As Domestic Transactions Stall, Dealmakers Look to LatAm Energy Market for a Charge
Financial transactions attorney Lara Rios was cited in a Daily Business Review article about how political and economic shifts in Latin America are impacting deal flow in the energy sector. South America and the Caribbean have begun to embrace clean energy efforts following inflation and rising oil prices because of the war in Ukraine and Organization of the Petroleum Exporting Countries (OPEC) supply shortages. Ms. Rios, who focuses on renewable energy transactions, commented on how international investors are approaching opportunities in the region, adding that a rising sentiment against environmental, social and governance (ESG) factors seen in the U.S. has not yet taken hold in Latin America.
“When you look historically at the region, multilateral banks have long been a partner to the region and they bring with them a commitment and requirement of their counterparties to comply with very robust ESG standards,” she said.
READ: As Domestic Transactions Stall, Dealmakers Look to LatAm Energy Market for a Charge (Subscription required)