“Alcogal served as legal advisor to a bank syndicate in the historic acquisition of Grupo Éxito by Grupo Calleja. Our firm played an essential role providing expertise and specialized advisory in this complex transaction involving collaboration between five prominent financial groups in the region.”
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 …
We Advised Renewable Energy Systems on Strategic Acquisition Read More »
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 …
We Represented AES Colón Holdings in Sale of Stake to Grupo Linda Read More »
Alcogal represented Celsia Centroamérica, a subsidiary of Grupo Celsia, in leading the sale of its energy assets to Fontus Spain, a subsidiary of EnfraGen, for USD 194 million. The agreement included the transfer of the Dos Mares hydroelectric complex (118 MW), the Divisa (9.8 MW) and Celsolar (9.7 MW) solar plants in Panama, and the …
Alcogal Represents Grupo Celsia in Sale of Energy Assets Read More »
Alcogal continues to advise Grupo Unidos por el Canal (GUPC), a consortium formed by Sacyr S.A. (Spain), Salini-Impregilo S.p.A. (Italy) and Jan de Nul N.V. (Belgium), in an international arbitration against the Panama Canal Authority (ACP). The case arises from the Third Set of Locks construction contract. In May 2023, an arbitration award granted USD …
Alcogal Represents GUPC in USD 184.9 Million Arbitration before the ACP Read More »
“Alemán, Cordero, Galindo & Lee (Alcogal) advised Multibank, Inc. with the registration of subordinated corporate bonds for USD100 M. Alemán, Cordero, Galindo & Lee (Alcogal) represented Multibank, Inc. (the “Issuer”) (i) with the registration of subordinated corporate bonds for USD100M, through the abbreviated registration process for recurring issuers before the Superintendency of Capital Markets, for these to …
Alcogal advised Multibank, Inc. with the registration of subordinated corporate bonds Read More »
Alemán, Cordero, Galindo & Lee (Alcogal) advised its long-term client Phoenix Tower International in combining, amending, and restating five senior secured credit facilities to consolidate into one USD2B senior secured multi-facility transaction covering all North America and South America, including the corresponding amendments to PTI’s local security package. The team comprised Alcogal’s lawyers, Rita de …
Alemán, Cordero, Galindo & Lee (Alcogal) advised Banco General, S.A., as arranger, in connection with (i) the registration of the common shares of Supermercados Xtra, S.A. with the Superintendence of Capital Markets (SCM) and their corresponding in the Latin American Stock Exchange (Latinex) for their negotiation in the secondary market, resulting in a USD45.6M equity …
Alemán, Cordero, Galindo & Lee (Alcogal) advised long-term clients Cable & Wireless and Liberty Latin America in the successful acquisition of Claro Panama. Both concessionaires (+Móvil and Claro) will continue to operate separately and independently until January 16, 2023.
Alcogal advised Grupo Aval in its corporate reorganization process. This reorganization resulted in the spinoff of a 75% equity stake in its indirect subsidiary BAC Holding International Corp. (BHI), in favor of its shareholders and the shareholders of Banco de Bogota (prior to the spinoff, the direct owner of BHI). BHI is the Panamanian holding …
Alcogal advised Grupo Aval in its corporate reorganization process Read More »
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