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Argentina
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Environment

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Allende & Brea

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Allende & Brea‘s ESG and sustainability practice assists clients such as Minera del Altiplano and Ferrero Argentina with all environmental issues encountered during project development, construction, financing, and real estate acquisition. This includes advising on regulatory requirements, compliance audits, and obtaining and renewing permits. The team also defends clients during administrative proceedings and mediations regarding alleged polluting activities. The department is co-led by project finance and administrative specialist María Morena del Río, who advises on permitting applications and individual and collective environmental litigation. She is joined as co-head by natural resources, energy, and M&A lawyer Florencia Heredia, who advises companies on green loans and ESG matters relevant to project development. Senior associate Martín Alejo Prieto represents clients during sanctioning proceedings and advises on potential remediation liability. Since the conclusion of research, Morena del Río has left the firm.
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Key clients

  • <p>Arcadium Lithium (a merger of Allkem and Livent)</p>
  • <p>Solvay Química</p>
  • <p>Ferrero Argentina</p>
  • <p>Unipar Indupa</p>
  • <p>FMC Química</p>
  • <p>Minera del Altiplano</p>
  • <p>Sherwin Williams</p>
  • <p>Solvay Vynils Holding</p>
  • <p>Arakur</p>
  • <p>Syngenta Agro</p>
  • <p>COARCO</p>

Work highlights

Advising Allkem (now Arcadium Lithium) on ESG matters related to the development of all Arcadium’s projects in Argentina (which includes the Fénix Project, the Sal de Vida Project and the Sales de Jujuy Project in the provinces of Catamarca and Jujuy).
Advised Allkem (now Arcadium Lithium), its subsidiary Galaxy Lithium Sal de Vida, and its affiliates in connection with a $130m (with the potential to increase to up to $180m) limited recourse project financing provided by the International Finance Corporation (IFC) to support the development and construction of the first stage of Sal de Vida lithium project located in the province of Catamarca, Argentina.
Advising Unipar Indupa on the industrial reconversion plan regarding mercury substitution (Minamata Convention on Mercury) and its regulatory transition requirements.

Practice head

Florencia Heredia

Other key lawyers

Martín Alejo Prieto