Energy

At Hernández & Cía., we have a leading practice in the energy sector, advising national and international companies on the development, financing, acquisition, and operation of projects in electricity, oil, and gas.

Our team combines regulatory knowledge, transactional experience, and a deep understanding of the Peruvian energy market, supporting our clients across all stages of their projects, from initial conception and structuring to construction, operation, and potential expansion.

We advise on the development of greenfield and brownfield projects, as well as operating assets, covering due diligence processes, investment structuring, contract negotiation, and the obtaining of permits and regulatory approvals before authorities such as the Ministry of Energy and Mines, OSINERGMIN, COES, and other relevant entities.

Our practice also integrates corporate, financial, environmental, tax, and dispute resolution aspects, allowing us to provide comprehensive advice on complex transactions in the energy sector.

Power

We have extensive experience advising companies in the power sector on the development, financing and operation of electricity generation, transmission and distribution projects.

Our team actively participates in tenders for electricity concessions and power purchase agreements (PPAs) called by the State, distribution companies and large consumers, as well as in the negotiation of contracts related to the development of energy infrastructure.

We advise our clients throughout all stages of the lifecycle of power projects:

• Structuring and acquisition of generation and transmission projects
• Negotiation of EPC, BOOT, O&M and other construction and operation contracts
• Obtaining licenses, authorizations and regulatory permits
• Financing of power projects through project finance structures, corporate loans and debt issuances
• Regulatory compliance before sector authorities and electricity system operators

We also advise on initiatives related to renewable energy, energy efficiency and the energy transition, supporting the development of projects aimed at reducing emissions and decarbonizing the energy matrix.

Oil & Gas

Our Oil and Gas practice provides specialized advice across all stages of the hydrocarbons industry, including upstream, midstream, and downstream activities.

Our team has extensive experience in the legislation and regulatory framework applicable to the sector, as well as in the negotiation of License and Service Agreements, Joint Operating Agreements (JOAs), Production Disposition (Lifting) Agreements, Gas Supply and Transportation Agreements, Reception, Storage and Dispatch Agreements, and other contracts related to direct investments and partnerships in hydrocarbons projects.

Additionally, our team has broad experience in the planning, strategy, and execution of the various environmental permits required in the hydrocarbons sector, including Environmental Impact Assessments, Remediation Plans, and Abandonment Plans.

We advise our clients on:

• Negotiation and structuring of contracts for exploration and production projects
• Participation in Perupetro bidding processes
• Obtaining permits, authorizations and regulatory approvals
• Legal due diligence on hydrocarbons operations and assets
• Advice on tax, environmental and labor matters within the sector
• Representation in administrative proceedings, sanctioning procedures and arbitrations related to hydrocarbons projects

Our practice also incorporates strategic advice related to the evolution of the energy sector, including initiatives linked to decarbonization, the energy transition and carbon markets.