Mr Tomas Gurméndez > Posadas > Montevideo, Uruguay > Lawyer Profile

The sizeable banking and finance team at Posadas excels at project financings in the energy and infrastructure sector, as well as asset finance deals, in which it acts for lenders and borrowers. It counts many domestic and international banks as well as fintech companies amongst its client base. Recent highlights include a complex cross-border transaction involving Global Infrastructure Partners, and a significant renewable energy deal. Tomas Gurméndez co-leads the practice and has significant expertise in the financing of energy and infrastructure projects and cross-border deals involving sophisticated collateral structures. Alongside him in leading the team, regulatory banking department head Andrés Aznárez has notable experience providing advice to banks, investment firms, brokers and fintech companies. Victoria Garabato has been active in almost all the major project finance matters handled by the firm in recent years, and Martina Reyes is the name to note at associate level.

Posadas houses a strong practice that specialises in local and cross-border M&A transactions, joint ventures and corporate governance matters. The sizable team is praised as ‘committed, proactive and efficient’, as well as ‘knowledgeable and hard working’. Investment funds and corporations from the agribusiness, forestry, automotive, construction and tech sectors are mainstays on its client roster. Recent additions of major new clients have come in the energy and food and drink sectors. A trio of partners lead the group: Fernando de Posadas has significant M&A experience; Tomas Gurméndez assists corporations with cross-border M&A transactions and corporate governance matters; and tax and real estate expert Eduardo Ferrari completes the leadership team. Martina Reyes is noted for her expertise in M&A, banking and foreign investment matters. Tomás Guerrero adds M&A and commercial agreements experience, and the ‘technically gifted‘ Gerardo Caffera and Lucía Carbajal, and ‘great negotiator‘ Andrés Aznárez, are additional key contacts.

The practice at Posadas is well-versed in conventional and renewable energy projects, as well as in transport infrastructure projects such as highways, railways and ports. Acting for lenders or sponsors in both project finance and development, the team has handled some of Uruguay’s largest FDI projects on behalf on major energy and infrastructure companies, including multinational corporations and state-owned entities. Recent standout projects work has included advising on the financing of a PPP Highway Project in central Uruguay; in the energy sector, the firm recently advised Cubico Sustainable Investments on the acquisition of two major Uruguayan wind farms. Infrastructure and energy project financing expert Tomas Gurméndez co-heads the practice, bringing particular experience in PPPs to the table; alongside him, Fernando De Posadas handles foreign direct investments in energy and infrastructure projects. Lucía Carbajal and Victoria Garabato, partner as of January 2022, participate in high-profile FDI and energy projects.