Last Updated July 31, 2018

Law and Practice

Contributed By Morgan & Morgan

Authors



Morgan & Morgan ’s energy practice offers expertise in the full spectrum of projects from permits, development, financing and construction, to their operation. This allows them, when representing lenders, to have a more comprehensive perspective of the type of challenges faced by these projects. Lawyers advise both developers and lenders in all aspects related to the financing of energy projects, including the first post-privatization hydroelectric project to be developed in Panama (2003) and the first wind farm (2014). Expertise also extends to M&A and joint ventures, power purchase agreements, dispute resolution, environmental permits, taxation and regulatory matters.

It should be noted that there are currently several bills before the National Assembly that propose significant changes to the industry, particularly with regard to hydroelectric power generation. These, however, were submitted a few legislative periods ago and there is no certainty that they will be passed by the Legislature or enacted as Laws of the Republic.

One of the bills under discussion provides certain amendments to Law 6, which could limit the market participation of generators, and also create a new market agent – the marketer (comercializador), subject to a licence granted by ASEP.

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Panama City
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Authors



Morgan & Morgan ’s energy practice offers expertise in the full spectrum of projects from permits, development, financing and construction, to their operation. This allows them, when representing lenders, to have a more comprehensive perspective of the type of challenges faced by these projects. Lawyers advise both developers and lenders in all aspects related to the financing of energy projects, including the first post-privatization hydroelectric project to be developed in Panama (2003) and the first wind farm (2014). Expertise also extends to M&A and joint ventures, power purchase agreements, dispute resolution, environmental permits, taxation and regulatory matters.

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