Partner of Demarest’s Mergers and Acquisitions area, Andoni Hernández is qualified to practice law in Brazil (Brazilian Bar Association) and in Spain (Bar Association of Madrid). He holds a master’s degree (LLM) in Corporate Counseling from Universidad Francisco de Vitoria (Spain) and a Bachelor’s Degree in Law from Universidad Complutense de Madrid (UCM) and from UFRJ (Brazil). He has extensive experience in commercial advising, drafting and executing investment and divestment operations in the private sector, contracts with the public sector and complex construction contracts. He is also an expert in matters of corporate governance, as well as in defense of the rights of partners and stockholders. Andoni has worked in New York, where he has advised on investments in foreign companies in Spain and Spanish companies abroad, involving active representation in the energy, real estate, hotel and hospitality, insurance, industrial and financial sectors. He acts regularly as a representative of clients in Latin American operations in the areas of mergers and acquisitions, partnership agreements, restructurings, financing, debt and capital, privatizations and infrastructure. Andoni is recommended in major legal publications such as Chambers Global, Chambers Latin America, The Legal 500 Latin America, Latin Lawyer and IFLR in Corporate Law and M&A (Spain, Brazil and Latin America-Wide), Project Finance and Banking.
Andoni Hernandez Bengoa
10/11/2020Energy Newsletter No. 34 – November 2020
Advises a variety of prominent domestic and foreign multinational companies on complex crossborder operations, among which can be highlighted:
— Cobra Brazil (ACS Group) in several RENEWABLE ENERGY related transactions, including: (i) the sale of its participating stake in Jaurú Transmissora de Energia (owner of a 949km transmission line concession) to Celeo Redes Brasil, S.A. (confidential value); (ii) the structuring and implementation of a BRL 650 million bond issuance and further sale of 5 solar projects in the state of São Paulo, with a combined 150MW installed capacity, to AES Tietê Energia for a combined value in excess of BRL 800 million; (iii) the sale of a 90MW solar project to the French group Total-Eren (confidential value); (iv) the sale of a 379km transmission line concession held by Guaporé Transmissora de Energia SA to ARGO Energia Emprendimentos e Participações (confidential value); and (v) the Brazilian aspects of the incorporation of its LATAM Renewable Energy Holding (Zero-e).
— Banco Santander Brasil in both proprietary transactions, such as the BRL 1.6 billion acquisition of the 40% stake in Brazilian Banco Olé Bonsucesso from Bosan Participações; and relevant third party finance operations such as the credit facility to Neoenergia in the context of the BRL 5.6 billion takeover bid (OPA) over Eletropaulo.
— Relevant buy-side and sell-side advice in the agribusiness industry and farm flock production sector such as: (i) the acquisition and integration of Café Pacaembu, one of the most traditional coffee makers and producers in Brazil by Massimo Zanetti, an Italian listed company and owner of, among other brands, Segafredo Zanetti (confidential value); and (ii) Mitsui & Co in the sale of Mitsui Alimentos Ltda. to Café Três Corações, S.A. (confidential value).
— Financing and debt capital markets, including the issuance of debentures for infrastructure and renewable energy projects for Brilhante Transmissora de Energia, S.A. (BRL200,000,000) (ACS-CELEO) and Cachoeira Paulista Transmissora de Energia, S.A. (BRL 220,000,000) (ISOLUX); as well as advice to International financial services companies, such as Alantra, on the structuring and commencement of operations in Brazil.
— Food and Technology industry players, such as: a dark-kitchen foreign (US) operator on the structuring, implementation and expansion of operations in Brazil through a buy&build strategy for accelerated growth, including the acquisition of several app developers and local dark-kitchen operators.
— Bachelor of Laws, Federal University of Rio de Janeiro (UFRJ), Rio de Janeiro, Brazil (2018)
— Bachelor of Laws, Universidad Complutense de Madrid (UCM), Madrid, Spain (1998)
— Master’s Degree in Corporate Counseling (Legal Advisory of Companies), Universidad Francisco de Vitoria, Madrid, Spain (1998)
— Studies in Political Science, Universidad Autónoma de Madrid, Madrid, Spain (1998)
— Director, Treasurer and member of the Executive Commission of the Brazil-Spain Chamber of Commerce, São Paulo
— Member of the Madrid Bar Association
— Member of the Brazilian Bar Association (OAB), No. 309590
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