
Posadas is an established player in Uruguay’s banking and finance sector, particularly renowned for its expertise in project finance for energy and infrastructure. The practice advises multinational lenders, investment banks and development banks on corporate, acquisition and asset finance, as well as structured finance and cross-border syndicated credit facilities. It plays a key role in Uruguayan capital markets, advising on IPOs, bond issuances, and regulatory matters. Its strong regulatory expertise makes it a trusted adviser for corporate banks, fintechs, brokers, and payment service providers seeking licences from the Central Bank of Uruguay. Practice head Tomas Gurméndez is a leading expert in corporate and project finance, specialising in cross-border transactions. Fellow practice head Andrés Aznárez advises regulated financial entities and handles high-value corporate financings. Victoria Garabato focuses on renewable energy and infrastructure finance, while senior associate Martina Reyes plays a key role in transactional and regulatory banking matters.
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Key clients
- Essential Energy
- Banco Santander
- Banco República Oriental del Uruguay
- BNP Paribas
- CAF-AM Uruguay
- Inter-American Development Bank
- Inter-American Investment Corporation
- Banco BBVA
- BTG Pactual
- Sumitomo Mitsui Banking Corp
- Hyundai Fidocar
- HSI Investimentos
Work highlights
Advising Essential Energy on the financing of a greenfield integrated biorefinery plant for the production of renewable diesel and sustainable jet fuel.
Assisted Aligned Data Centers with the upsizing of an existing credit facility by USD 600 million to USD 2.25 billion. The proceeds will be used to fund the acquisition of Latin America-focused counterpart ODATA.
Advised Hyundai Fidocar in its role as sponsor on a financing of the Kahirós Project, which involves the production of green hydrogen for trucks used in the forestry industry's transportation services.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Andres Aznarez
Practice head
Tomas Gurméndez; Andrés Aznárez
Other key lawyers
Victoria Garabato; Martina Reyes
