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Allen & Overy Involved in Numerous 2020 Latin America Deal of the Year Awards by Proximo

Allen & Overy (“A&O”) acted as legal counsel on numerous transactions that were recognized at the Proximo Americas Deals of the Year Awards Ceremony, highlighting A&O’s outstanding work in the Latin America in energy, infrastructure and renewables in 2020. 

The Deal of the Year awards include:

  • Latin America Emerging Energy Deal of the Year – Condor/Enel X, in which A&O advised BNP Paribas, Société Générale and Sumitomo Mitsui Banking Corporation on the financing to a joint venture of AMP Capital and Enel X, in support of the acquisition and leasing of 433 electric busses for the Transantiago public transit system in Santiago, Chile; 
  • Latin America Solar Deal of the Year – New Juazerio Solar Project, in which A&O advised IDB Invest and DNB on the financing of a 187 MWp bifacial photovoltaic solar power plant in Brazil developed by Atlas Renewable Energy; and
  • Latin America Mining Deal of the Year – Mantoverde, in which A&O advised Mitsubishi Materials Corporation on its acquisition of a minority stake in the Mantoverde copper mine in Chile; and
  • Latin America Social Infrastructure Deal of the Year – PPP Educativa 2, in which A&O advised IDB Invest on the bankability aspects of its financing to Infraestructura Educativa II SA of 23 schools, 9 technology centers and 10 sports centers, as part of the Government of Uruguay’s strategic plan to develop the country's educational infrastructure.

“We are honored to be part of these award-winning transactions that have been recognized by our peers as innovative and significant to the Latin American region,” said Jillian Ashley of Allen & Overy. 

Partner Sami Mir of Allen & Overy said, “We are extremely proud of our role in helping our clients find unique solutions that further develop and progress the energy transition in Latin America. We sincerely thank our clients for trusting us, time and time again, on these types of complex transactions.” 

Brian Blakely, Lead Investment Officer from IDB Invest, said “We are lucky to have the ongoing support from the A&O team, as they helped us secure innovative cross border financing for a revolutionary power project in Brazil. This was a critical transaction for IDB Invest in Brazil with several innovative and complex features. Congratulations to the team for the well-deserved recognition.”

A&O’s Projects, Energy, Natural Resources and Infrastructure Group is regarded as one of the leading legal advisors in the sector.