The department at Hughes & Hughes excels in rural real estate, namely on the purchase of land for forestry activities; in recent years, the group has advised Finnish company UPM on its major pulp mill project at Paso de los Toros. The practice has additional experience acting on real estate mandates concerning the renewables sector – it recently advised wind farm operator Gemsa on the renegotiation of land leases. At the helm of the practice, Haroldo Espalter specialises in rural real estate transactions. Key partner Juan Carlos Oreggia Carrau leads on a host of matters, and Florencia Beyhaut has experience advising foreign investment funds in the purchase of rural land for the purpose of forestry and agriculture.
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Key clients
- UPM
- San Miguel
- Akuo Energy – Glymont
- Global Timber Resources
- GTI 7 Investments Acquisitions Company
- GTI 10 Investments Acquisitions Company
- GMO Global Renewable Resources
- The Rohatyn Group (TRG)
- Automotores Gildemeister
Work highlights
- Advised UPM on land permits relating to its Paso de los Toros pulp mill and operations at Montevideo's port.
- Advised state-owned electricity company UTE on a public bid to extend the terms and amend prices of PPAs executed with wind farm producers in Uruguay.
- Assisted CIEU with financing the construction of schools and childcare centres across Uruguay.
Lawyers
Hall of Fame
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Practice head
The lawyer(s) leading their teams.
Haroldo Espalter