Mayer Brown and Tauil & Chequer (T&C) in association with Mayer Brown advised Grupo Energía Bogotá, a leading Latin American energy infrastructure company, in connection with its agreement with La Caisse to establish a jointly controlled power transmission platform in Brazil.
Under the transaction, the parties will combine their respective transmission assets in Brazil under Verene Energia S.A. (Verene). The platform will comprise 26 electric transmission concession agreements, more than 9,000 km of transmission lines, and over 400 employees, with operations spanning 17 Brazilian states. Upon completion, Verene is expected to rank among the largest power transmission companies in Brazil.
The Mayer Brown and T&C Global Energy team was led by partners Bruno Salzano and Diego Miguita, and included: partner Débora Yanasse and associates Luisa Tortolano Barreto, Anna Marques and Carolina Nunes. The team was based in the firm's São Paulo and Rio de Janeiro offices.