Muñoz Tamayo & Asociados | Abogados

Privatizations

Santander Investment 2004- 2006	The firm was the legal advisor of this investment bank, contracted by National Government for the sale of its participation in ECOGAS, which concluded with the sale of the assets, rights and contracts of the company to the Empresa de Energía de Bogotá S.A. ESP. The transaction, which added up to a total of US$1.426’082.000,oo, has been the largest privatization in Colombia to date.
Digicel Group 2006	The firm acted as legal counsel to Digicel Group during the due diligence and in the review and drafting of the legal documentation required for the participation of the company in the strategic partner selection process for the mobile phone corporation Colombia Móvil S.A. (OLA).
Promesa de Sociedad Futura El Dorado Nuevo Milenio 2005-2006	The firmed advised a private investment group integrated by Houston Airport System Development Corporation, Siemens Project Ventures, Constructora Colpatria S.A., MHC Ingeniería and Construcción de Obras Civiles, Dorsh Consult Aerports and Airis Internacional Holdings, LLC, in the preparation and filing of the proposal for the Concession for the administration, operation, commercial exploitation, maintenance, modernization and expansion of the El Dorado International Airport in Bogotá.
Inverlink 2003-2004	The firm was the legal advisor of this investment bank, contracted by National Government for the sale of its shares in Bancafé.
CS First Boston - Inverlink 1999 - 2001	The firm has been acting as counsel to these investment banks, which have been retained by the Colombian government to undertake the privatization of Isagen S.A. ESP, a government owned electrical generating company with an installed capacity of 1.793 MW.
CS First Boston - Inverlink 1997-1998	The firm acted as counsel to these investment banks, which were retained by the Colombian government to undertake the capitalization and privatization of Corporación Eléctrica de la Costa Atlántica - Corelca and nine (9) electricity distribution companies, which cover the Colombian Atlantic Coast. As a result of this project, the energy distribution assets of four (4) of the distribution companies were transferred to Electrificadora del Caribe S.A. ESP, whose control was sold to a joint venture formed by Houston Industries and Electricidad de Caracas. Value: US$616’985.910,oo.
CS First Boston - Inverlink 1997-1998	The firm acted as counsel to this investment banks, which were retained by the Colombian government to undertake the privatization of Corporación Eléctrica de la Costa Atlántica - Corelca and nine (9) electricity distribution companies, which cover the Colombian Atlantic Coast. As a result of this project, the energy distribution assets of four (4) of the distribution companies were transferred to Electrificadora de la Costa S.A. ESP, whose control was sold to a joint venture formed by Houston Industries and Electricidad de Caracas. Value: US$432'309.855,oo.
CS First Boston - Inverlink 1997-1998	The firm acted as counsel to these investment banks, which were retained by the Colombian government to undertake the privatization of Corporación Eléctrica de la Costa Atlántica - Corelca. As a result of this project, the energy transmission assets of this company were transferred to Transelca S.A. ESP, whose control was sold to Interconexión Eléctrica S.A. - ISA. Value: US$185'747.790,oo.
Citibank - Inverlink 1997	The firm acted as counsel to this investment banking joint venture, which was retained by the Departament of Antioquia to privatize the state telecommunications company Edatel S.A. ESP. Value: US$47’150.000,oo
First Boston -Schroders - Inverlink 1996	The firm acted as counsel to this investment banking consortium, which was retained by the national government to undertake the largest privatization in Colombian history. This project consisted in the sale of a substantial package of assets of the electrical sector, which included four plants -two hydro and five thermal generation projects- and result in the transfer of 1.840 MW to the private sector. Each transaction is detailed hereafter.
First Boston -Schroders - Inverlink 1996	The firm acted as counsel to this investment banking consortium in the privatization of the Isagen S.A. ESP owned Central Hidroeléctrica de Chivor, which was acquired by Chilgener in a transaction that amounted to US$ 645'000.000.oo
First Boston -Schroders - Inverlink 1996	The firm acted as counsel to this investment banking consortium in the privatization of Central Hidroeléctrica de Betania S.A. ESP, which was purchased by a consortium led by Endesa-Chile and Corporación Financiera del Valle from Colombia. Value: US$495'000.000.
First Boston -Schroders - Inverlink 1996	The firm acted as counsel to this investment banking consortium in the sale of a fifty six percent (56%) stock ownership package of Central Termoeléctrica de Tasajero to a group of Colombian private investors. Value: US$ 17'000.000.
First Boston -Schroders - Inverlink 1996	The firm acted as counsel to this investment banking consortium in the sale of Central Termoeléctrica de Cartagena to a group formed by Colombian private investors and Electricidad de Caracas C.A. - EDC. Value: US$15'000.000.
Odebrecht - ABB 1995 -1997	The firm acted as counsel in the structuring of the 375 MW Hidromiel power project, which is the first hydroelectric plant to be undertaken with private sector participation in Colombia. In such capacity, we have assisted our clients in the bidding process, in the negotiation of the Power Purchase Agreement, the Shareholders Agreement and the Trust Indenture Agreement.
Ecopetrol - Inverlink 1996	The firm acted as counsel for the privatization of Ecopetrol's stock ownership in Promigas S.A., which was purchased by Enron Corporation in an amount in excess of US $ 100 million. Go to the top