Banking & Finance
Latin America Guide 2025 : Panama
Band 2
About
Provided by Morgan & Morgan
Recent relevant transactional experience includes among others:
Advising Generadora de Gatun, S.A. and AES Panama in the senior and mezzanine financing, US$ 785,830,000.00 and US$175,000,000.00 respectively, for the development, design, engineer, procurement, construction, commissioning, testing, start-up, operation, and maintenance of an approximately 670-megawatt combined-cycle natural gas-fired power plant. The transaction has won the category “Project Finance: Energy and Natural Resources” of the Latin Lawyer Deal of the Year Awards 2022.
Advising Orla Mining Ltd. and Minera Cerro Quema, S.A. in connection with a secured credit facility for an amount of up to US$150 million.
Advising lenders in connection with a granted financing for the ongoing construction, operation and maintenance of the Penonome wind power project comprising a 215 MW wind power plant consisting of four wind farms in the Republic of Panama.
Advising Banistmo Investment Corporation as holder of local collateral of several energy projects and the most recent being the Gas Natural Atlantico, S. de R.L. and Costa Norte LNG Terminal S. de R.L. LNG project locate in the province of Colon, Panama, which is an approximate US$600 million financing.
Chambers Review
Morgan & Morgan's experienced banking and finance practice advises on transactions in both the public and private sectors. The team has extensive experience representing clients from the energy sector, as well as global banks, in project financing matters. The department assists with bilateral and syndicated lending, along with bridge loans. The firm frequently provides counsel on the regulatory aspects of banking transactions.
Work Highlights
- Morgan & Morgan advised Greenwood Energy Central America Corp. in the financing for the development, construction and commissioning of a power generation plant of up to 40 MWp, made up of four photovoltaic solar plants, located in David, Chiriquí.
Strengths
Provided by Chambers
"Morgan & Morgan's team is on top of everything, walking us through securities matters and trust structures. Its service is very much appreciated, and we would recommend the firm to anybody."
"Morgan & Morgan's team is on top of everything, walking us through securities matters and trust structures. Its service is very much appreciated, and we would recommend the firm to anybody."
Notable Practitioners
Experienced partner Francisco Arias continues to boast extensive expertise advising financial institutions on their banking and finance transactions in Panama.
"Francisco Arias is active in financing matters."
Noteworthy partner Inocencio Galindo is frequently seen assisting clients across a range of project finance mandates. He is also adept at advising on corporate loan agreements in Panama.
Dynamic partner Kharla Aizpurua is well versed in bilateral and syndicated lending, as well as bridge loans and project finance mandates in Panama.
"Kharla Aizpurua is extremely thorough and very protective of clients' interests. She is also highly efficient with her legal services and advice."
Ranked Lawyers at
Morgan & Morgan
Panama
Members
Provided by Morgan & Morgan
Arantxa Fernandez
Ariana Linares
Head of Department
Miguel Arias M.
Roberto Vidal
Clients
Provided by Morgan & Morgan
BBP Bank
Banco General
Banistmo
Banistmo Investment Corporation
Bank of China
CIFI
Caterpillar Financial Services Corporation
Citibank
Citibank Panama
Corporacion Andina de Fomento (CAF)
Credit Suisse
Empresa Nacional de Autopista (ENA)
Global Bank Corporation
HSBC Bank USA
International Finance Corporation (IFC)
Industries
Provided by Morgan & Morgan
Banks
Energy
Financial Services
Government
Mining and Metals
Real Estate
Telecommunications
Transportation