Lawyers at infrastructure and public law boutique Arrieta Mantilla & Asociados are valued for their ‘capacity for analysis, creativity and consideration’, according to some. The group is distinguished by its focus on representing the full range of project stakeholders, including public-sector entities, concessionaires and construction companies, on the structuring, procurement and performance of contracts. It is particularly active in toll-road concessions, where it leverages a formidable record in handling projects across all five generations of Colombia’s road infrastructure initiatives. Among the names to note, senior partner Álvaro Mantilla
is a go-to expert for public contracts and procurement matters, as well as complex project-related disputes. He is acting alongside fellow projects specialist, Álvaro Mantilla Sánchez, to advise Coviandina on its public-private partnership (PPP) contract with the National Infrastructure Agency (ANI) regarding the road corridor connecting the southern part of Colombia with Bogotá. Administrative law partner Yady Villaquirán Castro also has a significant projects dimension to her practice and advised Financiera de Desarrollo Nacional (FDN) on the structuring of the Ranchería-San Juan del Cesar and Triángulo del Tolima irrigation districts. The group also includes senior associate Rodrigo Sánchez Pineda, who impresses with his ‘willingness to serve the client’s team’; and transport specialist Diana Marcela Díaz, an August 2023 hire from the Cámara Colombiana de la Infraestructura. Associate Julián González Torres departed in July 2023, as did Ramón Enrique Ramírez in January 2024.
Projects in Colombia
Arrieta Mantilla & Asociados
Practice head(s):
Álvaro Mantilla; Álvaro Mantilla Sánchez; Yady Villaquirán Castro
Testimonials
‘The firm’s projects area is composed of highly specialised professionals, who possess extensive experience and knowledge of the infrastructure sector, with the capacity for analysis, creativity and consideration. Its response times, the quality of its deliverables and its dedication stands out.’
‘We highlight lawyers for their closeness, openness, depth of analysis and knowledge, particularly Álvaro Mantilla and Álvaro Mantilla Sánchez.’
‘The AMYA team has extensive experience that greatly contributes to our needs. Its performance is outstanding compared to other firms.’
‘Rodrigo Sánchez Pineda is a lawyer who stands out for his availability and willingness to serve the client’s team.’
Key clients
Corficolombiana
Concesionaria Vial de los Andes (Coviandes)
Concesionaria Vial Andina (Coviandina)
Concesionaria Vial de Oriente (Covioriente)
Proyectos de Inversión Vial del Oriente (Proinvioriente)
Concesionaria Vial del Pacífico (Covipacífico)
Proyectos de Inversión Vial del Pacífico (Proinvipacifico)
Concesionaria Vial del Mar (Covimar)
Concesionaria Panamericana
Proindesa
Aerocali
Estructura Plural Aeropuertos del Suroccidente: Corficolombiana and Aena Desarrollo Internacional
Proyectos de Infraestructura y Desarrollo (PISA)
Operadora de Aeropuertos de Centro Norte (Airplan)
Concesiones CCFC
Financiera de Desarrollo Nacional (FDN)
Consorcio Ruta 40
Unión Temporal Steer Davies Gleave and KPMG Advisory Services
VP Ingenergía
OTACC
Work highlights
- Acted as a consultant to Unión Temporal Steer Davies Gleave and KPMG Advisory Services on the development of a methodological proposal for the structuring of public infrastructure projects with private investment.
- Advised Concesionaria Vial Andina (Coviandina) on its PPP contract with the National Infrastructure Agency (ANI) regarding the road corridor connecting the southern part of Colombia with Bogotá.
- Advised Concesionaria Vial del Pacífico (Covipacífico) on its PPP contract with ANI regarding part of the road corridor connecting Medellín with the Colombian pacific region.
Brigard Urrutia
Brigard Urrutia’s projects team stands out for its multidisciplinary approach, which ensures that it can turn its hand to any aspect of a project on behalf of any key stakeholder. Arguably best known for project finance prowess — where it can lean on recognised experts in the field, such as managing partner Carlos Fradique-Méndez — the team also brings extensive expertise in energy, public utilities, corporate transactions and dispute resolution, among other areas. Among its project finance highlights, high-profile finance specialist César Felipe Rodríguez advised AMP Capital Investors US and Enel Colombia on financing the acquisition of electric public transportation buses from BYD Auto Industry Company (China) to TransMilenio. In a non-finance matter, Carlos Umaña advised Financiera de Desarrollo Nacional on pre-feasibility studies connected to the reactivation of the Pacific Rail Corridor. Other senior contacts include managing partner Carlos Fradique-Méndez
, who excels in project finance; Claudia Navarro, whose practice spans energy, infrastructure and public utilities; and banking and finance partner María Fernanda Diago. The department further benefits from a strong second line of non-partners, including director Mario Forero, who focuses on public procurement and administrative law; and senior associate Nicolás Alonso, who sits in the banking and financial services team. Senior associate Felipe Alarcon left in June 2023; while former director Julián Parra moved in house at ZEmobility in September 2024. Since publication, the practice has been strenghened on the project-finance side with the hire of Sebastián Lora, formerly of Martínez Quintero Mendoza González Laguado & de la Rosa; effective as of March 2025.
Practice head(s):
Carlos Fradique-Méndez; Carlos Umaña; César Felipe Rodríguez; Claudia Navarro; Maria Fernanda Diago; Mario Alejandro Forero; Carlos Urrutia; Julián Parra
Testimonials
‘The Brigard Urrutia projects team is committed to providing the best service to users by keeping an eye on missing documents, giving accurate legal opinions and being in constant contact with the client.’
‘One of the main strengths of the team is that its lawyers have extensive knowledge of the subject and the applicability of the different regulations.’
Key clients
Bancolombia
Caribbean Financial Group Partners
Gramercy
Citibank Colombia
Financiera de Desarrollo Nacional
Banco de Bogotá
QNT
Latam Airlines Colombia
Finkargo
ZMP Fontibón
Ecopetrol
Itaú Corpbanca Colombia
AES Colombia
Grupo Lamosa
Blackrock
Elecnorte
Perimetral Oriental de Bogotá
Sumitomo Mitsui Banking Corporation
Fiduciaria Scotiabank Colpatria
Termonorte
KMA Construcciones
Odinsa
Scotiabank Colpatria
Promigas
Grupo Ortiz
Matrix Renewables
Celsia
Solarpack
Concesión del Sisga
Enel Colombia
Sociedad Puerto Industrial Aguadulce
Total Eren
BBVA Banco Bilbao Vizcaya Argentaria Colombia
Desarrollo Vial al Mar
Unión Vial Camino del Pacífico
JPMorgan Chase Bank
Atlas Renewable Energy
Autopistas del Nordeste
Carmet Medellín
Work highlights
- Advised AMP Capital Investors US and Enel Colombia on financing the acquisition of electric public transportation buses from BYD Auto Industry Company (China) to TransMilenio.
- Advised the Bank of China (Panama Branch) and the Industrial and Commercial Bank of China on providing a $230m revolving construction financing to Metro Línea 1 for the design, construction and development of Bogotá’s first metro line.
- Advised Concesión Transversal del Sisga, and its sponsors, on a $235m refinancing for the Transversal del Sisga project.
Durán & Osorio Abogados Asociados
Durán & Osorio Abogados Asociados’ full-service projects practice is ‘unique due to its transversal knowledge of both financial and technical issues’, according to clients. The team’s close links with public-sector agencies is also a recurring theme among sources, with its working relationships with both ANI and private-sector stakeholders ensuring that ‘day-to-day issues are handled with greater ease and accuracy’. Widely recognised as a market leader, Álvaro Durán brings to bear enviable experience in pathfinder projects in the roads, airports, rail, TMT and utilities sectors, among others. Durán is acting alongside talented next-generation partner, Felipe Herrera, to advise International Finance Corporation and Panamá’s Ministry of Public Works on the structuring of the $300m East Panama Road PPP. Álvaro Gasca also possesses a strong record in pioneering infrastructure projects, with a focus on the transport, health, and cultural spheres; he advised ANI on the structuring of the La Dorada–Santa Marta rail freight project. Additional key contacts are senior partner Jorge Gabriel Taboada, who specialises in public law and PPPs; and Mauricio Llache, who joined from his own practice in December 2023. A deep pool of senior associates includes Daniela Mejía Alzate, whose practice spans public law and infrastructure; Sebastián Duque, who has a focus on the transport sector; Edgardo Maya, who is noted for contentious work; and Carlos Andrés Sarasti, who advises on projects and corporate law. Carlos Andrés Sánchez and senior associate Gigliana Rivero Ramirez left the firm in July 2023.
Practice head(s):
Álvaro Durán; Jorge Gabriel Taboada; Álvaro Gasca; Felipe Herrera
Testimonials
‘The practice is made unique due to its transversal knowledge of both financial and technical issues, which results in a comprehensive legal approach that allows each stage of the project to be addressed efficiently and quickly — usually law firms only focus on the legal aspects.’
‘The team stands out for its ability to understand and address the financial and technical issues that are part of a project. Felipe Herrera is an outstanding lawyer.’
‘Durán & Osorio is very competent in advising on public law projects and state tenders. D&O puts its knowledge and relationships within the public sector towards the service of the project, allowing great effectiveness in managing the client and the situations that are handled on a day-to-day basis in projects.’
‘Its greatest strength is its relationship and credibility with public entities and officials, which paves the way for direct communication on projects, thus day-to-day issues are handled with greater ease and accuracy. Its legal knowledge also strengthens both the project and its relationships.’
‘For project structuring, one could not think of another firm that understands the challenges of projects like D&O does. Lawyers approach challenges from multiple points of view and are pragmatic in solving them.’
‘Felipe Herrera is a person who goes beyond his obligations, he always maintains strong ethics and responsibility and is a pillar of advice to his clients.’
Key clients
Ministerio de Obras Públicas de Panamá
Agencia Nacional de Infraestructura
Odinsa Aeropuertos
Departamento Nacional de Planeación
Agencia de Educación Superior, Ciencia y Tecnología (ATENEA)
Financiera de Desarrollo Nacional
China Harbour Engineering Company
Patria Investments
Unidad de Gestión del Patrimonio Autónomo Aerocafé
Empresa Férrea Regional
Empresa de Acueducto y Alcantarillado (EAAB)
Empresa de Renovación y Desarrollo Urbano de Bogotá
Instituto Distrital de Recreación y Deporte
International Finance Corporation
Mercantil Colpatria
Financiera de Desarrollo Territorial (FINDETER) & Prosperity Fund
Work highlights
- Advised International Finance Corporation and Panamá’s Ministry of Public Works on the structuring of Panama’s first PPP project, the $300m East Panama Road PPP.
- Advised ANI on the structuring of the La Dorada–Santa Marta rail freight project.
- Advised Odinsa on the structuring and submission of an unsolicited PPP proposal for the EDMAX project, which is a project to expand and modernise the El Dorado Airport.
Philippi Prietocarrizosa Ferrero DU & Uría
Philippi Prietocarrizosa Ferrero DU & Uría houses an interdisciplinary projects practice that draws on lawyers specialised in public procurement, public law, infrastructure and project finance, among other areas. The team is best known for its strong transactional offering, where it routinely advises local and international lenders, construction companies, sponsors, government entities and other stakeholders in project finance and development matters. However, it also highly regarded for its regulatory and contentious work, such as its recent successful representation of Grupo Aeroportuario del Caribe in its landmark arbitral dispute against ANI concerning Barranquilla Airport’s concession agreement, which represented the first judicial precedent in Colombia ordering the early termination of a transportation concession agreement due to force majeure circumstances. Pre-eminent public law and infrastructure specialist, Jorge Di Terlizzi
, led on the Barranquilla Airport work and, in a further example of his impressive transport infrastructure credentials, he also advised Sociedad Aeroportuaria de la Costa on its unsolicited PPP proposal for the expansion of Rafael Núñez Cartagena Airport. The group additionally includes the ‘exceptional’ Juan Fernando Gaviria, who specialises in project and corporate financing; Carlos Padilla, who advises on the structuring and financing of projects across a broad scope of sectors, with an emphasis on major transport infrastructure; and Hernando Padilla, whose corporate and finance focus also encompasses projects. At associate level, Daniela Mejía supports on project finance-related issues. In February 2024, senior associate Camilo Forero left to join TransMilenio.
Practice head(s):
Jorge Di Terlizzi; Juan Fernando Gaviria; Hernando Padilla; Carlos Padilla
Testimonials
‘The PPU project team seeks to achieve customer satisfaction by taking into account commercial needs and different national contexts.’
‘Juan Fernando Gaviria’s experience is extraordinary, he is an expert. Carlos Padilla is also a great lawyer in administrative law. ’
‘Juan Fernando Gaviria is exceptional.’
‘We highlight the team for its knowledge of the power and finance markets.’
Key clients
Banco Bilbao Vizcaya Argentaria Colombia
BNP Paribas (New York branch)
China Civil Engineering Construction Corporation
Compartimento A del Fondo de Capital Privado FCP Deuda Infraestructura II Sura – Credicorp Capital
Concesión La Pintada
Concesionaria Ruta al Sur
Concesionaria Ruta del Cacao
Enerfin Sociedad de Energía
Fondo Blackrock Deuda Infraestructura Colombia II (Gestor Profesional Blackrock Infrastructure Management I)
Fondo de Capital Privado Deuda Infraestructura Colombia (Gestor Profesional Blackrock Infrastructure Management I)
Grupo Aeroportuario del Caribe
Interamerican Development Bank
Interamerican Investment Corporation
John Laing
JPMorgan Chase Bank
MC Victorias Tempranas
Parque Solar Portón del Sol
Poma
Rodovias Colombia
Sociedad Aeroportuaria de la Costa
Work highlights
- Successfully represented Grupo Aeroportuario del Caribe in its landmark arbitration dispute against ANI concerning Barranquilla Airport’s concession agreement.
- Acted as local counsel to a group of local and international lenders on the long-term project financing of the construction and development of the Bogotá-Girardot 4G toll road in Colombia.
- Acted as Colombian counsel to lenders BNP Paribas (New York branch), Interamerican Investment Corporation and the Interamerican Development Bank on financing the acquisition of a fleet of 401 electric buses for Usme and Fontibón to render public transportation services in Bogotá.
Castro Leiva Rendón Abogados
Castro Leiva Rendón Abogados’ firm-wide focus on infrastructure and public law pays dividends and it is routinely engaged by project sponsors and concessionaires to handle bidding, development and operational matters. The transport-focused group is primarily recognised for its record in the roads sector, where it has played a key role in Colombia’s fourth generation (4G) road infrastructure programme. That being said, its recent experience additionally spans airports, public transport and social infrastructure projects. Co-founding partners Marcela Castro and José Ignacio Leiva jointly lead the public law, and projects and infrastructure departments; together, they advised Doppelmayr Colombia on the selection process, conducted by IDU and TransMilenio, for the electromechanical component for an urban cable car transport system in Bogotá. Projects partner Natalia Uribe is also recommended.
Practice head(s):
Marcela Castro; Jose Ignacio Leiva; Natalia Uribe
Testimonials
‘The team stands out for its experience and timely and comprehensive attention.’
‘Marcela Castro demonstrates expertise, agility and sagacity.’
‘The firm’s partners directly address the issues.’
‘Marcela Castro and Jose Ignacio Leiva are excellent professionals.’
‘Castro Leiva Abogados stands out for its great technical capacity in structured project financing in Colombia, for its good management of client knowledge and for its good management of resources for billing.’
‘The strengths of this team are its availability and closeness to the client as well as its deep knowledge of public entities.’
Key clients
ISA – Interconexión Eléctrica
Consorcio Constructor Concesión Accesos Norte II
Convías
Concesión Ruta al Mar
Concesión San Rafael
Concesión GICA
Concesión Autopistas Urabá
Concesión Alto Magdalena
Concesión Pacifico 2
Concesión Pacifico 3
Concesión Nueva Fiscalía
PTAR Cucúta
Odinsa
KMA Construcciones
Concesión Devisab
Concesión Alternativas Viales – Cambao Manizalez
Mota – Engil
Colpatria
Mario Huertas
Sacyr
Concesión Alto Magdalena
SP Ingenieros
Work highlights
- Advised Interconexión Eléctrica – ISA on its participation in PPP projects under the 5G road concessions programme in Colombia.
- Advised Grupo ISA on the bidding process for the Pan-American East and West Highway in Panama.
- Advised Doppelmayr Colombia on the selection process conducted by IDU and TransMilenio in relation to the electromechanical component for an urban cable car transport system in Bogotá.
Cuatrecasas
Lawyers in Cuatrecasas’ projects team ‘don’t just scratch the surface, they dive into every aspect’, according to clients. The group houses a thriving project finance offering, where it is a popular choice to represent domestic and global lenders on financing large-scale infrastructure projects. The team additionally contributes extensive experience in acting for sponsors, concessionaires and others on project financing, development and maintenance matters. Manuel Quinche is a go-to finance specialist, whose sectoral projects expertise encompasses roads, ports, airports, public transport, energy, and telecoms, among other spheres. Quinche recently advised the lenders on the $642m refinancing of the 4G concession for the Pamplona-Cúcuta toll-road project. Other key names include Ana María Sánchez, whose practice spans infrastructure, energy and public law; finance partner Juan Carlos Puentes; and finance-focused Natalia Arango, who was promoted to the partnership in April 2024. Since publication, the practice has been further strengthened with the hire of Nicólas Arboleda who arrived from his own boutique in Janaury 2025.
Practice head(s):
Manuel Quinche
Testimonials
‘One of its distinctive strengths is its deep knowledge and understanding of the client’s businesses. Lawyers don’t just scratch the surface, they dive into every aspect, from operational complexities to strategic challenges. This detailed understanding allows them to anticipate and address challenges with precision.’
‘The team is dedicated to providing exceptional solutions and exceeding its clients’ expectations at all times. Lawyers’ passion for what they do is reflected in every interaction and every result they deliver.’
‘The team is distinguished not only by its exceptional professional quality, but also by the quality on a human level that characterises each member. In every interaction and in every project, a clear and forceful expression of deep-rooted values, unwavering morality and an outstanding work ethic is reflected.’
Key clients
Concesionaria Rutas del Valle, Patria Investments, Mercantil Colpatria
Vía 40 Express, Vinci Highways & Constructora Conconcreto
Natixis, New York Branch
Concesionaria Ruta al Sur
International Construction Bank of China (ICBC), Bank of China
Bancolombia, Inter-American Investment Corporation, Inter-American Development Bank
MUFG Bank
Corficolombiana, Banco de Bogotá, Banco de Occidente
Banco Santander, JP Morgan Chase Bank, and other lenders
BTG Pactual Colombia Comisionista de Bolsa
Banco Santander
Banco de Occidente and Banco de Bogotá
Work highlights
- Advised the lenders (Banco Santander, JP Morgan Chase Bank and seven other financing entities) on refinancing the 4G concession for the Pamplona-Cúcuta toll-road project.
- Advised Banco de Occidente and Banco de Bogotá on financing granted to Concesionaria Nueva Fiscalía to construct, operate and maintain the new building of the Colombian Office of the General Prosecutor.
- Advised the obligors and the initial shareholders on financing the construction, operation, maintenance, land acquisition, environmental and social management and renovation of the existing infrastructure of a 145km toll road.
Garrigues
‘A team absolutely focused on client service’, Garrigues’ projects group handles the full scope of transactional and regulatory matters, but it is arguably best known for the strength of its project finance offering. The department is led jointly by infrastructure specialist Adriana Espinosa, who is ‘assertive in her analysis’, and up-and-coming project finance partner Francisco Noguera, who ‘always manages to bring transactions to a close’. Espinosa and Noguera paired up to advise the lenders (Ashmore, BlackRock and FDN) on a $215m refinancing for Concesión Transversal del Sisga, as concessionaire of the 4G toll-road project, Corredor Transversal del Sisga. A strong second line of non-partners includes counsel Iván Fierro (public law and infrastructure); senior Juan Ospina (public law and infrastructure); senior Mónica Rodríguez (banking and finance); and senior Nicolás Angulo (securities, banking and project finance).
Practice head(s):
Adriana Espinosa; Francisco Noguera
Testimonials
‘Francisco Noguera is a true finance expert, with extensive relationships and knowledge of the financing market in Colombia, as well as great negotiation skills; he always manages to bring transactions to a close. Senior associates Mónica Rodríguez and Nicolás Angulo are true allies in transactions.’
‘We really like working with the Garrigues team, which is superior to other firms on the market in most aspects. It is a team absolutely focused on client service and bringing transactions to closure.’
‘We made a great team with Garrigues. We feel permanently supported and the collaboration and knowledge of the team is of great value.’
Key clients
Financiera de Desarrollo Nacional
Cámara de Comercio de Bogotá, Corporación de Ferias y Exposiciones – Corferias and Secretaría Distrital de Desarrollo Económico
Global Infrastructure Partners
Fondo de Deuda Senior para Infraestructura en Colombia CAF-AM Ashmore I
Emasivo 10 and Emasivo 16
CapitalBus
Sociedad de Objeto Único Concesionaria Este Es Mi Bus (in reorganisation)
Concesionaria Ruta al Sur
Doble Calzada Oriente
BNP Paribas
Crédit Agricole
Deutsche Bank
MUFG Bank
Natixis
Nomura Corporate Funding Americas
Societé Générale
Sumitomo Mitsui Banking Corporation
BlackRock Infrastructure Management
Banco Santader
Empresa Metro de Bogotá
Alo Sur
Concesionaria Vial del Oriente
Colombiana de Licitaciones y Concesiones (Concecol)
Corficolombiana
Concesionaria Vial del Pacífico
ATP Fiber Colombia
Scotiabank Perú
Work highlights
- Advised Metro de Bogota and Financiera de Desarrollo Nacional (FDN) on the structuring of the second line of the Metro de Bogotá.
- Advised Gestor Profesional BlackRock Infrastructure Management I, as lender, on the project financing of a toll-road concession.
- Acted for the lenders (Ashmore, BlackRock and FDN) in a $215m refinancing for Concesión Transversal del Sisga, as concessionaire of the 4G toll-road project, Corredor Transversal del Sisga.
Gómez-Pinzón Abogados (GPA)
The projects group at Gómez-Pinzón Abogados (GPA) impresses sources with its ‘commitment to excellence in client service’. Well versed across the full life cycle of project matters, from tenders through to operational issues, the team counts public-sector entities, banks, investment funds and construction companies among its key clients. Department head Paola Larrahondo is an increasingly prominent name for infrastructure and administrative law; she recently advised Empresa Metro de Bogotá on the construction and operation of Bogotá’s metro lines. Seasoned projects specialist, José Luis Suárez, contributes experience across the full range of infrastructure, public law and project finance; he advised VGMobility on the financing of a project for the provision of an electric bus fleet. Senior associates Juan Antonio Ucrós (infrastructure and administrative law) and Catalina Prieto (banking and finance and infrastructure) provide additional support.
Practice head(s):
Paola Larrahondo
Testimonials
‘The team is always willing to solve doubts, while its responses, apart from being quick, are very clear and effective.’
‘Juan Antonio Ucrós and Paola Larrahondo are excellent professionals. They both have extensive knowledge in conflict resolution concerning concession contracts, so they understand the challenges and know how to provide solutions.’
‘GPA is recognised for its outstanding legal team that is characterised by its professionalism and personalised attention. What makes this practice unique is its comprehensive focus on providing legal solutions tailored to each client’s specific need and also its ability to provide innovative and strategic solutions.’
‘Lawyers stand out for their deep legal knowledge, strategic approach and commitment to excellence in client service. Some of the outstanding partners in the firm include Paola Larrahondo, who is specialised in infrastructure and bidding processes.’
‘Juan Antonio Ucrós knows contracts very well and is capable of articulating the entire business with specific consultations on a topic.’
Key clients
Empresa Metro de Bogotá
Mota-Engil
CRRC (Hong Kong)
Jajomar
Cal & Mayor
DB Engineering & Consulting
VG Mobility
CRRC Changchun Railway Vehicles
Financiera de Desarrollo Nacional
ERG International UK
Work highlights
- Advised Empresa Metro de Bogotá on the construction and operation of Bogotá’s metro lines.
- Advised VGMobility on the financing of three tranches of a project for the provision of an electric bus fleet and depots.
- Advised Jajomar and Cal & Mayor on the structuring of an unsolicited PPP proposal for the construction and implementation of a public road-parking system.
Posse Herrera Ruiz
Posse Herrera Ruiz’s interdisciplinary practice draws together lawyers specialising in finance, infrastructure, administrative law, and energy and natural resources — among other areas — to provide ‘clear and concise courses of action’ on project-related matters. Names to note include infrastructure and public law partner Cristina Vásquez, who is commended for her ‘extensive experience in the infrastructure sector’; she recently paired up with corporate partner Gabriel Sánchez to act as local counsel to Odinsa on a strategic alliance with Macquarie Asset Management concerning airport infrastructure. The group also draws on banking and finance expert Mariana Posse
; energy and natural resources specialist Alvaro José Rodríguez
; finance and capital markets partner Jesús Albarrán; director Juan José Huertas, who focuses on finance and corporate law; and senior associate Catalina Posada, who supports on banking and finance work.
Practice head(s):
Cristina Vásquez; Mariana Posse; Álvaro Jose Rodríguez; Gabriel Sanchez; Jesús Albarran
Testimonials
‘Posse Herrera Ruiz is a high-quality firm, which possesses exceptional partners and support teams. In our particular case, the personal and professional relationship with Cristina Vasquez could not have been better. We feel very pleased to be served by the firm and highly recommend it.’
‘The availability of the lawyers is permanent, with the advantage that they support us in person in many of matters. They have up-to-date knowledge, which allows them to be at the forefront of all issues required by the client.’
‘Cristina Vasquez has extensive experience in the infrastructure sector and her role within PHR has allowed us to address different business challenges, with excellent results.’
‘PHR offers practical solutions to complex problems. It is composed of excellent advisers.’
‘Gabriel Sanchez demonstrates in-depth knowledge of the projects sector and experience with different markets and jurisdictions.’
‘A quality of the PHR team is its comprehensiveness, where each member of the team has notable knowledge in particular areas and complements each other. This means that the questions we have always receives an answer from an expert within the team.’
‘It provides clear and concise courses of action. For our consultations we have always found clear courses of action without giving much thought to the matter. I highlight Gabriel Sanchez and Jesus Albarrán for how practical and quick they are in resolving the issues that we have requested.’
‘It stands out for its comprehensive advice. Cristina Vásquez provides excellent recommendations.’
Key clients
Sacyr
Puerto Antioquia
CAF Ferrocarriles
John Laing
Odinsa
SeaOne Holdings
Akuo Energy Colombia
Sociedad Concesionaria Vial Montes de María
Financiera de Desarrollo Nacional
Northland Power
Atlas Renewable Energy
Terpel
Puerto Antioquia
Bancolombia
Work highlights
- Advised TMF Colombia, as collateral agent, on the refinancing of the 4G road project connecting Pamplona and Cúcuta.
- Acted as local counsel to Odinsa on the closing of a strategic alliance with Macquarie Asset Management for the operation and investment in the airport infrastructure business of Odinsa in Colombia and Ecuador.
- Advised Consorcio LRT80 on legal and contractual matters related to the Metro de la 80 Project in Medellín.
Baker McKenzie S.A.S.
Baker McKenzie S.A.S. is distinguished by its extensive global platform and clients attest that the projects team ‘has access to resources that other law firms can’t manage to incorporate’. The cross-practice group handles a mix of infrastructure and energy-related work, with its recent experience spanning project development, project finance, corporate support and contentious matters. Project finance specialist Alejandro Mesa is a key contact and brings to bear experience in the energy, mining and infrastructure sectors. Also noted are newly promoted (July 2023) partner María Montejo, who advises on public procurement and infrastructure projects; and structured finance specialist Ricardo Trejos.
Practice head(s):
María Montejo; Ricardo Trejos; Andrés Crump; Alejandro Mesa
Testimonials
‘B&M lives up to its “global” firm characteristic and it has access to resources that other law firms can’t manage to incorporate. We highly recommend B&M.’
‘Ricardo Trejos is formidable because he really gets involved in projects and helps us to look for creative and innovative solutions to problems. We have found this to be a great quality in the transactions in which we have participated in under his leadership.’
‘B&M has a strong team, with good knowledge of public law and the sector, which is not so common in full-service firms.’
Key clients
Bonus Banca de Inversión
Grupo ADO
Graña y Montero
China United Engineering
Oak Creek Energy
Brookfield Infrastructure
Coremar Compañía de Servicios Portuarios
Grupo Ethuss
Autopista Río Magdalena
Unión Para la Infraestructura
Siemens Servicios Comerciales, SOFOM.
Dalberg Consulting – US
Termomorichal
The Bank of Nova Scotia
Palermo Sociedad Portuaria
Novum Energy Group
Land Degradation Neutrality Fund
Grupo Solari
Eco-Business Fund, SICAV-SIF
Banco Davivienda
Scotiabank Colpatria
Transportadora de Gas Internacional
Work highlights
- Advised Banco Davivienda on a financing granted to Vatia for a 9.9MW solar photovoltaic project.
- Advised Bonus Banca de Inversión on the structuring of Villeta-Guaduas-El Korán, a new 5G PPP project that aims to finalise the toll road that connects Bogotá with the Caribbean coast.
- Advised SPV Villanueva on developing biomass power generation and other forestry projects in Colombia.
Dentons Cardenas & Cardenas
Dentons Cardenas & Cardenas’ projects group is ‘always willing to find a consensus and negotiate solutions’, according to some. Straddling the infrastructure, public law and finance teams, the multidisciplinary practice advises an array of lenders, developers, construction companies and government entities, among other stakeholders, on a range of tender processes, project finance, development matters and operational issues. Department head Pablo Jaramillo is recommended for his comprehensive projects focus, which intersects finance, development and administrative law. The group also draws on public law head Ximena Zuleta, transactional specialist Bernardo Cárdenas and banking and finance partner Felipe Alarcon, who joined in September 2023 from Brigard Urrutia. In February 2024, finance partner Catalina Pinilla left to join Governance Consultants.
Practice head(s):
Pablo Jaramillo
Testimonials
‘A professional and highly committed team, always willing to find a consensus and negotiate solutions. Relative to other firms, it has better response times and is more willing to be flexible and find creative solutions. It has a great ability to work with people of different cultures, nationalities and personalities.’
‘Lawyers stand out for their quality of attention and response times. Great willingness to respond to lenders’ requests and find solutions that benefit everyone and improve the transaction.’
‘The most outstanding partner we have worked with at Dentons is Pablo Jaramillo, who is always ready to respond to our requests. Although there is a team behind him, his leadership and presence are always notable. In addition to his in-depth knowledge of infrastructure, energy and gas.’
‘It possesses deep knowledge about the different generations of projects in Colombia, including concession contracts at the national and regional level. Additionally, it provides solid support when preparing the documents that prove the suitability of the buyer/proposer before the project granting authority.’
‘Lawyers’ methods and in-depth study of matters, as well as their communication with other teams of the firm, allows them to provide solid advice in transactions that involve regulated assets. Ximena Zuleta, in addition to her knowledge of the issues, permanently takes on a “hands-on” role.’
‘DCC facilitates transactions; there is a clear identification of risks and a proactive and creative way of finding solutions. The deep knowledge that goes beyond recording standards or regulatory frameworks is evident, and it is felt that it understands the business and truly integrates with the client and its needs.’
Key clients
Puerto Bahía Colombia de Urabá
Puertos, Inversiones y Obras
Societé de Promotion et de Participation pour La Cooperation Economique (Proparco) and Financiera de Desarrollo Nacional (FDN)
Inter-American Development Bank
Work highlights
- Advising Puerto Bahía Colombia de Urabá on the Puerto Antioquia project.
- Advising Puertos Inversiones y Obras, as developer and sponsor, on the multipurpose port terminal in Urabá, Colombia.
- Advising Societé de Promotion et de Participation pour La Cooperation Economique (Proparco) and Financiera de Desarrollo Nacional (FDN) on a structured finance transaction involving a public transport concessionaire.
Infraestructura Legal SAS
As a boutique firm specialising in PPPs, Infraestructura Legal SAS is ‘composed of experts in public/private projects and public procurement’, according to some. The practice routinely represents private and public-sector clients on the planning and implementation of social and transport infrastructure projects, with its track record encompassing roads, airports, waterways and penitentiary facilities, among other projects. The group is led jointly by Francisco Suárez, a former Vice President of the Colombian Chamber of Infrastructure; and Francisco Real, whose practice spans banking, procurement matters, administrative law and arbitration.
Practice head(s):
Francisco Suárez; Francisco Real
Testimonials
‘The team is composed of experts in public/private projects and public procurement associated with projects. Lawyers generate trust and support for decision-making, are agile, and have a high capacity to work in teams of multiple disciplines.’
‘The firm possesses an agility that contributes to collaboration.’
‘The team has exceptional experience in structuring matters for infrastructure projects. It is a boutique that is thorough and provides full availability of attention to its clients.’
Key clients
Bonus Banca de Inversión
Odinsa
MGM Innova Capital
Instituto de Desarrollo Urbano – IDU
CAF Development Bank
Work highlights
- Advised the Development Bank of Latin America and the Caribbean (CAF) on the preparation of a PPP contract model for highway infrastructure projects..
- Advised Instituto de Desarrollo Urbano – IDU on various long-term construction contracts in Bogotá, including for the operation of the bus rapid transit system, among other matters.
- Advised MGM Innova Capital on public lighting service projects in various municipalities of Colombia.
Martínez Quintero Mendoza González Laguado & de la Rosa
Martínez Quintero Mendoza González Laguado & de la Rosa, formerly DLA Piper Martínez Beltrán until its May 2024 disassociation from the DLA Piper network, stands out for its robust procurement and regulatory expertise. The team acts for clients across the industry — including construction companies, service providers and concessionaires, among others — and demonstrates ‘understanding of the dynamics between public and private stakeholders’. The department is led jointly by Olga Lucía Ramírez, who is a former Vice Minister of Infrastructure at the Ministry of Transportation; and banking and finance partner Sebastián Lora. At associate level, seniors Carlos Guzmán (banking and project finance) and Laura Carmona (infrastructure, projects and public law) provide key support. Since publication, Lora has left the firm - effective as of January 2025.
Practice head(s):
Olga Lucía Ramírez
Testimonials
‘The support provided has been impeccable. Sebastián Lora and Carlos Guzmán have always been attentive and willing to help us achieve our objectives. We consider the team an important ally for projects to be developed in Colombia.’
‘Sebastián Lora and Carlos Guzmán have proven to be lawyers with a high level of creativity and practicality to solve problems and mediate positions between the parties.’
‘The team stands out for its good customer service and agility in processes.’
‘It has been an invaluable partner in our PPP project, contributing significantly to the success of our initiative. This project has been a testament to the dedication, commitment and capabilities of the firm. From the beginning, it has been perfectly integrated into our team, emerging as a strategic ally.’
‘Throughout the project life cycle, it played a crucial role in contractual management, strategy design and litigation prevention, offering insightful input on regulatory and administrative aspects. It is distinguished by its comprehensive understanding of the dynamics between public and private stakeholders.’
‘Under Olga Lucía Ramírez, the team has prospered. With more than 17 years of experience in the sector, including leadership roles in both the private sector and government, Ramírez has impeccably transferred her knowledge and experience to create an optimal environment for the development of our project.’
Key clients
Andino Inversiones Global
Barranquilla Chamber of Commerce
Cali Chamber of Commerce
Cadagua
Tedagua
Vinci Construction Grands Projets (Colombia branch)
John Laing Group
Globalvia
Macquarie Asset Management
National Planning Department of Colombia
Portales Urbanos
Refoenergy Villanueva
Ventura Group
Metron Aviation
Banco Santander
Banco Santander and TMF Colombia
GreenYellow Energía de Colombia
Work highlights
- Advised Metron Aviation on the development of a project with the Colombian Civil Aviation Authority (Aerocivil) related to the supply of software for air navigation.
- Advised Electribus Bogotá Usme I and Electribus Bogotá Fontibón II on concession contracts relating to the deployment of electric buses within the public transport system in Bogotá.
- Selected to be a member of the team developing a consultancy for the National Planning Department to carry out the structuring of the PPP mechanism of the second stage of the University Research Headquarters project of the Universidad de Antioquia.
Rincón Castro Abogados
Projects, public law and dispute resolution-focused firm, Rincón Castro Abogados, stands out for its comprehensive coverage of project-related matters, with experience across the market's contentious, transactional and regulatory segments. The team’s client roster strikes a balance between domestic and multinational construction companies and concessionaires, while its sectoral experience spans roads, airports, ports, mass transport and energy, among other infrastructure spheres. Led by department head Miguel Castro, who is commended for his ‘high degree of specialisation’, the group additionally draws on high-profile arbitration specialist Rafael Rincón. Also noted are senior associates Juan Camilo Artunduaga (infrastructure and public law) and Santiago Vernaza (dispute resolution and public law).
Practice head(s):
Miguel Castro
Testimonials
‘I would like to highlight the professionalism and dedication of the Rincón Castro team. Especially Miguel Castro and Rafael Rincón, who directly attend to matters with the client, without delegating to junior lawyers — but always with their support, so that training is perceived throughout the process.’
‘The team stands out for its comprehensive knowledge in infrastructure, concessions and international arbitration. Also for its relationships within the sector.’
‘The Rincón Castro team carries out the assigned tasks with such a high level of commitment and dedication that we consider it as part of our project team. It is available even at the most critical moments to assist us with professionalism, always willing to debate and find joint and creative solutions.’
Key clients
KMA Construcciones
Ortiz Construcciones y Proyectos
Pavimentos Colombia
Mario Alberto Huertas Cotes
Obras y Servicios (COPASA)
KPMG Advisory, Tax & Legal
Conconcreto
Odinsa
Hidalgo e Hidalgo / Construcción y Administración (CASA)
Perimetral Oriental de Bogotá
CAS Mobiliario
Autopista ALO Sur
Work highlights
- Advised KMA Construcciones on the Puerto Salgar-Barrancabermeja road PPP.
- Advised Ortiz Construcciones y Proyectos on the road PPP project, Sabana de Torres-Curumaní.
- Advised Obras y Servicios (COPASA) on the contract to design, build, operate and maintain a new public hospital in Bogotá.
Muñoz Tamayo & Asociados
Muñoz Tamayo & Asociados’ projects team brings to bear extensive experience in large-scale privatisations, public tenders, project development and operational matters. The group is well versed in all major infrastructure asset classes, with significant recent activity in the roads, public transport, water and technology arenas. Diego Muñoz Tamayo heads the group and his broad practice takes in project finance, bidding processes and public-private partnerships. Financial services partner, Felipe Trías, is also a key contact.
Practice head(s):
Diego Muñoz-Tamayo
Key clients
IDC Construcciones
Promotora Convivienda
Work highlights
- Advising IDC Construción on all aspects of its operation in the civil engineering public procurement market in Colombia.