Client Alert | February 14, 2023
Peru: MINEM proposes new window for submission of PADs for electricity activities, among other provisions
Environmental
-
Chambers & Partners
Practices 2021 2022 2023 Power Band 2 Band 2 Band 2 Testimonials
Band 2: Natural Resources – Power — Chambers and Partners — 2023
Estudio Echecopar - Baker McKenzie houses a talented team of electricity experts with a strong international network advising both domestic and global clients on an array of issues. The department is frequently sought after to advise on asset acquisitions, project financing and power purchase agreements, as well as regulatory mandates. The firm is also capable of handling contentious matters, such as arbitration proceedings. Notable additions to the team's client portfolio include Cassa Depositi e Prestiti and Ecopetrol.
Strengths "Estudio Echecopar - Baker McKenzie has an experienced power team that can understand the needs and requirements of our company. They have a strong knowledge of the field and offer solid advice that considers our business needs."Work highlights Estudio Echecopar - Baker McKenzie represented Infraestructuras y Energías del Perú in an administrative sanctioning proceeding initiated by the Peruvian Energy Regulatory Agency, related to the operation of the company's thermal plants in the cities of Puerto Maldonado and Pucallpa in Peru.Band 2: Natural Resources – Power — Chambers and Partners — 2020
"The team are very dedicated to their clients. They understand their needs very well and are capable of developing solid legal strategies."
-
The Legal 500
Practices 2021 2022 2023 Power Band 2 Band 2 Band 2 Testimonials
Band 2: Natural Resources – Power — The Legal 500 — 2023
Estudio Echecopar member firm of Baker McKenzie International handles the full life cycle of energy projects, including project development, regulatory advice, disputes, M&A, and financial transactions. Working in tandem with its global network, the firm acts for high-profile clients on cross-border regional and international matters. Maria del Carmen Tovar heads the practice and is a name to note for arbitrations pertaining to investments, public services and public works. Inés Vázquez handles both contentious and non-contentious work and has experience of privatisation and concession procedures in the electric power sector; she acts for private and state-owned companies. Associate Claudia Cruces specialises in public services regulation with a focus on the power sector.
‘It is a firm prepared to serve its clients effectively and with costs adjusted to the market.’
‘They serve customers in a personalised way and quickly understand the customer’s needs‘.
‘The team is very well informed and updated, giving quick and complete answers’.
Band 2: Natural Resources – Power — The Legal 500 — 2019
"Very well organized team."
-
IFLR1000
Practices 2018 2019 2020 Project Development / Power Band 1 Band 1 Band 1 Testimonials
Band 1: IFLR1000 — 2020
“Because of the excellent results always shown, I always trust in their work. The team in Echecopar worked exactly as a team, always going the same way and keeping the same message. For me as a client, this consistency keeps me confident. Of course, this is the way they differentiate themselves from firms in Lima.”
Description
We have extensive experience advising on electricity matters and on generation (both renewable and conventional), transmission and distribution activities. We know that these industries are highly specialized; therefore, we collaborate with engineers and economists in order to understand the problems of our clients and propose integral solutions.
We have actively participated in the privatization and concession of the most important companies in the sector, which has given us special strength in this area. Our specialists have collaborated directly in the design of the legal framework that facilitated the process of privatization of the electricity market, as well as in the preparation of regulations and guidelines that promote a definitive liberalization of the electricity market in Peru to private and foreign investment.
Our practice covers all the needs of our clients — from project development to accompanying the clients in obtaining all permits, licenses and land rights, and in negotiating and executing the agreements necessary for the project. Additionally, our practice covers regulatory consulting, as well as representing our clients in disputes (arbitration, administrative and judicial processes). As to our transactional experience, we work alongside other practice areas to provide advice on M&A transactions, as well as on financing operations (project finance, debt issuance, etc.).
We accompany our clients throughout the process, providing not only legal advice but also trust.