Latin America - Brazil • Energy and natural resources

Ulhôa Canto, Rezende e Guerra Advogados

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Ulhôa Canto, Rezende e Guerra Advogados combines overarching regulatory expertise with comprehensive power sector knowledge. Drawing on strong relationships with the main regulatory bodies in the country (including ANEEL), the firm is a premier choice for clients operating in all electricity segments – most notably generation and distribution – seeking advice on layered regulatory issues, litigation at the judicial and administrative levels, as well as power auctions, projects and M&A. The group is also singled out for its solid credentials in renewable energy mandates, covering wind, solar and hydropower. Isabel Lustosa, a veteran force in the Brazilian electricity sector, has played a key role in regulatory discussions in this space. She oversees the highly regarded team, which also features associate Luciana Yoshida, who regularly attracts instructions from generation companies, utilities and sponsors.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The firm has a team with expertise in the Brazilian electricity sector. The analyses prepared by this team are of excellent quality, with a deep technical foundation, always supported by robust precedents that confirm its position. This results in greater security and assertiveness in the application of the action strategies suggested by the firm for its clients.’

  • ‘Isabel Lustosa is the partner and leader of the team specialised in the Brazilian electricity sector, which also includes Luciana Yoshida.'

Key clients

  • Light Group
  • Elera Renováveis
  • Comerc Energia
  • BRF
  • Gerdau
  • BRK Ambiental
  • Interligação Elétrica do Madeira
  • Companhia Siderúrgica Nacional
  • Auren Energia

Work highlights

  • Advised BTG on the potential acquisition of Amazonas Energia.
  • Advised CSN on the acquisition of CEEE-G in a R$928m winning bid followed by the payment of a R$1.7bn bonus to the Ministry of Mines and Energy.
  • Advised Light on the matters related to renewing its concession term.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Isabel Lustosa