Alcogal

Alcogal Obtains Favorable Decision for Industrias Lácteas in Monopolistic Practices Case

Litigation, Litigation and Arbitration, Transactions / By

Alcogal represented Industrias Lácteas, S.A. and Sociedad de Alimentos de Primera, S.A., in a monopolistic practices case brought by the Consumer Protection Authority (ACODECO). The case, related to alleged price fixing in public bids, was dismissed in August 2024 due to insufficient evidence. This ruling protects the companies from possible sanctions and reaffirms their position …

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Alcogal Advises on Panama’s First Public-Private Partnership (PPP)

Infrastructure, PPP, Public Tenders and Concession Contracts, Transactions / By

Panama City, Panama —The law firm Alcogal advised Intervial Chile S.A. on Panama’s first Public-Private Partnership (PPP). PPPs are long-term contracts signed between one or more public entities and the private sector to create, develop, improve, or maintain public infrastructure to deliver public services. The PPP regime in Panama was created by Law No. 93 …

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We Advised Grupo Promerica in Landmark Transaction with Grupo Assa

Corporate and M&A, Corporate and M&A, Transactions, Transactions / By

Alcogal is proud to announce its role as expert counsel to Grupo Promerica in a groundbreaking transaction with Grupo Assa. This strategic collaboration integrates Grupo Assa’s Banco de Finanzas, S.A. (BDF) with Grupo Promerica’s Banco de la Producción, S.A. (BANPRO), forming Nueva Tenedora Banpro, S.A. (NTB). BANPRO and BDF will continue to operate independently. Grupo …

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We Advised Renewable Energy Systems on Strategic Acquisition

Corporate and M&A, Corporate and M&A, Energy and Natural Resources, Transactions / By

Alcogal advised Renewable Energy Systems, Ltd. (RES), the world’s largest independent renewable energy provider, on the strategic acquisition of the renewable services division of Grupo Ingeteam. This transaction, which spanned jurisdictions in Panama, Spain, Brazil and Mexico, positions RES as the leading global provider of renewable energy services, consolidating more than EUR 35 billion in …

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We Represented AES Colón Holdings in Sale of Stake to Grupo Linda

Corporate and M&A, Energy and Natural Resources, Energy and Natural Resources, Transactions, Transactions / By

Alcogal advised AES Colón Holdings, a subsidiary of AES Corporation, in the sale of a 20% stake in the AES Colón project to Grupo Linda, for USD 190 million. The AES Colón project, which includes a 381 MW combined cycle plant and an LNG regasification terminal, is critical to Panama’s clean energy supply. Grupo Linda seeks …

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