The USD 350 million Peruvian Road Project Financing on which Baker McKenzie provided advice to Autopista del Norte (AUNOR), a subsidiary of Aleatica, was named Deal of the Year by the International Financial Law Review (IFLR) at the IFLR Americas Awards 2021.

Last year, the Firm's transactional practice was shortlisted in the same category by the IFLR, which celebrates the most legally innovative cross-border transactions, attesting to its strong presence in large-scale project finance deals and growing capabilities in Latin America.

The team provided support with the Peruvian and New York legal aspects in connection with the financing for the construction works and completion of the road project, including Red Vial 4 and Vía de Evitamiento Chimbote in Peru.

Partner José A. Morán led the New York and Chicago teams with support from Juan Carlos Gonzalez on project finance and Karl Egbert and Brian Lee on derivatives. Partner Juan Carlos de los Heros led the Peru team with the support of associate Fernando Sam.

"We offer clients the benefits of a broad-based, collaborative Latin Finance practice—anchored in the U.S. by our Chicago, Miami and New York offices and complemented by our 800 lawyers across 15 offices in seven countries in Latin America. The lawyers in our Latin American Finance team understand the legal and political challenges within the local markets and have the cultural background to work effectively in the region," mentioned José Morán, Global Chair of the Energy, Mining and Infrastructure Industry group at Baker McKenzie.

Juan Carlos de los Heros, Managing Partner of the Lima office added, "Baker McKenzie’s participation in the Read Vial 4 road project is a good example of how our robust presence in the Americas, and our sophisticated understanding of local industries and cultures contribute to our clients’ success. This transaction not only advanced our clients’ business interests, but also helped create lasting value for a developing region. This award acknowledges our commitment and dedication to maintaining a deep level of expertise in Latin American markets.”


About Baker McKenzie's Latin America Project Finance Capabilities

With more than 850 lawyers across our Latin America operations, we have offices in every major jurisdiction in the region. Baker McKenzie is the dominant global law firm in Latin America and one of the world's most active project finance law firms. Working closely with colleagues across practice groups and offices, the attorneys help clients capitalize on business, trade and investment opportunities in the region and execute their global growth strategies. We advise sponsors, developers, financial institutions, investment funds, governments and governmental agencies on projects development and their financing across a wide range of industry sectors, including oil and gas, power, renewable energy, transport, water and social infrastructure on a full array of development and financing structures.