The powerhouse team at BLP remains a market leader, leveraging the bench strength of offices in San José, Puntarenas, Guanacaste and Marina Flamingo, in addition to branches across Latin America and Europe, to advise banks, sponsors, non-bank lenders, contractors and operators involved in major energy and transportation projects, including hydro, wind and solar plants and toll road, airport and port concessions. The practice’s comprehensive offering covers matters ranging from project finance and development, public-private partnerships (PPPs) and public procurement to public debt and governmental budget issues. The team is headed by Luis M Castro, who specialises in energy contracts and major real estate projects, and Luis Ortiz, who brings over 20 years of experience to advising on government affairs and public procurement processes. Other key figures include capital markets and infrastructure expert Julio Castellanos, who advises national and international and multilateral financial entities on multi-jurisdictional credit operations, and Pablo Umaña, whose practice focuses on corporate financing, infrastructure, energy and multilateral projects.
Testimonials
Collated independently by Legal 500 research team.
- 'BLP has an exceptional team of young, very dynamic lawyers. Customer service and availability are excellent. They have an excellent understanding of legal issues, with a novel approach.'
- 'Luis Castro has an excellent understanding of legal issues, with a practical approach.'
‘Julio Castellanos, with whom we have worked the most, is always available, friendly and always willing to support us and provide an appropriate response, or refer us to another member of his team.'
Key clients
- Liberty
- International Finance Corporation
- IDB Invest
- CAF-AM
- Globalvia
- BNP Paribas
- Intesa Sanpaolo, New York Branch
- JP Morgan Chase Bank
- Mizuho Bank
- MUFG Bank
- Société Générale
- Sumitomo Mitsui Banking Corporation
- The Bank of Nova Scotia
- BMR Energy
- Celsia
- Banco Centroamericano de Integración Económica
Work highlights
- Provided critical guidance to lenders, swap providers and secured parties involved in EnfraGen's credit facility, which was related to the acquisition of six assets in Panama and Costa Rica, generating a combined 188 megawatts of renewable energy.
- Advised Liberty Costa Rica, as issuer, and IDB Invest on the structuring of the international issuance of a sustainability-linked bond (SLB) as part of a $450m financing package to increase digital access and broadband quality in Costa Rica.
- Advised the IFC on the structuring and bid for a new concession for a private port operator that will be responsible for designing, financing and building new infrastructure, investing in new equipment and operating and maintaining the Caldera Port.
Lawyers
Practice head
The lawyer(s) leading their teams.
Luis M Castro, Luis Ortiz