Promigas S.A. E.S.P., a leading Colombian natural gas transportation and distribution company, engaged Pérez-Llorca to advise on the negotiation and execution of a Sale Purchase and Assignment Agreement with Zelestra Corporacion, S.A.U. (a subsidiary of the EQT group), pursuant to which Promigas acquires 100% of the shares of the Zelestra group companies owning a regional renewable energy generation platform with assets in Colombia, Chile and Peru, as well as the seller’s full contractual position under the related intragroup credit agreements. The portfolio includes solar energy generation and storage projects with a contracted capacity of 1.4 GW and an additional development pipeline of over 2.1 GW. Closing took place on 27 May 2026, following receipt of merger control clearance in Colombia (SIC) and Peru (Indecopi) and satisfaction of the other customary conditions precedent for this sort of transactions.
Team:
Ana Cristina Jaramillo Cuellar – Lead Partner
José Luis Suarez – M&A Partner
Alejandro Sanabria – Tax Partner
Mauricio Piñeros – Tax Partner
Patricia Arrazola – Energy and Natural Resources Partner
Mauricio Jaramillo – Antitrust Partner
Daniel Londoño – Finance Partner
Catalina Prieto – Finance Senior Associate
Isabella Rivera – Tax Associate
Sara Ferrer – Finance Associate
Nasif Hamed – M&A Partner Spain
Alvaro Rueda – M&A Senior Associate
Tobías Kálnay – M&A Senior Associate Spain
Laura Garcia – Energy and Natural Resources Associate
Juan Manuel Ronderos – M&A Associate
María Alejandra Gómez – M&A Associate