Project Finance
Brazil Guide 2024 : Brazil
Band 3
About
Provided by Lobo de Rizzo Advogados
In 2023, the infrastructure sector in Brazil demonstrated resilience and growth, showing significant recovery and growth after facing challenges in previous years. The government implemented various initiatives aimed at attracting investments and stimulating infrastructure development across the country. Notably, 2023 was a landmark year for the delegation of ports, specifically in port leasing, and for highways, with the concession of numerous segments at both federal and state levels, alongside the development of projects in the sanitation sector.
The Brazilian government continued to prioritize infrastructure development to stimulate economic growth. Various investment initiatives, including public-private partnerships (PPPs) and concessions, were rolled out to attract private sector participation in infrastructure projects.
Some key highlights and trends in the sector during 2023 might include:
· Renewable Energy: particularly in wind and solar power;
· Transportation Infrastructure: significant investments were made in transportation infrastructure, including roads, railways, ports, and airports;
· Urban Infrastructure: with investments in projects such as water supply, sanitation, and urban mobility;
· Environmental Considerations: environmental sustainability and resilience were integral considerations in infrastructure planning and development.
Chambers Review
Lobo de Rizzo is a respected practice that benefits from its expertise in capital markets to advise on concessions and issuance of debentures. The firm is regularly retained by domestic and foreign banks and financial institutions to assist with project finance mandates and the drafting and negotiation of supply agreements. It is also equipped to assist with transport-related project developments, such as roads and ports.
Work Highlights
- Lobo de Rizzo assisted Casa dos Ventos in securing a BRL3.2 billion loan to develop a wind farm in Northeast Brazil.
Strengths
Provided by Chambers
"Lobo de Rizzo know the deals well and help a lot in the relationship with the other agents involved in them. We're very satisfied with their work."
"We really like working this firm. They know how we operate and the fact they pack a lot of experience in project finance and corporate/M&A helps us."
"Lobo de Rizzo's team are really accessible, creative and easy to work with. The lawyers have mastered this subject and offer excellent service."
"Lobo de Rizzo know the deals well and help a lot in the relationship with the other agents involved in them. We're very satisfied with their work."
"We really like working this firm. They know how we operate and the fact they pack a lot of experience in project finance and corporate/M&A helps us."
"Lobo de Rizzo's team are really accessible, creative and easy to work with. The lawyers have mastered this subject and offer excellent service."
Notable Practitioners
Maria Costa Neves Machado joins the rankings after strong endorsement for her work dealing with financial institutions for the public offer of debentures and issuance of bank guarantees.
"It's a huge comfort to have Maria in an operation. She unwinds many knots, plus she's creative and does not give up."
"Maria Machado is technically brilliant, with excellent quality. She doesn't get worked up in stressful situations. She is a hands-on, multitasking lawyer."
"Maria is a highly technical lawyer who's pro-deal, intelligent and able to propose very high-level structures for deals."
Rodnei Iazzetta is an experienced practitioner with excellent knowledge in project development mandates, including concession agreements, regulatory advice, public bids and due diligence.
"Rodnei is a lawyer with excellent technical knowledge who helps us a lot in deals."
"He's courteous, attentive and keen on helping. If for any reason we end up not hiring his firm, he always reaches out and asks us what he can improve to better assist us."
Gustavo Cunha is an up-and-coming lawyer with a solid performance on project finance deals. His clients include major players in the energy sector.
"Gustavo's a very hand-on, proactive practitioner with an incredibly human touch. A very pleasant individual who's also technically unimpeachable."
"Gustavo knows our business and how we like to work, which is very reassuring for us. We've been using his services for many years and feel confident in his work."
"Gustavo knows a lot about this sector and is very pro-deal. We have a lot of deals, but not a lot of time, and he can keep up with our pace."
Ranked Lawyers at
Lobo de Rizzo Advogados
Brazil
Members
Provided by Lobo de Rizzo Advogados
Marcelo Lennertz
Head of Department
Head of Department