
A standout in the projects and infrastructure arena, Lobo de Rizzo Advogados advises on PPPs, concessions, privatisations and project finance for public and private sector clients. The team is known for its strength in structuring, financing and regulating large-scale infrastructure assets. Gustavo Silveira Cunha focuses on project finance and banking transactions. Rodnei Iazzetta advises on concession modelling and project structuring. Maria Costa Neves Machado handles capital markets and financing, while Bruno Laurito Pinheiro specialises in full-cycle infrastructure development.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- Gustavo Silveira Cunha: Always available, he assists us assertively and reliably. He supports us in making important decisions for the company.
- They have experience in sensitive and strategic company matters. They have a diverse technical team.
- Maria Costa Neves Machado brings a unique perspective: after more than a decade as legal manager at Itaú BBA itself, she moved to the external side with a full understanding of the dynamics of a financial institution. This translates into objective advice, without unnecessary formalities, with a real focus on the risks that matter to her client. Her performance in public offerings of debentures, project finance, and structured operations is highly recognized in the market. She has a pro-business mindset, is conciliatory in conflict situations, and executes at a high level. Gustavo Cunha is a very well-rounded professional at the intersection of project finance and the debt market in Brazil. His experience in renowned foreign firms provides an international perspective that is concretely applied to domestic operations. He is available, technically rigorous, and skilled in negotiation—qualities that make a difference in complex closings.
- Lobo de Rizzo distinguishes itself in the Brazilian Projects and Infrastructure market through its uncommon combination of transactional expertise in capital markets with deep technical and regulatory mastery of infrastructure. This integrated profile is especially valuable: the team is capable of advising on everything from structuring project financing to issuing infrastructure debentures—sometimes in the same operation—without compromising technical quality on any front. The firm has also positioned itself as a pioneer in the area of climate finance, seeking to differentiate itself in the legal structuring of instruments related to the energy transition and the carbon market.
Key clients
- IFC (International Finance Corporation)
- EPR 2 Participações S/A
- Sysfer Consultoria e Sistemas Ltda.
- Parsan S.A.
- Ecorodovias Concessões e Serviços
- Concessionária Rodovias do Tietê (CRT)
- SRBT Subholding S.A.
- Concessionária Ecovias dos Imigrantes
- Itaú BBA Assessoria Financeira S.A.
- Itaú Unibanco S.A.
- Banco Santander (Brasil) S.A.
- Município de São Paulo
Work highlights
Advised on Litoral Paulista Highways project, commissioned by the International Finance Corporation (IFC).
Advised Scala Data Centres with the capital raising transaction to finance the construction of three data centres and a power substation in Chile.
Advised the creditors—Itaú Unibanco and Banco Santander—on a R$1.08bn credit operation to finance the Municipality of São Paulo; proceeds are earmarked for housing projects under Programa Pode Entrar, a municipal programme focused on expanding access to affordable housing and improving living conditions for low-income populations.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Other key lawyers
Gustavo Silveira Cunha; Rodnei Iazzetta; Maria Costa Neves Machado; Bruno Laurito Pinheiro
