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Ramón Varela

Ramón Varela

Morgan & MorganMMG Tower, 23rd FloorAve Paseo del Mar, Costa del EstePanama CityPanama0832-00232
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National Leader

WWL Ranking: Recommended

WWL says

Ramón Varela is a first-class projects lawyer who stands out for his expert handling of related financings.

Biography

Ramon Varela is a partner in the corporate law department of the firm and heads the energy practice group.

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 on 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, a 223MW run of the river hydroelectric plant, 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 215MW, 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 consists of a 380MW net combined-cycle, gas-fired power plant and an onshore LNG import terminal with a 180,000m³ storage tank, as well as the construction of power evacuation facilities to interconnect the generation plant with the existing electricity transmission network.

His client portfolio includes developers, operators, EPC contractors, investors and government authorities who are actively involved in the energy sector.

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