Ramón Varela
About
Provided by Ramón Varela
Practice Areas
Ramon Varela is a Partner and heads the Energy and Projects practices of the firm.
He also has a leading role in the Corporate Law practice, counseling clients in matters related to mergers and acquisitions, joint-ventures, securities, corporate governance and regulatory law.
Prior to joining Morgan & Morgan, Mr. Varela served as an associate in the Commercial Law Department of a well-known local firm, reviewing matters related to mergers and acquisitions, project finance, contracts, environmental law and securities.
With almost 20 years’ background in corporate law, including project finance matters, Mr. Varela’s experience includes major areas of infrastructure projects, including transportation, ports and energy. His practice focuses advising clients involved in the generation of energy, including hydro, wind, natural gas and solar projects. He led the Morgan & Morgan team that represented The AES Corporation in the development of the Changuinola I Hydroelectric Project, one of the most important private investments in the country. He also led the Morgan & Morgan team advising a group of lenders in a credit facility of up to US$300 million for the financing of four wind farms, with an aggregate capacity of 215 MW, in Coclé Province; Republic of Panama, expected to be the largest wind farm in Central America. In addition, Mr. Varela is currently advising The AES Corporation in the development of an integrated gas to power facility in the Telfers Islands in the province of Colon, at the North Coast of the Republic of Panama. The project consist of a 380MW net combined cycle gas-fired power plant and an onshore LNG import terminal with an 180,000 m3 storage tank, as well as the construction of power evacuation facilities to interconnect the generation plant with the existing electricity transmission network.
Mr. Varela has also served as speaker at conferences and workshops related to the energy market in the country, to discuss the investment needs of the energy sector and new energy projects in Panama.
His client portfolio includes developers, operators, EPC contractors, investors and government authorities who are actively involved in the energy sector.
Chambers & Partners, IFLR 1000, Legal 500 and Who´s Who Legal have recognized Mr. Varela as a leading lawyer in corporate and M&A, project finance, government contracts, energy and infrastructure.
Mr. Varela obtained a B.A. in 1995 from Georgetown University, Washington, D.C. and a J.D. in 1998 from The George Washington University Law School, Washington, D.C.
Professional Memberships
International Bar Association (IBA).
Articles, highlights and press releases
15 items provided by Morgan & Morgan
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.
Morgan & Morgan Legal advised MMG Bank in a financing to be granted to Daconan Star Solar
Morgan & Morgan Legal advised MMG Bank Corporation in connection with a financing to be granted in favor of Daconan Star Solar, S.A.
Morgan & Morgan Legal advised Banco General and Banistmo in a US$110 million public offering
Morgan & Morgan Legal advised Banco General, S.A., and Banistmo, S.A. in connection with the public offering and issuance by Fountain Hydro Power Corp. of corporate bonds for an amount of up to US$110 million.
Morgan & Morgan Legal advised Seven Seas Water in a US$205 million financing
Morgan & Morgan Legal advised Seven Seas Water and a group of its subsidiaries, in a US$205 million financing, which would be used to refinance a US$163 credit facility obtained by the company.
Morgan & Morgan achieved the highest number of rankings for Panama in Chambers Latin America.
Morgan & Morgan has achieved the highest number of rankings for Panama in Chambers Latin America Guide 2022, the key reference point of Latin American top law firms.
Morgan & Morgan advised Electron Investment, S.A. in a public offering of corporate bonds
Morgan & Morgan represented Panamanian company Electron Investment, S.A. in the public offering of corporate bonds for a sum of up to US$ 205,000,000 (the “Bonds”) in relation to Pando and Monte Lirio, two hydropower generating facilities that it owns and operates.
Panama Seeks to Adopt a Framework Law for Public-Private Partnerships
For the past few decades, Panama has established public-private partnerships (“PPPs”) in projects as diverse as toll roads, water treatment plants, ports, telecommunications networks and the generation and distribution of electricity.
Morgan & Morgan is nominated at the Latin American Energy and Infrastructure Awards
Morgan & Morgan and 3 lawyers of the firm are nominated in the first edition of the Latin American Energy and Infrastructure Awards, an event organized by the Iberian Legal Group and its publication The Latin American Lawyer.
Morgan & Morgan advised IDB Invest in connection with a loan facility to Global Bank Corporation
Morgan & Morgan advised IDB Invest, a worldwide financial institution with presence in Latin America and the Caribbean region, in connection with a loan facility granted to Global Bank Corporation for an amount of up to US$60,000,000.00 (with an option for further supplements).
Morgan & Morgan represented Electron Investment, S.A. in an arbitration process
Morgan & Morgan represented Electron Investment, S.A. in an arbitration process filed by Constructora Seli Panamá, S.A. before the International Chamber of Commerce
Morgan & Morgan advised Engie Solar in the sale of its ownership in PanamaSolar2, S.A.
Morgan & Morgan represented Engie Solar in the sale of its ownership in PanamaSolar2, S.A., to Latin Renewables Infrastructure Funds managed by Real Infrastructure Capital Partners.
Morgan & Morgan advised Thesan with respect to a US$11.5 million project finance
Morgan & Morgan continues to advise Thesan in on-going legal and regulatory matters of this project.
Morgan & Morgan advised Grupo CAABSA in connection with the asset purchase acquisition of Soho Mall
Morgan & Morgan acted as local counsel to Grupo CAABSA, in connection with the asset purchase acquisition of Soho Mall, by a consortium group comprised of Mexican companies, i.e. by Grupo CAABSA and Grupo Citelis. Our team dealt with important challenges in this landmark transaction.
Morgan & Morgan advised in connection with a joint venture of Cafetales and ENESA
Morgan & Morgan advised Cafetales, S.A. (Cafetales) and Energía Natural, S.A. (ENESA), in a joint venture in a special purpose vehicle, Emnadesa Holding, S.A., in favour of which ENESA transferred its ownership interest in Empresa Nacional de Energía, S.A., and Cafetales transferred its ownership in
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement
Morgan & Morgan Legal advised Minera Panama, S.A., in negotiating a Refreshed Concession Agreement with the Government of Panama for the Cobre Panama Project, the largest private investment in the history of Panama.
Morgan & Morgan Legal advised MMG Bank in a financing to be granted to Daconan Star Solar
Morgan & Morgan Legal advised MMG Bank Corporation in connection with a financing to be granted in favor of Daconan Star Solar, S.A.
Morgan & Morgan Legal advised Banco General and Banistmo in a US$110 million public offering
Morgan & Morgan Legal advised Banco General, S.A., and Banistmo, S.A. in connection with the public offering and issuance by Fountain Hydro Power Corp. of corporate bonds for an amount of up to US$110 million.
Morgan & Morgan Legal advised Seven Seas Water in a US$205 million financing
Morgan & Morgan Legal advised Seven Seas Water and a group of its subsidiaries, in a US$205 million financing, which would be used to refinance a US$163 credit facility obtained by the company.
Morgan & Morgan achieved the highest number of rankings for Panama in Chambers Latin America.
Morgan & Morgan has achieved the highest number of rankings for Panama in Chambers Latin America Guide 2022, the key reference point of Latin American top law firms.
Morgan & Morgan advised Electron Investment, S.A. in a public offering of corporate bonds
Morgan & Morgan represented Panamanian company Electron Investment, S.A. in the public offering of corporate bonds for a sum of up to US$ 205,000,000 (the “Bonds”) in relation to Pando and Monte Lirio, two hydropower generating facilities that it owns and operates.
Panama Seeks to Adopt a Framework Law for Public-Private Partnerships
For the past few decades, Panama has established public-private partnerships (“PPPs”) in projects as diverse as toll roads, water treatment plants, ports, telecommunications networks and the generation and distribution of electricity.
Morgan & Morgan is nominated at the Latin American Energy and Infrastructure Awards
Morgan & Morgan and 3 lawyers of the firm are nominated in the first edition of the Latin American Energy and Infrastructure Awards, an event organized by the Iberian Legal Group and its publication The Latin American Lawyer.
Morgan & Morgan advised IDB Invest in connection with a loan facility to Global Bank Corporation
Morgan & Morgan advised IDB Invest, a worldwide financial institution with presence in Latin America and the Caribbean region, in connection with a loan facility granted to Global Bank Corporation for an amount of up to US$60,000,000.00 (with an option for further supplements).
Morgan & Morgan represented Electron Investment, S.A. in an arbitration process
Morgan & Morgan represented Electron Investment, S.A. in an arbitration process filed by Constructora Seli Panamá, S.A. before the International Chamber of Commerce
Morgan & Morgan advised Engie Solar in the sale of its ownership in PanamaSolar2, S.A.
Morgan & Morgan represented Engie Solar in the sale of its ownership in PanamaSolar2, S.A., to Latin Renewables Infrastructure Funds managed by Real Infrastructure Capital Partners.
Morgan & Morgan advised Thesan with respect to a US$11.5 million project finance
Morgan & Morgan continues to advise Thesan in on-going legal and regulatory matters of this project.
Morgan & Morgan advised Grupo CAABSA in connection with the asset purchase acquisition of Soho Mall
Morgan & Morgan acted as local counsel to Grupo CAABSA, in connection with the asset purchase acquisition of Soho Mall, by a consortium group comprised of Mexican companies, i.e. by Grupo CAABSA and Grupo Citelis. Our team dealt with important challenges in this landmark transaction.
Morgan & Morgan advised in connection with a joint venture of Cafetales and ENESA
Morgan & Morgan advised Cafetales, S.A. (Cafetales) and Energía Natural, S.A. (ENESA), in a joint venture in a special purpose vehicle, Emnadesa Holding, S.A., in favour of which ENESA transferred its ownership interest in Empresa Nacional de Energía, S.A., and Cafetales transferred its ownership in
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