Projects
Latin America Guide 2025 : Costa Rica
Band 1
Email address
[email protected]Contact number
+506 2205 3939About
Provided by BLP
The Projects practice at BLP has been involved in all of the largest infrastructure projects in Costa Rica.
Our experience includes the representation of sponsors, lenders, commercial banks, multilateral and development banks, contractors, investors and operators in energy projects ( hydro, wind, geothermal and solar facilities and pipelines) transportation projects (airport, toll road and ports concessions) that used several project finance techniques.
BLP experience in renewable energy projects is unmatchable in the region having advised the lenders in the biggest hydro facility in Central America and in the latest BOT and four wind farms awarded by the Costa Rican Electricity Institute. In addition BLP has advised the developer of the latest Costa Rican Electricity Institute BOO wind project in all stages of such project.
Regarding energy, our experience covers the full range of development and energy law issues, development site due diligence and acquisition, power purchase agreement negotiations, transmission line and right of way negotiations, environmental, community relations, taxation, financing, construction of and general regulatory aspects.
Chambers Review
Regional heavyweight BLP fields a market-leading projects practice in Costa Rica. The experienced team handles a range of issues for sophisticated international and local investors and sponsors, and boasts expertise in the financing of large-scale infrastructure projects under PPP guidelines that includes in-depth knowledge of securities deals and syndicated lending. The Costa Rican practice group enjoys a strong reputation in the energy sector for developing green energy projects, such as solar photovoltaic power plants, as well as for advising on project acquisitions.
Work Highlights
- BLP was instructed by International Finance Corporation to provide support during the structuring and tendering phases in respect of a new concession for financing and building new infrastructure and maintain Puerto Caldera.
Strengths
Provided by Chambers
"BLP's service is exceptional and trustworthy. They deliver exceptional support and are highly responsive to our needs, promptly addressing our requests and assisting us in a swift manner."
"BLP proactively seek our benefit and are quick to act. Their responses are agile, and they are able to explain both the local Costa Rican culture and the legal framework."
"BLP's service is exceptional and trustworthy. They deliver exceptional support and are highly responsive to our needs, promptly addressing our requests and assisting us in a swift manner."
"BLP proactively seek our benefit and are quick to act. Their responses are agile, and they are able to explain both the local Costa Rican culture and the legal framework."
Notable Practitioners
Respected practitioner Luis Manuel Castro garners recognition from market commentators for his notable work within the Costa Rican projects arena. Informed by a strong corporate practice, he is experienced representing clientele from the infrastructure, banking and finance, and energy sectors.
"Luis Manuel Castro is an excellent leader who has ensured the success of the firm. The level of sophistication of his practice is very strong."
Co-head of department Luis Ortiz continues to be highly endorsed by interviewees for his activity in the Costa Rican projects field. He is renowned for his work advising on regulatory projects issues.
"Luis Ortiz is a great and competent lawyer who is well reputed in the Costa Rican legal market."
Ranked Lawyers at
BLP
Costa Rica
Members
Provided by BLP
Head of Department
Francisco Obando
Pablo Umaña
Sofía Zúñiga
Industries
Provided by BLP
Banks
Charities / Not for Profit
Construction & Materials
Energy
Financial Services
Food & Drink Producers
Government
Insurance
Real Estate
Real Estate Finance
Telecommunications
Transportation
Utilities