Haroldo Espalter > Hughes & Hughes > Montevideo, Uruguay > Lawyer Profile
Hughes & Hughes Offices
25 DE MAYO, 455
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Hughes & Hughes’ banking team acts for a diverse portfolio of local and multinational banks, brokers and financial advisers, with its robust project finance expertise standing out as a key draw for many. In a recent example of its sweet spot, prominent younger partner Mariana Estradé advised Generación Eólica Minas, the Uruguayan subsidiary of Akuo Energy and Eurus Energy, on the $100m refinancing of its 42MW wind farm project. In another significant highlight, group co-head Héctor Ferreira advised fruit company San Miguel on a $100m financing to fund its multinational expansion plans. Other recent clients include BBVA, ING Bank and The Deetken Group. Juan Carlos Oreggia Carrau, who recently secured an impressive run of lender-side mandates, and Haroldo Espalter also co-lead the department.(Leading individuals)
The ‘sophisticated and responsive’ group at Hughes & Hughes is held up by clients for its ‘strong ability to add value’. Practice head Haroldo Espalter is highly regarded for his ‘deep experience’ and, together with Mariana Estradé, he advised Finland’s UPM on its investment agreement with the Uruguayan government to build a major pulp mill and related infrastructure, including a port terminal. In another headline mandate, Espalter assisted Canada’s ATCO with its $340m acquisition of a 40% stake in Neltume Ports. Other senior names include Héctor Ferreira, who advised Rentech on the local aspects of the sale of both its 85.7% interest in Fulghum Fibres Chile and its 87% interest in Fulghum Fibres Uruguay. Up-and-coming associate Clara Villaamil, noted as ‘a great lawyer’, is also recommended.(Leading individuals)
The ‘very committed’ group at Hughes & Hughes finds favour for its ‘broad real estate practice’ but is arguably best known for its specialist expertise in rural transactions. Group head Haroldo Espalter is a ‘respected and experienced practitioner’ and is advising Finland’s UPM-Kymmene Oyj, through its local subsidiaries, on the potential construction of a major pulp mill and related infrastructure. Juan Carlos Oreggia Carrau (‘very professional and responsive’) is also a key contact.
- Leading individuals - Uruguay > Real estate
- Leading individuals - Uruguay > Corporate/M&A
- Banking and finance - Uruguay
- Corporate/M&A - Uruguay
- Real estate - Uruguay