The sizeable banking and finance team at Posadas excels at project financings in the energy and infrastructure sector, as well as asset finance deals, in which it acts for lenders and borrowers. It counts many domestic and international banks as well as fintech companies amongst its client base. Recent highlights include a complex cross-border transaction involving Global Infrastructure Partners, and a significant renewable energy deal. Tomas Gurméndez co-leads the practice and has significant expertise in the financing of energy and infrastructure projects and cross-border deals involving sophisticated collateral structures. Alongside him in leading the team, regulatory banking department head Andrés Aznárez has notable experience providing advice to banks, investment firms, brokers and fintech companies. Victoria Garabato has been active in almost all the major project finance matters handled by the firm in recent years, and Martina Reyes is the name to note at associate level.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Flexibility to adapt to the needs of the client.’

  • ‘Warmth and professionalism distinguish this team.’

  • 'Andrés Aznárez provides comprehensive advice in a fast and effective manner.'

Key clients

  • Global Infrastructure Partners
  • Inter-American Development Bank (IDB)
  • Inter-American Investment Corporation (IIC)
  • Banco Santander España
  • Banco BBVA
  • Banco República Oriental del Uruguay
  • Sumitomo Mitsui Banking Corp.
  • BNP Paribas
  • Conaprole
  • Patria Investments
  • Mastercard
  • Compass Group
  • Lombard Odier Uruguay
  • Societe Generale
  • Mandazy
  • Transfero
  • Grupo Financiero Galicia
  • Zuma Advisors

Work highlights

  • Advised Global Infrastructure Partners on a green loan credit agreement with BNP Paribas, SMBC and the Bank of Nova Scotia for the acquisition of Atlas Renewable Energy.
  • Advised Inter-American Development Bank, Banco Santander, and Banco de la República Oriental del Uruguay as senior lenders on the financing of a PPP highway project.
  • Acted for SMBC on the refinancing of an existing project finance deal for two wind farms owned by Spanish developer Smartener.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Tomas Gurméndez, Andrés Aznárez