.
Electricity in Peru
Miranda & Amado
Practice head(s):
Luis Marcelo De-Bernardis
Testimonials
‘I believe that the lawyers in the specialty have important knowledge regarding the logic and operation of the electricity market, which generates greater confidence when receiving the advice and support that we require as clients‘.
‘Between the members of the regulatory/energy team and those of dispute resolution (arbitration) they make an excellent complement to address our issues with various edges‘.
Key clients
Minera Chinalco Peru
Petroperu (Proyecto de Modernización de la Refineria Talara)
IC Power / Kallpa Generacion / Cerro del Aguila / Samay / Orazul Energy
Engie Energia Peru
Cálidda Energía
Enel Generación / Enel Distribución
Atlántica Yield / Aby Concession Perú / ATN / Aby Transmisión Sur/ ATN2)
ISA Rep – Red de Energía del Peru
Abengoa Peru
Hidrocañete
Inka Gold Farm
Cabo Merlín
Work highlights
- Advising Petroperu in relation to the development of the electricity assets (a thermoelectric plant of 100MW, transmission lines and electricity substations) and energy supply (by means of PPAs and O&M Contracts) for the Talara Refinery modernisation project, which will permit an increase in the production of liquid fuels.
- Advising Engie, Kallpa, ABY Concessions and PDI, along with other important generation and transmission companies, on the main controversies triggered during 2021 – including controversies before COES and OSINERGMIN related to tariff issues, application of discounts, and enforcement of PPA provisions and transmission tolls.
- Advising Engie Energía Perú on all regulatory aspects related to the electricity legal framework, including the main controversies in the sector and the evaluation of new business and the development of renewable energy resources’ projects, including Project Punta Lomitas (260MW).
Rodrigo, Elías & Medrano – Abogados
The premier electricity practice at Rodrigo, Elías & Medrano – Abogados advises clients on technical and commercial matters and has over 20 years’ experience in the industry. The team acts for power producers, transmission and distribution concessionaires, unregulated consumers and the grid operator (COES) on a range of matters, including power purchase agreements (PPAs), interconnection agreements and project development. On the commercial side, the team handles M&A, project finance and merger control issues. Verónica Sattler and Alejandro Manayalle head the group; with Sattler recommended for public infrastructure, energy, public utility and network regulation issues; and Manayalle providing expertise on the development of public infrastructure and energy projects, as well as international investment arbitration. Counsel María Del Rosario Quiroga is recommended for regulatory matters and disputes, while Diana Briones (who was promoted to the partnership in January 2022) handles corporate matters. Senior associate Margarett Matos is the name to note for sustainable energy matters, public policy and energy regulation.
Practice head(s):
Veronica Sattler; Alejandro Manayalle
Testimonials
‘Multidisciplinary team with extensive experience and a results-based approach‘.
‘The people are correct and fully available to deal with queries and, if necessary, solve immediate problems‘.
‘Veronica Satler attends us, her prestige in the sector makes her a reference when the opinion of a third party is needed’.
‘We work on very specific issues in energy and they have knowledge that goes beyond the norm‘.
‘The positioning of the Firm in the market gives them weight when it comes to seeking the legal opinion of a third party‘.
‘They are not our day-to-day lawyers, they are the ones you look for for issues that require fine-tuning, fine and detailed knowledge of any regulatory issue‘.
‘They were very clear to introduce us to the energy regulatory framework of Peru, with a high degree of knowledge in the matter‘.
‘They also gave practical recommendations to be able to move forward with the contract negotiations‘.
Key clients
Luz del Sur
Celeo Redes
Solarpack
Southern Peru Copper Corporation
Sociedad Minera Cerro Verde
Marcobre
Papelera del Sur
Esmeralda Corp
Fenix Power Perú
Cubico Sustainable Investments
Panamerican Silver
Sindicato Energético (SINERSA)
Latin America Power Perú
Minera Titan del Perú
Catalina Huanca Sociedad Minera
Inland Energy
Statkraft Perú
Total Eren
Work highlights
- Providing comprehensive advice regarding all electrical and regulatory matters to Luz del Sur.
- Provided Celeo Redes -a subsidiary of the Spanish Celeo Group performing electric transmission activities in Chile, Brazil and Peru- with comprehensive advice during several tenders called byProinversion for the development and construction of various substations and transmission lines.
- Currently assisting Statkraft Perú with several matters related to its regulatory duties.
Santiváñez Abogados
Santiváñez Abogados is a boutique firm with a long history in the Peruvian market, it is particularly well known in the energy and natural resources arena and handles some of the highest profile developments in the market. Key areas of expertise include international transactions, M&A, project development and financing, regulatory matters and litigation. The team is co-led by Fidel Rocha, Roberto Santiváñez and Paul Sumar. Rocha acts for leading players in the energy market on regulatory, corporate and commercial issues; name partner Santiváñez has over 25 years’ experience in energy transactions; and Súmar is the principal advisor on power concessions and projects for the public investment agency Proinversión. Senior associate Abel Venero is the name to note for infrastructure public-private partnerships (PPPs), project development and administrative matters.
Practice head(s):
Fidel Rocha; Roberto Santiváñez; Paul Sumar
Testimonials
‘Good knowledge about the sector‘.
‘There are few firms that know the commercial part of the Peruvian electricity market like the Santivañez firm‘.
‘Roberto Santivañez is a very good commercial lawyer‘.
‘Roberto Santivañez knows a lot about the Peruvian electricity sector‘.
‘Proven experience and solvency in practice’.
Key clients
Agencia de Promoción de la Inversión Privada (PROINVERSIÓN)
Cosco Shipping Ports Chancay Perú
Electro Oriente
Gaz Et L´Energie
Anglo American Quellaveco
Distriluz Group (Electro Norte; Electro Noroeste; Hidrandina and Electro Centro)
Electro Sur Este
Concesionaria Hidroeléctrica Sur Medio (CONHIDRO)
Grenergy Perú
Electro Dunas
Work highlights
- Providing regulatory and contractual counsel to Anglo American Quellaveco regarding negotiations with supplier Engie Peru in order to include contractual provisions to assure the supply is provided from renewable energy sources.
- Advising Electro Oriente on the design of contractual schemes for the implementation of new photovoltaic solar and energy storage projects.
- Advising Gaz Et L’Energie in relation to market analysis and the future of a PPA for a combined cycle power plant with a production of approximately 500MW.
Estudio Echecopar member firm of Baker McKenzie International
Estudio Echecopar member firm of Baker McKenzie International handles the full life cycle of energy projects, including project development, regulatory advice, disputes, M&A, and financial transactions. Working in tandem with its global network, the firm acts for high-profile clients on cross-border regional and international matters. Maria del Carmen Tovar heads the practice and is a name to note for arbitrations pertaining to investments, public services and public works. Inés Vázquez handles both contentious and non-contentious work and has experience of privatisation and concession procedures in the electric power sector; she acts for private and state-owned companies. Associate Claudia Cruces specialises in public services regulation with a focus on the power sector.
Practice head(s):
Maria del Carmen Tovar
Testimonials
‘It is a firm prepared to serve its clients effectively and with costs adjusted to the market.’
‘They serve customers in a personalised way and quickly understand the customer’s needs‘.
‘The team is very well informed and updated, giving quick and complete answers’.
‘We work directly with Inés Vasquez who has extensive knowledge of the energy market‘.
‘Inés Vasquez understands and deepens knowledge of the topics covered‘.
‘Inés Vasquez offers us a quick response and commitment to the issues‘.
Key clients
Electricité de France
Infraestructuras y Energías del Perú
Cassa Depositi e Prestiti
Ecopetrol
TRE Perú
Mall Aventura
Corporación Aceros Arequipa
Consorcio Eléctrico de Villacurí
Compañía Minera Santa Luisa
Trevali Perú
Work highlights
- Advised French multinational electricity generation and distribution company, EDF on the development of three hydropower plants with an installed capacity of 195MW, and an associated transmission line, in the Cusco Region.
- Advised Infraestructuras y Energías del Perú (IEP) on the day-to-day operations of its Puerto Maldonado and Pucallpa Thermal Power Plants, which operate as cold reserve plants.
- Assisted Cassa Depositi e Prestiti, a public Italian investment bank, in relation to a $9m non-secured credit facility provided to Tre Perú, supported by a corporate guarantee from its parent company, Tozzi Green, aimed at financing the development of its BT8 Project, Tozzi Green’s second renewable project in Peru.
Hernández & Cía
Hernández & Cía offers multidisciplinary expertise in the electricity sector, drawing on strength from its financial, corporate, regulatory, construction and environmental practitioners to provide clients with a broad range of services. It is particularly experienced in concessions, authorisations, licensing and permitting, tariff regimes and price regulation issues. President of the Peruvian Renewable Energy Association (SPR), practice head Brendan Oviedo is experienced in advising companies on all phases of power project development, including contractual matters, rights and permits, and representation in arbitral matters; a well as advising banks and other lenders on structuring acquisition and power project financings. At senior associate level, Evelyn Lopez acts for both public and private companies and is particularly noted for arbitration proceedings concerning regulatory matters at all stages of power project development; and Geraldine López transactions related to energy and hydrocarbons, public utilities regulation, infrastructure, and sustainability and climate change.
Practice head(s):
Brendan Oviedo
Testimonials
‘The team that works with Dr. Brendan Oviedo has been very diligent in analysing and solving any problem that arose during the development phase of our solar project‘.
‘I would say that in general its performance is above the average of other firms‘.
‘Dr. Brendan Oviedo has very good experience in the renewable energy sector, which facilitates communication and understanding of problems as well as the way to solve them‘.
‘Availability is very good‘.
‘A team with solid knowledge of the electricity sector, which stands out for its participation in its most relevant operations‘.
‘The team stands out for its commercial knowledge of the sector, which is unusual in many firms‘.
‘Partner Brendan Oviedo has a great reputation among the different companies in the sector due to his extensive experience, and Associate Evelyn López usually deals with our issues in a very agile and efficient manner‘.
‘The preparation of documents is very professional in the structure, footnotes, etc. which is not always found at other law firms‘.
Key clients
Inter-American Investment Corporation
Banco Internacional del Perú (INTERBANK)
ACS Servicios, Comunicaciones y Energía
Acciona Energía
Polaris Infraestructure
Compañía Minera Poderosa
Compañía Minera Yanacocha
Concesionaria Línea de Transmisión La Niña
Sojitz Corporation of America
Bow Power
Enel Green Power Perú
Alupar Investimento
Libelula Instituto para el Cambio Global
Electro Zaña
Energy Development Corporation Perú
Parque Eólico Tres Hermanas
Minera Gold Fields La Cima
Electro Tocache
Carbon Latam Perú
Akuo Perú
Empresa de Generación Eléctrica Santa Ana
Hunt Services Company
Unión de Cervecerías Peruanas Backus y Johnston
Toyota Perú
Marcobre
Work highlights
- Advised ACS Servicios, Comunicaciones y Energía on the third-party consents, permits and authorisations required to carry out Project Papyrus, a transaction envisaged to transfer almost the entirety of ACS’s industrial services division (“Papyrus Core”) from ACS, as seller, to the Vinci group, as purchaser, with the exception of certain companies, projects, assets and concessions that would be carved-out from the perimeter of the proposed transaction.
- Advised the Inter-American Investment Corporation on the granting of a $85m loan facility to Enel Green Power Perú.
- Advised Concesionaria Línea de Transmisión La Niña on obtaining the required permits, licenses and authorisations for the construction of the 500kV La Niña-Piura, 220kV Pariñas-Nueva Tumbes and 220kV Tingo María-Aguaytía transmission lines.
LQG Energy & Mining Consulting
Fielding a multidisciplinary team, which advises on the full life cycle of projects, including design and strategy, permitting and commercial matters, LQG Energy & Mining Consulting’s comprehensive offering of legal, engineering, economic and project management consultancy work on behalf of electricity companies, developers and project management companies ensures it a high profile in the local market. Founding partner Anthony Laub‘s track record includes in-house experience at Electroperu and public sector positions -including Director General of Legal and Secretary General- at the Ministry for Energy and Mines. Carlos Gomero also has public sector experience as an advisor to both the Ministry of Energy and that of Economy, as well as more than 15 years private practice experience focusing on regulatory and financing matters related to power and mining projects. Younger partner Gabriel Doig advises power and natural gas companies on both regulatory and commercial matters. An experienced line of associates includes senior Darío Castañeda, along with Jorge De la Cruz Ravines (electricity and mining project development) and Rodolfo Gomero Espinoza (energy and telecoms regulation; corporate finance). Former partner Titto Almora left to establish his own consultancy in September 2021.
Practice head(s):
Anthony Laub
Payet, Rey, Cauvi, Pérez Abogados
Payet, Rey, Cauvi, Pérez Abogados advises large international and domestic energy companies on day-to-day issues, administrative proceedings, corporate matters and arbitration. It has specialist knowledge of compliance issues in the energy industry, as well as the regulatory requirements to operate as a power transmission concessionaire. The team is led by Gerardo Soto who is head of the firm's regulatory and administrative law practices; he focuses primarily on the energy, telecoms and transport infrastructure sectors. Principal associate Mayra Aguirre is also a key practitioner; a specialist in electricity regulation and administrative law, she handles a broad range of matters in the electricity sector, including licensing and permitting, project execution and other regulatory and public law matters.
Practice head(s):
Gerardo Soto
Testimonials
‘The team was very collaborative and always looking for solutions‘.
‘Mayra Aguirre was very committed and gave a lot of solvency to the required topics‘.
Key clients
Genrent del Perú
Enel Generación Perú
Enel Distribución Perú
Enel Generación Piura (formerly EEPSA)
Enel Green Power Perú
Conelsur LT (Group Transelec)
Parque Eólico Marcona / Parque EólicoTres Hermanas
Volcan Compañía Minera
Alpayana
Sociedad Minera Corona
Boroo Mining Company
Bodegas San Francisco Almacenes del Perú
Financiera Nacional de Desarrollo (Colombia)
Condominios Ecológicos Asia del Campo
Electroperú
Work highlights
- Advising Genrent del Perú on day-to-day matters and all issues concerning its operations, including the requirements and obligations that the company must fulfil as a concessionaire for the Iquitos Cold Reserve Generation Plant and transmission facilities.
- Advising Grupo T-Solar Global on all regulatory, electricity and corporate matters relating to its operation of two photovoltaic power plants in southern Peru.
- Day-to-day advisory to Enel Group and its Peruvian subsidiaries (including Enel Generación Perú) regarding all regulatory issues, including rate revision procedures, compliance with the regulatory requirements to operate as a power generator, concessionaires, and representation in sanctioning and administrative proceedings before the Ministry of Energy and Mines, the environmental authority (OEFA), and regulatory agency OSINERGMIN, as well as other government authorities.
QA Legal
The quality of young boutique QA Legal is reflected in a prestigious client roster that includes Kallpa Generación, Statkfraft, COES and the World Bank. It advises clients on the development and operation of energy projects, PPPs, PPAs, tariff setting and licensing matters, but perhaps remains best known for its strong capabilities and focus on disputes in the energy sector; the team also provides reports on the market to international institutions, law firms and companies. The practice is co-led by Maria Teresa Quiñones, who frequently acts in energy sector arbitration matters, and Lucia Olavarría, whose primary focus is on regulatory matters and litigation. The group saw a number of changes during 2021, with the arrival of Jessica Cubas Otarola, as a partner, from her in-house role at Niubox Legal Digital in June; the August promotion of Leslie Velasquez to senior associate; and the October departure of fellow senior Marco Castañeda. Velasquez focuses on energy and administrative law; public-private associations and public sector regulation, while fellow senior Lourdes Luna Valdez handles infrastructure projects; public works; administrative and construction law; arbitration and procedural law. Since research concluded Cubas has left for AngloAmerican (effective July 2022).
Practice head(s):
María Teresa Quiñones; Lucía Olavarría Salinas
Testimonials
‘QA Legal is a very solid practice in regulatory advice and dispute resolution, one of the best in the country, both for its detailed knowledge of the regulation and for its experience‘.
‘A very high percentage of the team are female lawyers‘.
‘Solid and experienced’.
‘Deep knowledge of the business which allows them to understand the needs of the client and thus provide adequate advice‘.
‘Very interesting experience that combines business experience (energy) with arbitration, which is very useful for disputes’.
‘Maite Quiñones has a lot of experience and knowledge of the sector‘.
‘Lucía Olavarria has gained experience in the electricity sector and is highly specialised in arbitrations‘.
Key clients
Kallpa Generación
World Bank
Statkraft Peru
Comité de Operación Económica del Sistema Eléctrico Interconectado Nacional (COES)
Hydrikas (IBT Subsidiaries)
Latam Hydro / CH Mamacocha
Work highlights
- 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.
- Retained by Baker & Hostetler to prepare an expert opinion on Peruvian law in connection with an international investment arbitration before ICSID on the Peruvian regulatory framework involving public law issues such as electricity concessions and PPP contracts.
Rubio Leguía Normand
Rubio Leguía Normand's practice head, Daniela García Belaunde, has past experience of working for energy regulator OSINERGMIN, allowing her to advise energy generation clients such as Kallpa Generación and Fénix Power on regulatory contributions and gaining connection mandates, as well as on sanctions levied by the regulator, including advising electricity system operator COES SINAC on an administrative sanctioning procedure. Concession agreements are another area of focus, with the team advising clients developing and operating transmission lines on amending their agreements with the Peruvian Ministry of Energy and Mines. The team also act in disputes matters, such as defending Omega Operación y Mantenimiento in arbitration proceedings. For clients outside the electricity sector such as mining and retail companies, the practice also advises on regulatory compliance and electricity supply contracts. Principal associate Katherine Yesquén Lihim (whose past experience includes time at both COES and Luz del Sur), focuses on administrative, regulatory, and commercial consultancy in the electricity and hydrocarbon sectors, and has extensive knowledge of power generation and transmission, as well as the design, negotiation and implementation of power purchase agreements.
Practice head(s):
Daniela García Belaunde
Testimonials
‘Very quick in responding to queries. Extensive knowledge of the legislation’.
‘Personalised attention. Good speed to respond to queries’.
‘Daniela García Belaunde is an excellent professional, with technical and practical knowledge’.
‘Knowledge of the sector. Understanding of the problem. Good use of criteria. Helps to discern between alternative solutions’.
Key clients
Red Eléctrica de España
Terna Perú
Terna Plus
Fénix Power
Kallpa Generación
Comité de Operación Económica del Sistema Eléctrico Interconectado Nacional (COES SINAC)
Cori Puno
Norsac
Omega Operación y Mantenimiento
Nexa Resources
Grupo Costa del Sol
Paltarumi
Gamarra Moda Plaza
Asociación Los Andes de Cajamarca
Compañía Minera Kolpa
Work highlights
- Legal and regulatory advice to Kallpa Generación on administrative and tax related matters, particularly regarding the regulation contributions that all companies in the Peruvian energy sector must pay in favour of the Supervisory Body of Private Investment in Energy and Mining – OSINERGMIN.
- Providing commercial and regulatory advice to Norsac so as t obtain greater efficiency in its electricity consumption and be able to access more favourable market conditions as a free client.
- Advising Nexa Resources Group on an administrative sanctioning procedure, and also on a notification of non-compliance with the obligations related to the presentation of contingency plans and automatic load rejection schemes.
CMS Grau
CMS Grau‘s team counts power distribution giants Luz del Sur and Enel Distribución as frequent clients, recently representing them in administrative sanctioning procedures before energy regulator OSINERGMIN, among other matters. Indeed, the practice covers the gamut of power matters, from generation and storage to distribution and commercial agreements such as PPAs. On the power generation side, another recent mandate saw the team act for Empresa de Generación Huanza in a procedure against the National Water Authority. The team is led by administrative and regulatory specialist, Ramón Huapaya; energy practitioner Carlos Hamann, who advises on technical, operational and financial matters; and Augusto Astorga an energy all-rounder who works across both the oil-and-gas and electricity sectors. A knowledgeable second line includes Jesús Abanto, who was raised to the partnership in May 2022 and whose former experience includes over five years at energy regulator OSINERGMIN; and associates Néstor Shimabukuro, who specialises in administrative law, concessions, PPPs, private initiatives, regulation and state contracting; and Nicole Freire whose practice is centred on regulatory, environmental, and natural resources and administrative law.
Practice head(s):
Ramón Huapaya; Carlos Hamann; Augusto Astorga
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 before regulator OSINERGMIN in a case involving the adequate reimbursement of contributions made by citizens.
- Advising ENEL Distribución Perú on contentious administrative proceedings before telecoms regulator OSIPTEL, in the context of a controversy with Azteca Comunicaciones Perú.
- Conducted the legal representation of Empresa de Generación Huanza in a procedure to eliminate bureaucratic barriers against the National Water Authority for the imposition of an illegal requirement for obtaining a water use permit.
Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados
Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados' electricity practice handles contractual work for both power generation/distribution clients and companies from other sectors, negotiating electricity supply contracts for the latter. Rolando Salvatierrra leads a team whose recent mandates include advising on a concession contract for joint venture Hydro Global Peru regarding the multimillion-dollar San Gaban III Power Plant, and representing Consorcio Electrico Villacuri in a contractual dispute before the administrative tribunal. The team handles the gamut of power-sector advisory, as demonstrated by its on-going corporate and regulatory advice to energy holding company Invenergy Group for over a decade. Providing key associate support, Hilda Fernandez and Renato Vasquez both advise on electricity, administrative and corporate law.
Practice head(s):
Rolando Salvatierra
Key clients
Hydro Global Peru
Invenergy
Electrocentro
CBB Peru
Aby Transmision Sur
Consorcio Elecrico de Villacuri
Energia Eolica
Electro Tocache
Electro Ucayali
Electro Puno
Work highlights
- Successfully advised Hydro Global Peru on the approval of the force majeure request submitted before the Ministry of Energy and Mines regarding the construction of the Transmission Line for the San Gaban III Project.
- Successfully advised Electrocentro in a judicial process initiated by Red de Energia del Peru regarding the nullity of a resolution of the electricity regulator OSINERGMIN, regarding the qualification of the interruption of electricity services as a force majeure event, a process that started in the year 2006.
Philippi Prietocarrizosa Ferrero DU & Uria
EDF Renouvelables is a key client of Philippi Prietocarrizosa Ferrero DU & Uria‘s practice, with team head Rafael Lengua recently advising the company on a power purchase agreement with Electro Oriente. Perhaps best known for its participation in high-end transactions in the sector, the practice group’s work is multifaceted, such as advising on project finance in the power industry as well as handling contentious representation, primarily in arbitration. Regulatory matters are also an area of focus, with corporate specialist Rafael Boisset 's recent mandates including advice to Conelsur LT (the Peruvian subsidiary of electricity transmission company Transelec), on the regulatory elements of a concession agreement. In August 2022 the natural resources practice as a whole was substantially boosted with the hire of water law specialist Julián Li and a team of three associates from the former Li & Pazos Abogados, substantially broadening the practice group’s depth and scope. Key associate, senior Romina Stucchi has extensive experience in corporate, contractual and issues related to the financing of infrastructure projects in the energy sector.
Practice head(s):
Rafael Lengua
Key clients
EDF Renouvables
Conelsur LT
Work highlights
- Advised EDF Renouvables on negotiating a complex power purchase agreement with Electro Oriente, a public distribution company set up to supply electricity generated by a solar photovoltaic plant to be constructed by the year 2024, including a regulatory analysis of the applicable regulated tariffs, and the procedure to calculate them and a risk assessment.