Transactions
We have advised on complex and high-impact transactions in Colombia and across the region, spanning multiple sectors
Advised Climate Fund Managers and Erco on the sale of a solar photovoltaic project (26.7 MWp)
Confidential
2026
Advised the shareholders of Tecnova (Bosch Ecuador) on the sale of the company to Conauto
USD 40 million
2026
Advised on the sale of Zaino solar PSF (12.6 MWp)
Confidential
2025
Financial modeling for the analysis of solar photovoltaic projects
Undisclosed
2024
Advised on the sale of the of the Quinchía Small Hydroelectric Power Plant (SHP) (2.5 MWp)
Confidential
2024
Financial modeling for the analysis of solar photovoltaic projects
Undisclosed
2024
Structuring and financing of the winning consortium of the UPME-STR-03-2019 110 kV transmission project
USD 34 million
2022
Provided Expert Advisory to the Ministry of Transport within the framework of Law 80, carrying out the technical calculation of the maximum months pending for the execution of the RUNT contract.
Undisclosed
2022
Advised Telefónica to give the financial concept with respect to the Nation's demand for the extension of cellular telephony in 1997
Undisclosed
2021
Advised on the sale of a 20% stake in the UPME-STR-02-2019 transmission project
Undisclosed
2021
Advised the National Government, through the FDN, for the achievement of a strategic partner for Electricaribe
Undisclosed
2020
Advised the shareholders of Semana Magazine on the sale of a shareholding
Undisclosed
2019
Advised on the sale of Naunet to SAUR / Gesatgua
Confidential
2019
Advised on the sale of the company
USD 42 million
2016
Acquisition of Biomax S.A
USD 155 million
2013
Secured bank financing for the acquisition of Biomax S.A
Confidential
2013
Advised on the sale of a 46.4% stake to Duratex
USD 83 million
2012
Fairness Opinion on the exchange ratio of the merger between Telecom and Telefónica Colombia
USD 1 billion
2012
Advised on the acquisition of Arseg, Clasi and PASS
USD 59 million
2011
Securing bank financing for the acquisition of Arseg, Clasi and PASS
USD 33 million
2011
Fairness Opinion on the exchange ratio of the merger between Grupo Aval and Banco Popular
USD 1.620 million
2011
Advised on the sale of Proquimsa S.A
Confidential
2011
Project Finance structuring for a 100 MW plant in Chile
USD 10 million
2010
Business collaboration contract through which Almacenes Éxito took control of CAFAM Supermarkets
Undisclosed
2010
Project finance for a 160-room hotel HOTEL WAYA GUAJIRA
USD 10 million
2010
Advised on the sale of the majority stake in Gas Comprimido del Perú
USD 59 million
2011
Advised on the merger between Colversions, Meriléctrica, Hidromontañitas and Genera
USD 1.4 billion
2011
Valuation of EPSA and CETSA for the purposes of the subsequent takeover bid for Unión Fenosa
USD 1.1 billion
2009
Advised on the merger between Gas Natural del Centro, Gas de Risaralda and Gases del Quindío
USD 148 million
2009
Merger between Casa de Bolsa Corficolombiana, Valores de Occidente, Valores Popular and Valores Bogotá
USD 16 million
2009
Advised on the merger of the Terpel Organization with Terpel Antioquia, Terpel Norte, Terpel Sur, Terpel Bucaramanga and Terpel Occidente
USD 1.1 billion
2009
Advised on the privatization of the shareholding of the Nation and the Capital District
USD 160 million
2008
Advised on the merger between Sociedad de Inversiones en Energía (SIE) and Gazel
USD 1.1 billion
2008
Valuation to determine the share price for delisting from the Colombian Stock Exchange
USD 1.2 billion
2007
Acquisition of a shareholding by Gerdau in the Ordinary Stock Exchange
Confidential
2007
Advised on the acquisition of Accel's gas stations in Panama
USD 50 million
2007
Advised on the acquisition of 21% and control in Éxito S.A. shares through a public tender offer
Confidential
2007
Advised on the privatization of Granabanco (formerly Bancafé)
USD 1.1 million
2007
Advised on the acquisition of Texaco's gas stations in Ecuador
USD 19 million
2006
Acquisition of Carulla by Almacenes Éxito S.A.
USD 700 million
2006
Advised on the sale of Ferrocarriles del Norte de Colombia S.A. FENOCO
USD 92.5 million
2006
Fairness Opinion on the exchange ratio of the merger between Corfinsura, Conavi and Bancolombia
USD 2.5 billion
2005
Barranquilla's Triple-A valuation for Tecvasa
Undisclosed
2005
Advising bondholders on Transtel's debt restructuring
USD 320 million
2004
