Department profile
Morgan & Morgan

Banking & Finance

Latin America Guide 2026 : Panama


Morgan & Morgan

Rankings

About

Provided by Morgan & Morgan

Recent relevant transactional experience includes among others:

Advising Generadora de Gatun, S.A. and AES Panama in the senior and mezzanine financing, US$ 785,830,000.00 and US$175,000,000.00 respectively, for the development, design, engineer, procurement, construction, commissioning, testing, start-up, operation, and maintenance of an approximately 670-megawatt combined-cycle natural gas-fired power plant. The transaction has won the category “Project Finance: Energy and Natural Resources” of the Latin Lawyer Deal of the Year Awards 2022.

Advising Orla Mining Ltd. and Minera Cerro Quema, S.A. in connection with a secured credit facility for an amount of up to US$150 million.

Advising Banistmo, S.A. with respect to a US$4million Project Finance to Solar Development Panamá, S.A., for the construction, operation, and maintenance of the solar photovoltaic power plant with an installed capacity of 5MW.

Advising lenders in connection with a granted financing for the ongoing construction, operation and maintenance of the Penonome wind power project comprising a 215 MW wind power plant consisting of four wind farms in the Republic of Panama. 

Advising Banistmo Investment Corporation as holder of local collateral of several energy projects and the most recent being the Gas Natural Atlantico, S. de R.L. and Costa Norte LNG Terminal S. de R.L. LNG project locate in the province of Colon, Panama, which is an approximate US$600 million financing.

Clients (15)

  • Banistmo
  • Caterpillar Financial Services Corporation
  • Citibank Panama
  • Corporacion Andina de Fomento (CAF)
  • CIFI
  • Credit Suisse
  • Global Bank Corporation
  • HSBC Bank USA
  • Banco General
  • Banistmo Investment Corporation
  • Citibank
  • Empresa Nacional de Autopista (ENA)
  • Bank of China
  • BBP Bank
  • International Finance Corporation (IFC)

Industries (8)

  • Banks
  • Energy
  • Financial Services
  • Government
  • Mining and Metals
  • Real Estate
  • Transportation
  • Telecommunications

Chambers Review

Provided by Chambers

Banking & Finance - Panama

Band 2

Band 2


What the Team is Known For

Morgan & Morgan's experienced banking and finance practice advises on transactions in both the public and private sectors. The team has extensive experience representing clients from the energy sector, as well as global banks, in project financing matters. The department assists with bilateral and syndicated lending, along with bridge loans. The firm frequently provides counsel on the regulatory aspects of banking transactions.

Work Highlights

Provided by Chambers

  • Morgan & Morgan acted as Panamanian counsel to Generadora de Gatun and its shareholders in the senior and mezzanine financing for the an approximately 670 megawatt combined cycle natural gas-fired power plant.

Strengths

Provided by Chambers

  • Morgan & Morgan's deep knowledge of Panamanian law and strong availability make transactions seamless.

    Banking & Finance respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 2Kharla Aizpurua
    Band 2Kharla Aizpurua

    Kharla Aizpurua

    Distinguished partner Kharla Aizpurua is well versed in bilateral and syndicated lending, as well as bridge loans and project finance mandates in Panama.

    • Kharla Aizpurua is a very methodological lawyer. She is attentive to each detail, has good oratory skills and a great capacity for negotiation, especially with opposing counsels.

      Banking & Finance respondentLatin America
  • Associates to watchMonica Moreno
    Associates to watchMonica Moreno

    Monica Moreno

    Associate-to-watch Monica Moreno continues to enjoy recognition for her project finance support.

    • Monica Moreno is very proactive, capable and smart. She is able to convert the ideas of a non-lawyer into the legal language.

      Banking & Finance respondentLatin America

Ranked Individuals at Morgan & Morgan (2)

Panama

Members

Provided by Morgan & Morgan

Morgan & Morgan has rankings in the following guides

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