The Costa Rican Institute of Electricity (ICE) has announced that in March 2025, it will launch a new call to incorporate 100 megawatts of private solar generation into the national electricity system. This initiative aims to strengthen the energy matrix and advance decarbonization and sustainability goals. The call will be exclusively open to solar projects…
Category Archives: Energy & Infrastructure
Guatemala is preparing to launch the upcoming PEG-5 bidding process, designed to add over 1,000 MW of installed capacity, with a strong focus on renewable technologies such as solar, wind, hydroelectric, and geothermal energy. This process, set to be announced soon, will include 15-year contracts for new power plants and 5-year contracts for existing facilities,…
The Superintendency of Public-Private Partnerships (SAPP) has officially approved the Sanctions Regulation, marking a significant step in regulating and overseeing Public-Private Partnerships (PPPs) in Honduras. Key highlights of the new regulation: Categorizes violations as minor, serious, and very serious. Establishes proportional financial penalties ranging from $1,500 to $25,000, depending on the type and severity of…
October 10, Central America. BLP was honored as the LatinFinance winner of its 2024 Project & Infrastructure Finance Awards, where our representation on behalf of our client, EnfraGen, won the awards of Infrastructure Law Firm of the Year: Central America and Renewable Energy Financing of the Year. Our counsel played a pivotal role in this…
BLP highlights its leading role in structuring the historic agreement for the protection of the source of this vital river. Guatemala, September 25, 2023. Several government and international cooperation institutions, together with private companies and fundamental support from BLP, joined in an unprecedented effort for the protection and recovery of the Motagua River Basin. The…
Three years after the peak of Work from Home and the investments in technological capital made by companies, we are facing a new panorama with the gradual return to face-to-face work. This return has implied a change in the needs and expectations of workers. Now they are looking for office space with adjustability terms of…
We are thrilled to announce the incorporation of esteemed legal professional Jorge Arenales as a new partner. With a remarkable background in corporate and finance matters, Arenales brings a wealth of experience and an outstanding reputation to our firm. Arenales has demonstrated his exceptional legal skills throughout his career. Prior to joining BLP, he served…
Recently, the Regulation regarding the marketing in the Union market and the export from the Union of certain raw materials and products associated with deforestation and forest degradation was approved. This regulation would prohibit the entry into the European Union of certain agricultural products that have caused deforestation in their country of origin. Latin American…
Celsia, through its companies in Central America, reached an agreement with Fontus Spain (a subsidiary of EnfraGen) for the sale of some of its generation assets in Panama and Costa Rica, such as: Dos Mares hydroelectric complex in Chiriquí (Panama), with a capacity of 118 MW. Solar farms: Divisa (9.8 MW) and Celsolar (9.7 MW)…
On August 9, 2022, the Congress of the Republic of Guatemala approved Decree 40-2022, which contains the Law on Incentives for Electric Mobility offering tax inducements on the importation, sale, and use of electric vehicles or those that run on hydrogen, as well as hybrid cars. Tax benefits include exemption from the Value Added Tax…

