Ranking tables

Projects & Energy | Latin America

Panama

The projects chapters focus on the development; financing (limited and non-recourse); refinancing and acquisition / divestitures of large projects that arise from the capital intensive infrastructure and energy markets. Infrastructure projects include toll road, ports, rail and light rail systems, water desalination plants as well as social infrastructure such as hospitals, schools and prisons. In the energy sector, advice on projects includes refineries, pipelines, LNG and petrochemical terminals, power plants and wind power, waste-to-energy and hydro-wave technology. Clients in this sector include sponsors, special purpose vehicles, lenders such as banks and multilateral agencies, contractors and operators, and governments. Although Chambers is aware of the overlap with Projects and project financing, the energy chapters principally focus on regulatory issues arising from the energy sector. These include the regulatory components of M&A and other transactional work, pure regulatory work related to the application for licenses and compliance and enforcement with regulatory bodies. We also consider the buying and selling of energy assets.

All Departments profiles

1

Band 1

  1. Alfaro, Ferrer & Ramírez
    1
    Alfaro, Ferrer & Ramírez
    Projects & Energy
    2025 | Band 1 | 6 Years Ranked
    Alfaro, Ferrer & Ramírez's highly respected energy and projects practice group is adept at representing clients in the public bidding, financing and construction stages of energy transmission, port, and oil and gas projects. The Panama City-based team offers notable experience advising on public procurement in the renewable energy sphere.
  2. Galindo, Arias & López
    1
    Galindo, Arias & López
    Projects & Energy
    2025 | Band 1 | 6 Years Ranked
    Galindo, Arias & López is an outstanding full-service firm based in Panama City that is frequently retained for its expertise in dealing with the financing and development of projects. The team is well placed to assist energy companies with regulatory matters, including public tenders, and commercial agreements. The department offers particular capabilities advising on the construction of non-conventional energy projects, including hydroelectric power plants and wind farms. Its deep bench of notable practitioners boasts further expertise advising on transport and social infrastructure projects. The firm represents a range of clients including noteworthy financial entities, sponsors and developers.
2

Band 2

  1. Morgan & Morgan
    2
    Morgan & Morgan
    Projects & Energy
    2025 | Band 2 | 6 Years Ranked
    Morgan & Morgan commands a strong reputation in the Panamanian market for advising well-known lenders, as well as high-profile sponsors, on the financing and development of infrastructure and energy projects. The Panama City-based team possesses strong experience representing clients in public bidding processes, in addition to advising on public contracts and service agreements with concessionaires. The department's expertise in the power arena continues to stand out, especially when it comes to regulatory and permitting matters.
3

Band 3

  1. Alemán, Cordero, Galindo & Lee
    3
    Alemán, Cordero, Galindo & Lee
    Projects & Energy
    2025 | Band 3 | 6 Years Ranked
    Alemán, Cordero, Galindo & Lee regularly handles the development of energy and infrastructure projects, with noteworthy activity in the transportation, power, and oil and gas sectors. The team also offers clients considerable expertise in negotiating structuring SPAs, as well as advising on project finance deals. The department is well versed in public bidding processes and concession contracts in Panama.
  2. Arias, Fábrega & Fábrega
    3
    Arias, Fábrega & Fábrega
    Projects & Energy
    2025 | Band 3 | 6 Years Ranked
    Arias, Fábrega & Fábrega is a highly regarded firm that garners strong recognition for its expertise in the financing of high-value, large-scale projects. The Panama City-based team is particularly involved in matters arising in the energy and natural resources sector, with additional know-how in social infrastructure and transport matters. The department acts as counsel to key local and international developers as well as notable financial institutions.
  3. SIGMA International and Global Market Attorneys
    3
    SIGMA International and Global Market Attorneys
    Projects & Energy
    2025 | Band 3 | 1 Years Ranked
    The Panama City-based firm SIGMA International and Global Market Attorneys breaks into the ranking table this year. The projects and energy team garners recognition from clients and peers alike for its involvement in this sphere, covering a broad range of work, such as providing support in renewable energy projects finance, bidding for project construction, and acquisitions in the electrical sector.