MERCANT, Juan Manuel
Lawyer
Partner
T (598) 2902 1515 ext. 171
F (598) 2902 5454
 

Juan Manuel graduated from the State University in 1997.

He developed his activities in the Corporate and Banking Group and the Energy and natural resources practice group.

His practice includes legal advice to financial institutions in the area of banking and capital market transactions, to companies that deal with different trades in general and particularly in the power sector. Besides, he is an antitrust expert.

He participated actively in corporate and structured financing under “Project Finance” schemes, both in power and infrastructure matters, including Public and Private Partnerships.

Juan Manuel teaches the graduate course “Renewable Energy Projects” at the Catholic University of Uruguay.

Recently, he acted as leading advisor for several renewable energy and fuel fossil companies (GNL terminal), at different project stages: design, development  (dealings of agreements with authorizing entities including Power Purchase Agreements and Product Sharing Agreements), building and operation (EPC and O&M agreements), farm-in and farm-outs of projects and their financing.

He has lectured several conferences at national and international level, related to energy project finance transactions, corporate and antitrust law; he wrote several articles for national and international publications on these subjects.

He has been recognized by prestigious international publications such as “Chambers & Partners”, “Legal 500”, “IFLR”, “Latin Lawyer” and “Who is Who” for his outstanding performance in the abovementioned areas. “Juan Manuel is praised for his analytical skills and for proposing solutions keeping an eye on the risks involved”.

He is a member of the Uruguay Bar Association and the International Bar Association (IBA) as well as an officer of the IBA Latin American Regional Forum. Juan Manuel is a member of the Energy Committee of the Uruguay-France Chamber of Commerce and of the Uruguayan Association of Wind Power Companies.

He actively participates and collaborates in several pro-bono initiatives related to childhood, education and inclusive education. He is a member of the Board of the Jesuit Foundation.

Representative work

  • Total: International tender for the exploration and exploitation of fossil fuels in offshore and onshore blocks (Uruguay Round II), organized by ANCAP, the Uruguayan autonomous entity engaged in fossil fuels, in addition to farm-in and farm-out agreements.

  • HSBC: Advice in all law-related issues of the Bank in its regular banking service, including corporate and structured financing and all regulatory matters, such as the recent first issue of mortgage notes in Uruguay.

  • GDF Suez – Marubeni. Licensee for the installation and operation of a regasification plant in Uruguay.

  • Grupo Otegui. Design and implementation of Pintado Project (90 MW) at all its stages (Turbine Supply Agreement, EPC and O&M), including the senior financing obtained with EKF, Banco Santander and Banco de la República Oriental del Uruguay and subordinate funding.

  • Deutsche Bank and Intesa. Financing granted to Vientos de Pastorale S.A. (Grupo Cobra and SoWiTec) for U$S 92 million to finance the construction, operation and maintenance of the 52.8 MW wind farm in the Department of Florida, Uruguay.

Publications

Juan Manuel has published several articles in his areas of expertise, including but not limited to:

  1. The trust law.  Analysis of the legal, regulatory and taxation framework of the new legal status (August 2004, Commercial Law Yearbook, Volume 10).

  2. Key concepts to analyze antitrust regulations (July 2005, La Justicia Uruguaya).

  3. The Uruguayan banking industry – 2014.

  4. Uruguay on the borders of the world oil map – 2015 –Ranhem Magazine – Argentina.

Conferences

Juan Manuel has participated as lecturer in various national and international conferences related to his areas of practice, which recently include the following:

  1. Power projects financing – October, 2013.

  2. New Horizons: wind opportunities in Uruguay.  Latin Lawyer.  November, 2013 – Washington.

  3. Power projects Financing – CELADE – April, 2014.

  4. Panel: institutional challenges for competition authorities in Uruguay (September, 2014).

  5. Securities market players (September, 2014 – BCU) –BCU Journals.

  6. PPP – CND – Successful experiences of infrastructure development – December, 2015

 
Professional experience abroad

Pérez Alati, Grondona, Benites, Arnsten & Martínez de Hoz (h) – Buenos Aires, Argentina (January 1999 – June 1999).

Cleary, Gottlieb, Steen & Hamilton, New York, USA (September 2000 – 2001)

Academy of International Law – SMU – (Texas, 1999).

Languages

Spanish, English.