- Advised a foreign national state’s exports promotion bank for two successive loans to Colombia’s main natural gas transporter to finance the consummated expansion of main trunklines by building 20” loops to over 105 kms and 94 kms both on the Colombian Caribbean coast.
- Advised and represented world-leading energy company: (i) for submitting the winning bid, negotiating and executing the BOMT contract with the Colombian government for a 578 km natural gas trunkline with 180 kms of branches; (ii) for issuance of all project permitting; (iii) as Colombian counsel for the successful international placement of Rule 144A bonds to finance the project without recourse to guarantee; (iv) for providing full service support to and representation of the SPV throughout project execution over 17 years up to the consummated transfer to a government designated assignee, including dispute resolutions; (v) for the SPV’s wind-up as liquidators and executors; and, (vi) for successfully litigating surviving cases before Colombian administrative courts.
- Advised and represented a mayor energy client for: (i) a winning bid in a joint auction before the Colombian Stock Exchanges (since merged) for the seller’s credit-leveraged sale of a majority shareholder package in Colombia’s main gas transporter; (ii) for putting the purchased share in a trust-in-guarantee for payment of the credit; (iii) subsequently identifying the investment opportunity, attaining inclusion of and representing our client as winning bidder for purchasing the same credit at discount in competition with commercial banks; (iv) thus attained settlement of the trust-in-guarantee on the foresaid share package and secured registration of our client’s foreign investment rights; and, (v) further counseled additional purchases by our client of stock in the same gas transporter.
- We advised a mayor energy client to prepare a bid in a public tender for the award of a BOMT contract for a 740-kilometer trunk gas pipeline. The bid was unsuccessful.
- Advised Colombia’s main gas transporter’s subsidiaries for negotiating successive natural gas marketing and distribution agreements grandfathered before gas sector activity separation regulations.
- Analysis of TOR and performance of due diligence for potential submission of our client’s private bid to purchase an equity stake in a 2,085 MW state-owned power generation company. The Colombian government suspended the tender.
- Advised client on regulatory requirements for the potential development of Colombia’s first gas exportation project-financed facility. Agreement on regulatory policy with the Colombian government was not reached.
- Advised client and prepared policy recommendations to the Colombian central bank for hedging operations on basic products (commodities such as natural gas) to be registrable foreign exchange operations. This policy was ultimately adopted and regulated by the central bank.
- Advised and represented an offshore consortium of leading energy companies regarding the potential tendering for a long-term purchase of gas compressed and transported from fields operated by an association of a mayor P&E company and the Colombian state-controlled Ecopetrol in the Colombian eastern plains. The consortium opted not to tender.
- Since 2021 we have authored the Colombia chapter in Lexology Panoramic Natural Gas Regulation of which the 2026 chapter on law and policy up to May can be visited at the following link:
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