Projects and project finance in Portugal

Campos Ferreira, Sá Carneiro & Associados

The projects and project financing team at Campos Ferreira, Sá Carneiro & Associados covers a wide range of sectors, including railways, highways, ports, logistics, recycling and renewable energy. Recently, the firm has advised on several real estate and agriculture projects. Maria Castelos and Duarte Brito de Goes are the key names.


Linklaters‘ energy and infrastructure team in Lisbon works on the financing and development of significant domestic projects and utilises the firm’s international presence to advise on projects abroad, particularly in Lusophone Africa. Clients include bidders, developers and investors (with significant new names in this area added recently) and the department works on all aspects of a project, from development through construction, financing and related M&A. Francisco Ferraz de Carvalho has over 20 years of experience in the field and heads the practice as well as the firm’s Lusophone Africa group. Counsel Vera Eiró left the firm in November 2020 and Rita Ferreira dos Santos  left in January 2021.

Practice head(s):

Francisco Ferraz de Carvalho

Other key lawyers:

Laura Nunes Vicente

Key clients







Stadler Rail Valencia SAU

First State Investments

ROADIS Transportation Holding, SL

Marguerite Adviser

Neoen S.A.S.

Grupo Barraqueiro

Mizuho Bank, Ltd.

African Development Bank (AfDB)

Export Credit Insurance Corporation of South Africa (ECIC)

Japan Bank for International Cooperation (JBIC)

Nippon Export and Investment Insurance (NEXI)


Fundação Centro Cultural de Belém

Work highlights

  • Advising Eni, ExxonMobil and co-venturers on all aspects of the development of the Rovuma LNG project in Mozambique.
  • Advised Stadler Group as bidder in a competitive negotiated procedure for the purchase and maintenance of 22 new rolling stock for the national railway, for a three-year period.
  • Acted for Roadis Concessões Portugal on the negotiation of a facility agreement entered with Banco BPI to pre-pay part of Auto-Estradas do Atlântico – Concessões Rodoviárias de Portugal’s debt, including a Portuguese law security package.

Morais Leitão, Galvão Teles, Soares da Silva & Associados

The well-established project financing team at Morais Leitão, Galvão Teles, Soares da Silva & Associados is instructed by lenders and promoters across a variety of sectors, with recent matters including key work in renewable energy, logistics and real estate. Practice head Filipe Lowndes Marques has over 20 years' experience in the field as well as capital markets expertise; banking and finance specialist Luís Branco is another key name for project finance. At the non-partner level, counsel Cláudia Castanheira dos Santos leads on a number of matters and has a focus on energy projects and road concessions. Managing associate Filipa Morais Alçada is another noteworthy contact.

Practice head(s):

Filipe Lowndes Marques

Other key lawyers:

Luís Branco; Cláudia Castanheira dos Santos; Filipa Morais Alçada


‘It is a society with high ethical principles that tries hard to apply it in its day-to-day activities. In addition, technical excellence and the ability to mobilize different skills, always at a high level.’

Work highlights

  • Advised Banco Sabadell in project financing facilities for the construction and operation of two photovoltaic projects with a global capacity of 36MW.
  • Assisted Eólica da Linha on the financing by the European Investment Bank and Banco BPI of an amount of €84.2m for the construction and operation of a 96MW portfolio of three wind farms.
  • Acted for Euroventos on the financing for construction and operation of the Pico da Urze Wind Farm.


Major transport infrastructure projects, both in Portugal and abroad, are a key strength of Inês Pinto da Costa's projects team at PLMJ. The practice handles project development, financing and related M&A on many of the country's major railway and motorway projects, as well as the construction of airports and harbours. Recent instructions have also come from the energy and shipping industries, and the firm's international coverage has been demonstrated by work covering China and Lusophone African jurisdictions, with practice head Pinto da Costa particularly active in the Angolan market in recent years. Diogo Perestrelo is an experienced projects lawyer, Diogo Duarte Campos is the name to note for construction law and Gonçalo dos Reis Martins has experience on the finance side. João Marques Mendes joined in July 2020.

Practice head(s):

Inês Pinto da Costa

Other key lawyers:

Diogo Perestrelo; Diogo Duarte Campos; Gonçalo dos Reis Martins; João Marques Mendes; Rachel Freitas


‘Rachel Freitas – Quality, availability, knowledge.’

Key clients

APDL – Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A.



Banco de Sabadell, S.A. – Sucursal em Portugal

BCI – Banco Comercial e de Investimentos, S.A.

Cabo Verde State



TAP – Transportes Aéreos Portugueses, SGPS, S.A.

Total Solar

Welink Energy

Work highlights

  • Acted for Ardian in the acquisition of Ascendi PT and Ascendi, which hold five motorway concessions.
  • Advised WElink Energy in the renegotiation of the sale of the Solara solar power plant with 218.8MW installed capacity to Allianz Renewable Energy Partners through a share sale.
  • Advised Violas Ferreira on a new retail project for offices.

Uría Menéndez – Proença Carvalho

The projects team at Uría Menéndez – Proença Carvalho balances a varied workload and demonstrates 'great work capacity, creativity and security'. The practice is jointly led by three experienced lawyers; Bernardo Diniz de Ayala has broad public law expertise in addition to his project finance capabilities; Antonio Villacampa is a finance specialist with knowledge of the Portuguese and Spanish markets; and Pedro Ferreira Malaquias advises banks and private companies as head of the firm's banking practice. The energy sector is a key focus for the department, although the team's recent mandates have also included motorway financing and real estate projects in Lisbon. Counsel João Louro e Costa and associate Gonçalo Andrade e Sousa are also notable contacts.

Practice head(s):

Bernardo Diniz de Ayala; Antonio Villacampa; Pedro Ferreira Malaquias

Other key lawyers:

João Louro e Costa; Gonçalo Andrade e Sousa


‘Excellent technical quality of lawyers, great work capacity, creativity and security in the solutions found.’

‘Bernardo Ayala: Great technical knowledge, availability, knowledge of the market, versatility of solutions.’

‘Uria has reached all the goals even when they were really challenging in workforce, tight timing or even issues that needed new perspectives. I have seen an extensive list of people taking the lead on different angles which made it succeed.’

‘The level of knowledge of the legal framework using examples of deals happened long time ago, excellent performance and really high engagement.’

Key clients

Banco Santander Totta, S.A.

Marubeni Corporation

Iberdrola Renewables Portugal, S.A.

Acciona Concesiones

BlackRock Investment Management (UK) Ltd.

Altice International

AXPO Iberia S.L.

S.P.C. – Serviço Português de Contentores, S.A.

REN, Gás, S.A.

AGS – Administração e Gestão de Sistemas de Salubridade, S.A.


Goldenergy – Comercializadora de Energia, S.A.

Vinci Concessions

SANA Hotels

Work highlights

  • Advising Acciona Concesiones on the tender procedure for the award of a PPP concession agreement to design, build, finance and operate the building of the new Hospital de Lisboa Oriental.
  • Assisting Banco Santander as a financing party of the Algarve Litoral motorway sub-concession.
  • Acted for Iberdrola on the 2019 competitive procedure for the award of reserve injection capacity in the Public Service Grid and the licensing of the corresponding power plants.


VdA has cemented a leading position in the market through its work on the financing of major energy and infrastructure projects in Portugal and a number of African jurisdictions (Mozambique being particularly active recently). The sizeable team is led by Manuel Protásio, who specialises in project finance, acquisition and other structured financing, particularly in the energy, mining and water sectors. Ana Luís de Sousa is the head of the firm's energy and natural resources practice and is the go-to lawyer for that area; oil and gas practice head João Afonso Fialho adds further energy expertise. Teresa Empis Falcão and Paulo de Barros Baptista are also key members of the team, whose recent highlights include projects for key client Brisa. Vanda Cascão - who advises on projects in Portugal and across Africa - is another name to note.

Practice head(s):

Manuel Protásio

Other key lawyers:

Ana Luís de Sousa; João Afonso Fialho; Paulo de Barros Baptista; Teresa Empis Falcão; Vanda Cascão

Key clients

Total E&P Mozambique Area 1, Limitada

Banking syndicate by Unicredit S.p.A., Siemens Bank GmbH, Banco Comercial Português, S.A. (Millennium BCP), Novo Banco, S.A., Demir-Halk Bank (Nederland) N.V., DenizBank AG and the European Investment Bank

Brisa – Auto-Estradas de Portugal, S.A.

AEBT – Auto-Estradas do Baixo Tejo, S.A..

Redes Energéticas Nacionais, SGPS, S.A. (REN)

Lusoamoreiras – Sociedade Imobiliária, S.A.

A4F – Algafuel, S.A.


KT – Kinetics Technology, SPA – Angola

European Investment Bank

Banco BPI, S.A. (now CaixaBank, S.A.)

Portos dos Açores, S.A.

Timor-Leste National Petroleum and Minerals Authority (ANPM)

Work highlights

  • Advised an international banking syndicate composed of Unicredit, Siemens Bank, Banco Comercial Português, Novo Banco, Demir-Halk Bank (Nederland), DenizBank and the European Investment Bank, in the €250m refinancing of debt of six port operators held by the Yildirim group.
  • Representing Brisa (as the main shareholder in AEDL) in debt enforcement proceedings.
  • Assistng Total on Mozambican law matters in connection with the structuring and negotiation of the project finance for the Mozambique LNG Project for Offshore Area 1 of the Rovuma Basin.

Abreu Advogados

Abreu Advogados draws on the expertise of partners from various departments, including energy, banking and finance, and public law, to advise on projects across Portugal and Portuguese-speaking Africa. Recent highlights include providing advice on wind and hydroelectric power sites as well as on the sale of specialist goods in the transport sector. Manuel de Andrade Neves co-heads the practice and has extensive experience in the environment, water and renewable energy sectors. He leads alongside José Eduardo Martins, who acts for key energy-sector clients from Portugal, Angola and Cape Verde.

Practice head(s):

José Eduardo Martins; Manuel de Andrade Neves

Other key lawyers:

Manuel Santos Vitor; Mafalda Teixera de Abreu; Tiago Corrêa do Amaral


‘The team’s lawyers are always available. They return the contacts very quickly and have a back-up ready for urgent matters. Administrative teams attend very well: they address matters promptly and respond effectively. They show a profound degree of knowledge of the subjects of their specialty, support their responses in legislation, jurisprudence and adequate doctrine. They advise in a reasoned and prudent way. They argue in a complete and sharp way.’

‘I highly recommend Manuel Andrade Neves and Tiago Corrêa do Amaral. They are professionals who establish spontaneous empathy with all the teams in my company. They ask for the information they need in an organized way and right at the beginning, releasing teams quickly. They prepare the work and disseminate the minutes well in advance, for us to comment. They have their work finished days before the deadlines.’

Key clients












Work highlights

  • Advising Iberdrola Generación on a €1.8bn project involving three large dams in Tâmega.
  • Assisting Embraer group on all matters related to the sale of five customised military aircraft – Embraer KC-390 – to the Portuguese Government.
  • Acted for Statkraft on the intended acquisition of six large hydro assets in the Douro River that Portuguese utility company EDP sold in a competitive tender process.


The projects group in Cuatrecasas' Lisbon office advises national and international lenders and sponsors on all phases of a project’s design, from tender proposals, through the negotiation stage and during the implementation of the project. Maria João Ricou, head of the banking and finance and capital markets practices, has key finance clients including Deutsche Bank, while Manuel Requicha Ferreira advises J.P. Morgan and others. Lourenço Vilhena de Freitas is a public law specialist with relevant experience in energy projects, and counsel Margarida Leal Oliveira is especially strong in motorway and railway matters.

Practice head(s):

Maria João Ricou; Manuel Requicha Ferreira; Lourenço Vilhena De Freitas; Margarida Leal Oliveira

Other key lawyers:

Mafalda Carmona

Key clients












Work highlights

  • Advised Cross Ocean on the debt restructuring and enforcement of security of the two concessionaires of toll road Brisal – Auto-Estradas do Litoral and AEDL – Auto-Estradas do Douro Litoral.
  • Acted for Iridium (Grupo ACS), shareholder of two Portuguese motorway concessionaires in  negotiations with the financing banks and others following the denial of the visa by the Court of auditors to the RAL – Rotas do Algarve concession.
  • Assisiting CP on the preparation of the public procurement proceedings concerning the acquisition of 22 traction units, with a base value of €168m.

Raposo Bernardo

Both lenders and borrowers instruct Raposo Bernardo on a range of project financing matters; the team has seen a recent increase in EU investment into infrastructure projects in Portugal. Clients count on the 'great technical knowledge' of practice co-heads Nelson Raposo Bernardo and Joana Andrade Correia through the full life-cycle of projects. Major recent matters have included advising on the financing of road construction, oil and gas, LNG, wind farms and hydroelectric dam projects.

Practice head(s):

Nelson Raposo Bernardo; Joana Andrade Correia


‘There are some characteristics that give Raposo Bernardo & Associados a unique character, but the one that I most appreciate is its ability to unlock difficulties and resolve issues.’

‘Undoubtedly, Nelson Raposo Bernardo stands out. I also highlight Joana Andrade Correia; she is a very complete lawyer with a work capacity that is rare to see.’

‘ Proactively provides value, frees us from problems in a safe way and especially gives us support to develop projects and businesses knowing that we have secure, flawless legal support.’

‘Nelson Bernardo accompanies all of our projects at least in the design phase and then he is always up to date and intervening whenever necessary. He is aware of all changes in the way of developing projects and the legislative innovations that matter most. This makes him unique among his peers because he is a true business lawyer and project maker.’

‘Joana Andrade Correia is one of the most methodical and quickest lawyers to deal with matters that I know, which is fundamental in a project team, and with a unique ability to establish relationships / bridges between the varied interests of each party. Quickly leads the negotiation process and it is normal to receive compliments about the structuring of the stages of a project. Her work capacity is incredible. An exemplary lawyer in terms of dedication and professionalism. Highly recommended.’

‘They bring together all the essential qualities to be our preferred legal partner, from being experts in the knowledge of project financing matters and in the language of this sector that is so unique, to being the society I met until today that presents works with more rigor and quality, respects deadlines and commitments. They are serious, ethical and honest from the work done to the fees and the relationships they establish with us and with the opposing parties.’

‘Its projects area and also the energy area is still one of the most respected in the country. I can also point out that they are very agile in the response time, they are very proactive, they are prepared to globally support any project, whatever its size and even several at the same time. They are very ethical, very respected and know the language of the renewable energy sector and projects very well. I recommend Raposo Bernardo for the extraordinary ability to negotiate with the authorities, with banking and with business partners, because they know in depth the technical language of this sector which really makes a difference.’

‘Nelson Raposo Bernardo is an indispensable lawyer for any complex operation involving projects, infrastructures, renewable energies, financing, purchase and sale of companies, creation of vehicle companies, etc. He has the qualities of great lawyers, an excellent negotiator, with impressive legal know-how, very shrewd and quick to react to any setback, with a very cordial and highly ethical approach.’

Sérvulo & Associados

Drawing on its public law prowess, the infrastructure projects practice at Sérvulo & Associados assists a predominantly public entity client base on matters in the water and waste, energy, infrastructure and transport industries. The practice covers Portugal's major metropolitan areas as well as jurisdictions in Lusophone Africa. Practice co-head Ana Luísa Guimarães focuses on public procurement, concessions and projects in regulated sectors and alongside her, Mark Kirkby has extensive experience in public infrastructure, especially road and rail networks. Francisca Mendes da Costa was promoted to partner in July 2020 and has been heavily involved across the firm's range of project mandates.

Practice head(s):

Mark Kirkby; Ana Luísa Guimarães

Other key lawyers:

Francisca Mendes da Costa


‘Servulo e Associados stands out for its exceptional professionalism in dealing with the issues that are presented to them. The team repeatedly demonstrates a high degree of commitment and compliance with deadlines.’

‘Sérvulo & Associados has grown immensely in the area of Projects, with the very committed involvement of a group of lawyers in this area, with a special focus on Francisca Mendes da Costa, whose enthusiasm, pragmatic spirit and availability will certainly facilitate investment in that area.’

‘ I would point out in particular in this area Mark Kirkby and Francisca Mendes da Costa, as differentiating elements in the market. The first with a strong connection to university education that uniquely strengthens the knowledge of the subjects and Francisca Mendes da Costa demonstrates legal certainty combined with a pragmatic and totally customer-oriented spirit, always with total availability.’

‘Francisca Mendes da Costa: enthusiasm, pragmatism, availability and resilience and innovative spirit.’

‘Mark Kirkby: technical knowledge and innovation in solutions.’

‘Quality in the analysis of matters, the presentation of legal solutions to support decision making and the follow-up of matters until their closure.’

‘Mark Kirkby is a very competent and experienced professional. The most valued is the quality of the advice provided and the efficiency in the solutions presented for decision making.’

‘Francisca Mendes Costa is a competent and insightful professional.’

Key clients

Ministry of Finance of Cape Verde / Unity of Special Projects Management (UGPE)

Sociedade de Desenvolvimento Ponta do Oeste (SDPO)

Sociedade de Desenvolvimento do Porto Santo (SDPS)

Regional Government of Madeira

Metropolitano de Lisboa, E.P.E.

Infraestruturas de Portugal, I.P.

Lusíadas Saúde Group

Metropolitan Area of Lisbon (AML)

Metropolitan Area of Oporto (AMP)

CIM Região de Coimbra, CIM Viseu Dão-Lafões, CIM Terras de Trás-os-Montes and Municipality of Portimão

Municipality of Marinha Grande

Municipality of Tondela, Tábua, Carregal do Sal and Santa Comba Dão

Municipality of Oeiras

Nine intermunicipal communities

Work highlights

  • Assisting Ministry of Finance of Cape Verde in the drafting and review of an SOE diagnosis policy in the context of the privatisation agenda of the Government of Cape Verde.
  • Advising the Autonomous Region of Madeira in the preparation and elaboration of all the tender documents leading to the conclusion of the services contract for refinancing the existing stock of public debt.
  • Advising a number of intermunicipal communities, a municipality and the two metropolitan areas of Lisbon and Oporto in the public tenders for the contracting of the public transport service for the transportation of passengers by road.

SRS Advogados

With offices in Lisbon, Porto and Funchal, as well as representation in a number of African jurisdictions, the projects team at SRS Advogados excels in port, renewable energy and transport projects. PPPs are a particular specialism. Practice heads José Luís Moreira da Silva and Alexandra Valente combine their respective expertise in public law and corporate finance to lead the team, whose recent highlights have included a number of instructions from the Lisbon Port Authority as well as the governments of Portugal and Madeira. Alexandre Roque is a further name to note.

Practice head(s):

José Luís Moreira da Silva; Alexandra Valente

Other key lawyers:

Alexandre Roque


‘The provision of legal services is competent and speedy, with the team’s monitoring and quick response of projects being one of its great advantages. Permanent contact with one of the reference partners, José Luis Moreira da Silva.’

‘Quality and care in the work developed, seeking to meet the client’s needs by pointing out appropriate legal solutions and paths, but always indicating the weaknesses and weaknesses of the solutions found. SRS has been a company that has accompanied us in several highly complex projects with customer satisfaction and always acting as a complement and support for legal services.’

‘I recommend José Luis Moreira da Silva and Alexandre Roque. Professionals of excellence, whose knowledge, experience, pragmatic, analytical and objective way in which they address the problems posed, the in-depth knowledge resulting from several years of working together with the typical idiosyncrasies of the industrial client reflect high quality work, clearly shown by the solutions presented and the work carried out. In particular, the work developed by these teams has allowed an effective, correct and concrete performance with a range of regulatory and licensing entities, contributing to solve very complex and intricate problems with security in the legal solutions found.’

Key clients

Port Authority of Lisbon

Port Authority of Setúbal and Sesimbra

Port Authority of Sines

Municipality of Oporto

BCI Mozambique;

Standard Bank Mozambique

Regional Government of Madeira

Government of Portugal


European Commission


Work highlights

  • Advising in the re-privatisation procedure of EFACEC, that was privatised by the government in July 2020.
  • Acting for the Port Authority in the renegotiation of the Liscont Container Terminal, the largest in Lisbon, using a PPP model contract.
  • Advising the Regional Government of Madeira on all the preparation and documentation necessary for the launch of the international public tender for the new central hospital.

Albuquerque & Almeida

Sitting within the firm's public law department, the projects practice at Albuquerque & Almeida is led by Alexandre de Albuquerque and demonstrates strong experience in port concessions. Shipping-sector acquisitions, logistics concessions and energy-related transactions also frequently feature in the team's workload. The majority of the team's client base is made up of companies investing in Portugal and in Portuguese-speaking African countries. Diana Silveira has played a key role in recent work for ETE Group companies and Inês de Oliveira Domingos is the name to note for contentious work.

Practice head(s):

Alexandre de Albuquerque

Other key lawyers:

Diana Silveira; Inês de Oliveira Domingos


‘Great knowledge of the subjects, high experience, deep knowledge of the various businesses of the client corporate group, namely in their relationship with the state (government agencies and public administration). Great ability to adapt to stressful situations and / or changing circumstances.’

‘Alexandre de Albuquerque – huge experience and knowledge in projects, concessions and other public tenders; great knowledge of the core business and strategies of the client company; great capacity to solve unexpected problems and other complex situations from the legal or contracting point of view.’

‘Diana Silveira – enormous experience and knowledge in projects, concessions and other public tenders; great ability to solve unexpected problems and other complex situations from a legal or contracting point of view; extraordinary availability; enormous reliability in its analysis of contractual situations and requirements.’

‘The team works well as a whole, given the special leadership of Alexandre Albuquerque.’

Key clients

ETE Group

CUF – Químicos Industriais

Setefrete Group

Ingesport Health and Spa Consulting

Factory GmbH

Work highlights

  • Advised Transinsular and Transinsular Cabo Verde (ETE Group companies) on a restricted tender by prior qualification for the public service concession of the inter-island maritime transport of cargo and passengers in Cabo Verde.
  • Assisting Bondalti Group on its financial restructuring, in the value of approximately €250m.
  • Acting for multiple concessionaires of port concessions in Portugal, including TCGL, TMS and Tersado, on the renegotiation of concession contracts with the Government of Portugal and the port authorities.


An international client base calls on the team at DLA Piper ABBC for finance-driven projects work across various sectors, including infrastructure, utilities, energy and real estate. Mafalda Ferreira stands out for her public law expertise, which she is able to apply to infrastructure and energy projects. She leads the department alongside Nuno Azevedo Neves, who also heads the firm's finance practice. His projects work focuses on high-profile cross-border transactions and is particularly active in African jurisdictions. Finance lawyer Gonçalo Castro Ribeiro was promoted to partner in January 2020 and is another key contact.

Practice head(s):

Nuno Azevedo Neves; Mafalda Ferreira

Other key lawyers:

Gonçalo Castro Ribeiro


‘They know well about the market through their experience.’

Key clients

Norddeutsche Landesbank Girozentrale

China Railway Tunnel Group Co. Ltd.

Lena Engenharia e Construções, S.A.

Energi Innovation ApS

Fosun International

Banco Santander

Royal Caribbean Cruises

Springwater Capital

European Energy Efficiency Fund


Banca IMI

ECS Capital


CBRE Global Investors

Banco Popular

APREN (Portuguese Renewables Association)

EDP Renováveis

Luso Carbon Fund

Work highlights

  • Advising Nord LB in a matter related to a €30m bridging finance secured against a 221MW solar project in Portugal developed by Irish renewables company WElink Energy.
  • Assisted China Railway Tunnel Group Co. Ltd. and Lena Engenharia e Construções during the processes for two tenders launched by Metro do Porto to extend the metro network.
  • Acting for Eni in relation to a portfolio of greenfield solar projects with a total c. 350MW licensed capacity.

Gómez-Acebo & Pombo

Gómez-Acebo & Pombo's recent highlights in project development and financing, including the construction of three hydroelectric dams and work on a new hospital in Lisbon, encapsulate the team's strength in administrative and regulatory advice on key energy and real estate projects. Ricardo Campos and Mafalda Barreto lead the team, combining Barreto's finance expertise with Campos's experience in non-contentious construction issues as well as project-related arbitration. Litigation is another strength of the team, and Paulo Nogueira da Rocha and Albano Sarmento are further names to note.

Practice head(s):

Ricardo Campos; Mafalda Barreto

Other key lawyers:

Albano Sarmento; Paulo Nogueira da Rocha


‘The points that distinguish GA_P are:  Quick response, Technical quality of the advice, Didactic function for understanding the Portuguese legal system, Adaptation to the needs of the company regardless of the tight delivery times.’

‘Ricardo Campos understands our needs and adopts them as his own, endowing his advice with extraordinary passion and rigor. He adapts in any circumstance to what we need. He always does it with a positive, proactive and educational attitude.’

‘In my opinion what makes the law firm Gomez-Acebo & Pombo unique or at least a special myth within the scope of the legal advice that they have provided to the company I represent as a client, is their experience and the quality of their team in contracts for construction (public and private) both nationally and internationally.’

‘I would particularly highlight Albano Sarmento and Ricardo Campos, for their experience in the legal advice of construction contracts, whether in the phase of accompanying the execution of contracts or in litigation, or through conciliation mechanisms / dispute boards, or arbitration. In the case of Albano Sarmento, I highlight the ease and speed in defining a strategic line in the conduct of a contentious legal dossier, which is particularly decisive in arbitrations (at the national and international level). In the case of Ricardo Campos, in addition to similar qualities, we would highlight his availability to seek to understand and meet the concerns and needs of customers.’

‘There is a great availability, wide range of intervention possibilities and adequate competence.’

‘Ricardo Campos – Competent, great availability, excellent interpersonal skills, excellent knowledge of issues related to the contractual management of civil construction contracts and in particular FIDIC. I recommend Ricardo Campos.’

‘Proven experience and competence in the matters / subjects delivered to lawyers. Ease of communication. Explanation of opinions and strategies to be adopted in a clear and understandable way for those who are not lawyers. Great lawyer / client relationship.’

Key clients

Acciona Construcción

MOTA-ENGIL, Engenharia e Construção, S.A.

Acciona Infraestruturas, S.A.

EDIVISA – Empresa de Construções, S.A.

Ferrovial/ MSF Barragens ACE

Elevo Group Moçambique

Foresight Group

Talanx Infrastructure

Rodovias do Algarve Litoral

Rodovias do Baixo Alentejo


Work highlights

  • Advised a Consortium in one of the largest hydroelectric projects developed in Europe in the last 25 years, in connection with the construction of three dams, Daivões, Gouvães and Alto Tâmega.
  • Assisted Acciona Construcción regarding the conception, design, construction and maintenance of the new Hospital de Lisboa Oriental and in the public tender for the construction of the new Hospital Central do Alentejo.
  • Acted for Fundação Champalimaud on the construction contract of “Botton Champalimaud Pancreatic Cancer Center”.

Miranda & Associados

Miranda & Associados fields a projects practice headed by Nuno Cabeçadas, who has broad project finance knowledge and experience working on significant infrastructure projects in Mozambique. Work in other African jurisdictions is also a strength of the wider firm and energy projects in Angola and Mozambique are among the recent highlights of the Lisbon office. Pedro Melo is noted for his public law expertise and Rodrigo Costeira regularly assists on the structuring, financing and implementation of investment projects between local and foreign entities.

Practice head(s):

Nuno Cabeçadas

Other key lawyers:

Pedro Melo; Rodrigo Costeira

Key clients


Permanent Joint Technical Commission (PJTC)


Lisbon Cruise Port


Ministry of the Economy / Direção Geral das Actividades Económicas – DGAE

Toyota Tsusho Corporation

Van Oord Dredging and Marine Contractors



International Finance Corporation

Enventure Partners

Work highlights

  • Acting for the Permanent Joint Technical Commission (PJTC) on the structuring of a bi-national hydropower project in the Kunene River.
  • Assisting a US developer of renewable energy projects on the structuring and negotiation of a portfolio of seven photovoltaic solar power plants.
  • Advising Globaleq on all aspects of the project financing for the Temane Power Project.