Traditionally recognised for the strength in project finance, Garrigues’ projects practice is increasingly active in advising project sponsors and government entities on tender processes and project structuring. The ‘cohesive, agile, and practical’ team is co-led by infrastructure specialist Adriana Espinosa, who is highly regarded for her extensive expertise in project structuring and is currently advising the concessionaire on the 4G Santana-Mocoa-Neiva road corridor project. Francisco Noguera co-heads the department and excels in representing lenders, borrowers and sponsors in project finance transactions. The group further benefits from the public law and infrastructure experience of counsel Iván Fierro. Recommended associates include project finance-focused principal Nicolás Angulo, who is highlighted for his ’situational management skills’; principal Mónica Rodríguez (banking and finance); and senior Juan Ospina (public law and infrastructure).
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘We value the team for its timely and complete responses, rigorous analysis, practicality, and flexibility.’

  • ‘Francisco Noguera and Mónica Rodríguez have a deep understanding of the subject. They are flexible in their approach and understand the client's specific needs. Their recommendations are practical and their language is clear. They are always willing to analyse and consider different points of view.’

  • ‘A cohesive, agile, and practical team. Adriana Espinosa is the best. It also includes highly competent people like Nicolás Angulo and Iván Fierro, who are very good. The team is different in that it is agile and, because lawyers have been working together for a while, everything is very efficient.’

  • ‘Garrigues really surprised us; it is truly a highly trained team. We felt lawyers "put on their client jersey" and facilitated the negotiation and workflow, and their expertise gave the job a boost. We were able to close the deal in record time. Difficult meetings and negotiations were handled with great expertise.’

  • ‘Our team was led by Nicolás Angulo, who led the negotiations and performed excellently. I believe his soft skills were essential for the negotiation, the finalisation of documents, and the handling of difficult meetings. His expertise, assertive communication, and situational management skills are evident.’

  • ‘One of the strengths of the Garrigues team is that it begins every transaction by seeking to understand the specificities, which allows it to support clients with specific needs and truly defend their interests, as well as advise on requirements, enabling fluid negotiations with counterparties.’

Key clients

  • Empresa Metro de Bogotá
  • Financiera de Desarrollo Nacional
  • Fondo de Deuda Senior para Infraestructura en Colombia CAF-AM Ashmore I
  • Gestor Profesional BlackRock Infrastructure Management
  • Cámara de Comercio de Bogotá, Corporación de Ferias y Exposiciones – Corferias and Secretaría Distrital de Desarrollo Económico
  • Emasivo 10 and Emasivo 16
  • CapitalBus
  • Sociedad de Objeto Único Concesionaria Este Es Mi Bus (in reorganisation)
  • Concesionaria Ruta al Sur
  • Doble Calzada Oriente
  • Urbacol
  • Transportadora Eléctrica del Oriente

Work highlights

Advised FDN and Empresa Metro on the structuring of the second line of the Metro de Bogotá, and on the financing to be granted by international multilateral lenders.
Advised Patrimonio Autónomo Transelco and Transportadora Eléctrica del Oriente on the project financing of a transmission line.
Advised Cámara de Comercio de Bogotá, Corferias and Secretaría Distrital de Desarrollo Económico on the structuring of the Science, Technology and Innovation District in Bogotá.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Adriana Espinosa

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Francisco Noguera

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Nicolás Angulo
Iván Fierro

Practice head

Adriana Espinosa; Francisco Noguera