Brochure Projects

Infrastructure & Projects

Our multidisciplinary and cross sector practice area

April 2017 Contents

3 Introduction

4 About us

8 Contacts

11 Experience

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Introduction About us effective andhighqualitylegalservice. commitment withourclientstoprovide Our philosophyinvolvesthe solutions toourclients’needs. legal adviceofferinginnovative professionals providecomprehensive Our specializedanddedicatedgroupof providing integrallegaladvice. more than80yearsofexperience important lawfirmsinPeruwith CMS Grauisoneofthemost CMS Grau outward-looking andmodernfirm. Grau Abogadosisbecomingatruly perhaps mostconvincing-indicationthat international firmCMSisthelatest–and A mergeratthestartof2017with Latin Lawyer2017 About us Infrastructure & Projects

CMS GRAU has a solid, multidisciplinary and dedicated team with broad experience providing specialized advice in private and public projects among all sectors. Our ﬁrm has been working with national and foreign investors in the development, execution, ﬁnancing and operation for important investment projects in public infrastructure, public services and related complementary services. Our practice area has also experience advising public entities and the Peruvian government.

The lawyers are very committed to collaborating with clients and have deep knowledge of the sector. They are always very communicative, available and supportive. Co-head of department Michelle Barclay Thorne comes highly recommended by clients, who state: "She is a very professional and committed lawyer, with a good ability to ﬁnd diverse options to solve any legal issues quickly.”

Sources enthuse that practice co-head Giancarlo Villafranqui "is a dedicated lawyer with ample experience." They add: "He is very knowledgeable about concessions matters and is very experienced in infrastructure projects."

Chambers Latin America 2017

5 About us Our team offers an integral and specialized service that meets our clients needs

— Design, basis evaluation, development and execution of Non Solicited Proposals. — Advice in public tenders and biddings of Private Public Partnerships (PPP) or Projects over Assets. — Advice in the development and execution of PPPs and Projects over Assets. — Permanent advice in all aspects related to projects of public investment and PPPs. — Advice in the development and execution of Public Works for Tax Deductions. — Advice in all types of public procurement matters. — Legal opinions related to PPPs, Projects over Assets, Public Works for Tax Deductions, among others. — Advice in M&A transactions related to infrastructure projects and/or assets related to projects. — Design of corporate structures for investment and/or participation in PPPs and/or infrastructure projects in general.

Our experience covers all sectors

Transport Infrastructure Ports Highways Trains Subway Airports Tunnels Bridge

Urban Infrastructure Social Infrastructure Parking Public Housing Convention center Schools Markets Hospitals Retail Sports Parks Sanitation

Natural Resources Mining Energy Environmental

6 | CMS Grau About us

Our commitment with our clients Our commitment with the sector

Our efforts are focused towards our clients’ Understanding the importance of alliances between projects and needs. public and private sectors in order to reduce the infrastructure gap in our country, we provide Our experience allows us to advice our clients in advice and recommendations for the development all stages of their projects, including of infrastructure legal regulations. This implementing the same, setting up finance commitment is also reflected in our constant advice structures, leading negotiations with all parties to public entities in order to develop and release involved and providing assistance in all sectors projects. and practices. Our firm is actively involved in the National We accompany our clients with a transversal Infrastructure Association (AFIN). This entity legal team which includes our corporate, finance, promotes the development of the sector and tax, regulatory, real estate, litigation and public constantly works on proposals for the improvement law practice areas, among others. of the development of infrastructure projects. Our team members are regular speakers at local and international events in order to identify opportunities and promote investment.

The lawyers are very committed to collaborating with clients and have deep knowledge of the sector. They are always very communicative, available and supportive . Chambers Latin America 2017

7 Contacts Our dedicated senior team

Michelle Barclay Partner | Co-head

T +51 1 513 9430 E [email protected]

With an international career experience and a multi-disciplinary specialization, Michelle is co – head of the Infrastructure team. As corporate lawyer specialized in mergers & acquisitions, projects, public-private- partnerships (PPPs), infrastructure and corporate reorganisation, she has advised clients on PPPs, investment projects related to public assets, and state-investor matters and negotiations, in a range of sectors. Michelle has signiﬁcant experience in contract negotiations and state-investor relationships. She worked at Skadden, Arps, Slate, Meagher and Flom LLP (NYC Ofﬁce) as permanent associate. She holds a Law Degree from Univesidad de Lima - Peru and Master’s Degree (LL.M.) from New York University and is admitted to practice in New York.

Co-head of department Michelle Barclay Thorne comes highly recommended by clients, who state: "She is a very professional and committed lawyer, with a good ability to ﬁnd diverse options to solve any legal issues quickly." Chambers Latin America 2017- Projects

Giancarlo Villafranqui Partner | Co-head

T +51 1 513 9430 E [email protected]

With a multi-disciplinary career experience result of working in the public and private sectors, Giancarlo is co – head of the Infrastructure team. Giancarlo has more than 10 years’ experience of working on infrastructure projects in Peru. He is an expert in designing investment and PPP projects, developing and negotiating all documents in the process, and developing the legal proceedings for public and private initiatives and PPPs. Giancarlo led the technical, ﬁnancial and legal teams as Project Manager at the Peruvian Private Investment Promotion Agency (PROINVERSION) from 2011. He holds a Law Degree from Pontiﬁcia Universidad Católica del Peru; a Master’s Degree in Business Administration (MBA) from Escuela de Alta Dirección y Administración (EADA) in Barcelona, Spain, and completed postgraduate studies in Finance and Corporate Law at Universidad ESAN, Peru.

8 | CMS Grau procurement andotherserviceswithcontractors. obligations includedinconcessionagreements regarding publicservices,infrastructure, public Nestor hasexperienceadvisingclientsintheplanning,alignmentandcomplianceofcontract levels, publicinvestmentprojects, PublicWorks forTax Deductions,biddingsandpublictenders. Nestor advicesclientsinthedesignanddevelopmentofprivateinitiativesamongallgovernment projects andpublicservices, PPP, PrivateInitiativesandRegulatory PublicProcurement. Specialized inPubliclaw, concessions,promotion ofprivateinvestmentinpublicinfrastructure E [email protected] T +5115139430 Senior Associate Néstor Shimabukuro experience advisingtheEstateforaward ofinfrastructure projects. Shealsohas levels(National,RegionalandLocalGovernments). among allgovernment development ofpublicinfrastructure projects andpublic servicesunderPPPandPrivateInitiatives and M&Aﬁnance.Ursulahasexperienceproviding comprehensive adviceinthe Specialized inPPP, concessions,promotion anddevelopmentofinvestmentprojects, corporate E [email protected] T +5115139430 Senior Associate Úrsula Cedrón on manydifferentissues,(…)’. at Grau Abogados ‘worksefﬁciently The projectsandinfrastructureteam Legal 5002016 9

Contacts Contacts stages oftheprojectinordertofulfillallourclients’needs. We accompanyourclientswithatransversallegalapproachinall Our crossexpertiseinprojects E [email protected] T +5115139430 Partner |Environmental Law VernaVito E [email protected] T +5115139430 Partner |Tax Rolando Cevasco E [email protected] T +5115139430 Partner |NaturalResources -Mining Cecilia Gonzales E [email protected] T +5115139430 Partner |NaturalResources -Energy Carlos Hamann E [email protected] T +5115139430 Partner |CorporateandM&A Juan CarlosEscudero E [email protected] T +5115139430 Partner |UrbanRealEstate Carolina Gajate E [email protected] T +5115139430 Partner |RealEstate Raúl Ravina E [email protected] T +5115139430 Senior Associate|BankingandFinance Miguel Viale E [email protected] T +5115139430 Partner |DisputeResolution Vanessa Cisneros E [email protected] T +5115139430 Counsel |PublicandAdministrativeLaw Ramón Huapaya Experience Experience Our recentexperience — — — — services withhighstandards. educational infrastructure and thecomplementary performance students.Theproject includes to provide regular basicpubliceducationtohigh Spanish Investorinaco-financedunsolicitedproposal Huancavelica, CuscoandAyacucho –Advising schools (COAR)intheregions ofJunín,Pasco, school managementfornewhigh-performance contribution andcomplementaryservicestothe Co-financed UnsolicitedPPPforinfrastructure 14 publicschoolslocatedinLima. replace educationalinfrastructure andequipmentof Investor inaco-financedunsolicitedproposal to Risk inMetropolitan Lima–AdvisingSpanish of newEducationalInfrastructure forSchoolsat Co-financed UnsolicitedPPPfortheconstruction Port Terminal Project. companies inSpain,andPROINVERSIONSalaverry Acciona IngenieríaPeru,oneofthemainengineering multipurpose portinfrastructure -Advising Unsolicited PPPforthedevelopmentof transportation projects inLima:LimaMetro’s Line2. way ofaPPPinvolvingonethemainpublic structuring Transit OrientedDevelopment(TOD)by Advice toWorld Bank–PROINVERSIÓN-In — — — government. of themostimportantprojects forthecurrent technical studiesandexecutionofworks.Thisisone project suchasschedulesfor thepreparation of project. Thissituationimpacts otheraspectsofthe modification ofonetheconcession areas inthe toincorporatea Regarding legalalternatives Communications inLimaMetro Line2Project - Advice totheMinistryofTransport and Railway. rolling stockfortheHuancayo–Huancavelica execution ofrehabilitation worksandprovision of (design, finance,build,operateandtransfer)forthe Railway -Theproject comprisesaDBFOscheme Co-financed PPPHuancayo-Huancavelica of influence. south ofthecountry,withimportantcitiesinitsarea infrastructure project thatrunsthrough 970kminthe Project, Section4.Thisisamajorpublicroad construction group inLongitudinaldelaSierraRoad project, Section4-Advisinganinternational Co-financed PPPLongitudinaloftheSierraroad e en c xp er i E

— Self-Sustaining PPP Operation and Maintenance — Social housing project - Advice to Peruvian investor of the Lima Convention Centre – This is a in the design and development of unsolicited significant urban public infrastructure project proposal over assets for the construction of social involving the operation and maintenance, following focused housing. international standards, of the recently built Lima Convention Centre, one of the main infrastructure to — Co-financed Unsolicited PPP for Hospital – Advice hold events in the region. to an international investor in the design and development of the unsolicited proposal for the — Co-financed PPP Paita Port Terminal – Advice to improvement and operation of a hospital II-1 in one awarded consortium during the investment of the main regions of Peru. promotion process of the port project. — Self-sustaining Unsolicited PPP for underground — Co-financed PPP Second Group of Regional parking – Advice to concessionary company in the Airports of the Republic of Peru – Advice on the design and development of the project, including the investment promotion process of six (06) regional negotiation of the contract and the financing of the airports involving an investment of more than US$ project. This was the first PPP executed by a local 200 Million. government.

— Co-financed PPP Longitudinal of the Sierra road — Unsolicited PPP for the development of Port project, Section 2 - Legal advice to one of the Infrastructure - Advising international investor in bidding companies for the project, which the design and development of the proposal for the contemplates the performance of improvement and construction and operation of a national port rehabilitation of works, regular initial maintenance terminal. Mexico City and subsequent maintenance and operation, in order Mexico City to keep the road under established service levels. This — Unsolicited PPP for the development of urban project involved a referential investment amount of tunnel – Advising international investor in the design US$ 552 Million. and development of the proposal for the construction and operation of an intercity tunnel infrastructure. — Concession of sustainableAb urbanerdeen infrastructure – Taboada’s wastewaterGlasgow treatmentEdinburgh plant - Legal — Unsolicited PPP for the development of urbanMosc ow advice to the company for the construction of the underground parking in Lima – Advising first and second phase of the wastewater treatment international investor in the design and development Hamburg plant which involved a referential investmentAmsterdam amount of the proposal for the construction and operation of Berlin Warsaw of PEN 834 Million. London Utrecht Duesseldorf Leipzigan underground parking in one of the most Bristol Antwerp Cologne important districts in Lima. Kyiv Brussels Frankfurt Prague Luxembourg Vienna Paris Stuttgart Strasbourg Munich Bratislava Zurich Budapest Geneva Lyon Ljubljana Zagreb Milan Belgrade Bucharest Sarajevo Sofia Rome Podgorica Barcelona Tirana Istanbul Madrid

Lisbon Medellín SevBilloegotá Algiers

Casablanca

Lima Glasgow Glasgow

Bristol Our ﬁrm worldwide

Aberdeen

Glasgow Edinburgh Moscow

Lisbon Lisbon Hamburg Amsterdam Seville Berlin Warsaw London Utrecht Duesseldorf Leipzig Bristol Antwerp Cologne Kyiv Brussels Frankfurt Prague Casablanca Luxembourg Casablanca Vienna Paris Stuttgart Strasbourg Munich Bratislava Zurich Budapest Geneva Lyon Ljubljana Zagreb Milan Belgrade Bucharest Sarajevo Soﬁa Rome Podgorica Barcelona Tirana Istanbul Madrid

Lisbon Seville Algiers Tehran

Casablanca

Medellín Medellín Bogotá Bogotá Dubai

Muscat Mexico City

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Dubai Lima Muscat Hong Kong Santiago dSea nCthiialgeo de Chile GlasgEodwinburghEdinburgh Moscow Moscow

Hamburg Hamburg AmsterdaAmmsterdam Berlin Berlin Utrecht Warsaw Warsaw London ULtorencdhotn DuesseldoDrfuessLeledipozrifg Leipzig Bristol Antwerp Antwerp Cologne Cologne Recognitions Brussels Kyiv Kyiv Brussels Frankfurt FranPkrfaugrut e Prague LuxembourLugxembourg Vienna Vienna Paris Paris Stuttgart Stuttgart RecognitionsMuBnricahtislavaBratislava StrasbourgStrasboMurugnich Zurich Zurich Budapest Budapest Geneva Geneva Ljubljana Zagreb Lyon Lyon Ljubljana Zagreb Milan Milan Belgrade Belgrade BucharestBucharest Aberdeen Sarajevo Sarajevo Glasgow Edinburgh Sofia Sofia EachRo myeare Ro mCMSe Podgori cGrauaPodgoric ais listed on different international publications BarcelonaBarcelona Tirana Tirana Istanbul Istanbul Madrid Madrid as leading law firm in several practice areas and our lawyers are Hamburg Amsterdam Berlin Warsaw recognized as leaders in their fields of expertise. London Utrecht Duesseldorf Leipzig Seville Bristol Antwerp Cologne Algiers Algiers Tehran TBrehurassnels Frankfurt Prague Luxembourg Vienna Paris Stuttgart Casablanca Strasbourg Munich Bratislava Zurich Budapest Geneva Lyon Ljubljana Zagreb Milan Belgrade Sarajevo

Podgorica Dubai Dubai Rome Barcelona Tirana Madrid Muscat Muscat Lisbon Beijing Seville Algiers

Casablanca

Shanghai

Where to ﬁnd us Hong Kong

CMS Grau @cms_law_peru Av. Santa María 110 – 130 Miraﬂores (L18) CMS Grau Lima, Perú

T +51 1 513 9430 cms.law

15 Moscow

Beijing Beijing

Kyiv

Shanghai Shanghai

Belgrade Bucharest

Soﬁa

Istanbul Hong KonHgong Kong

Tehran

Dubai

Muscat

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