Department profile
BLP

Projects

Latin America Guide 2026 : Costa Rica

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About

Provided by BLP

The Projects practice at BLP has been involved in all of the largest infrastructure projects in Costa Rica. 

Our experience includes the representation of sponsors, lenders, commercial banks, multilateral and development banks, contractors, investors and operators in energy projects ( hydro, wind, geothermal and solar facilities and pipelines) transportation projects (airport, toll road and ports concessions) that used several project finance techniques.     

BLP experience in renewable energy projects is unmatchable in the region having advised the lenders in the biggest hydro facility in Central America and in the latest BOT and four wind farms awarded by the Costa Rican Electricity Institute. In addition BLP has advised the developer of the latest Costa Rican Electricity Institute BOO wind project in all stages of such project.

Regarding energy, our experience covers the full range of development and energy law issues, development site due diligence and acquisition, power purchase agreement negotiations, transmission line and right of way negotiations, environmental, community relations, taxation, financing, construction of and general regulatory aspects.

Industries (13)

  • Banks
  • Charities / Not for Profit
  • Construction & Materials
  • Energy
  • Financial Services
  • Food & Drink Producers
  • Government
  • Insurance
  • Real Estate Finance
  • Real Estate
  • Telecommunications
  • Transportation
  • Utilities

Chambers Review

Provided by Chambers

Projects - Costa Rica

Band 1

What the Team is Known For

Regional heavyweight BLP fields a market-leading projects practice in Costa Rica. The experienced team handles a range of issues for sophisticated international and local investors and sponsors, and boasts expertise in the financing of large-scale infrastructure projects under PPP guidelines that includes in-depth knowledge of securities deals and syndicated lending. The Costa Rican practice group enjoys a strong reputation in the energy sector for developing green energy projects, such as solar photovoltaic power plants, as well as for advising on project acquisitions.

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Work Highlights

Provided by Chambers

  • BLP advised BME Energy and its subsidiaries on the acquisition of the Valle Escondido solar farm project, as well as on the renegotiation of the project’s PPA and the subsequent agreement for its sale to Coopeguanacaste.

Strengths

Provided by Chambers

  • BLP stand out in the industry for their deep knowledge, business acumen and extensive experience in energy projects.

    Projects respondentLatin America

  • BLP houses a knowledgeable multidisciplinary team with expertise in different areas.

    Projects respondentLatin America

Notable Practitioners

Provided by Chambers

  • Luis Manuel Castro
    Luis Manuel Castro

    Luis Manuel Castro

    Respected practitioner Luis Manuel Castro garners recognition from market commentators for his notable work within the Costa Rican projects arena. Informed by a strong corporate practice, he is experienced representing clientele from the infrastructure, banking and finance, and energy sectors.

    • Luis Manuel Castro is our lead commercial legal adviser for our projects in Costa Rica.

      Projects respondentLatin America
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  • Luis Ortiz
    Luis Ortiz

    Luis Ortiz

    Co-head of department Luis Ortiz continues to be highly endorsed by interviewees for his activity in the Costa Rican projects field. He is renowned for his work advising on regulatory project issues.

    • Luis Ortiz has excellent knowledge of the infrastructure and concessions sector.

      Projects respondentLatin America
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Ranked Individuals at BLP (2)

Costa Rica

Members

Provided by BLP

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