Interconexión Eléctrica S.A.’s $80 million Investment in Andean Tower Partners a telecommunications infrastructure company


Hogan Lovells, Brigard & Urrutia, Kleinbard and Muñoz Tamayo & Asociados have advised on the deal

ISA has consummated an agreement to invest up to USD$80 million in Andean Tower Partners (“ATP”) for the development of telecommunications infrastructure in Colombia and Peru. ATP owns, operates, and manages passive telecommunications infrastructure in Colombia and Peru, with plans to expand into the Andean Region. Its business is to operate and manage towers and sites for mobile operator infrastructure deployment including new technologies like small cells and DAS (distributed antenna systems) to help meet mobile connectivity growing demand.

With this investment into ATP, ISA increases its presence in the telecommunications infrastructure segment which is projected to grow substantially in the coming years in Colombia and Peru. This growth is due to the increasing demand for connectivity, particularly mobile data, in these countries and globally.

For the development of this business, ISA will partner with Digital Bridge, a North American company with an extensive proven track in the infrastructure sector in the United States, Mexico and Colombia. ISA will have a stake of 48% in ATP.

Hogan Lovells has advised Interconexión Eléctrica S.A. with a team including Dave Locascio (Picture), Bruno Ciuffetelli, Peter Spivack, Amy Freed, Jeff Tolin, Brian Curran, José Luis Vittor, Luke Edney, Nicholas Hoover and Pedro Echavarria Coll.

Brigard & Urrutia has advised Interconexión Eléctrica S.A. with Carlos Umaña, Claudia Navarro, Fernando Alfredo Castillo, Andrea Camila Cruz and Jimena Rincón.

In US, Kleinbard LLC has advised Digital Bridge Andean Tower Holdings, LLC with Joseph J. Valane.

Muñoz Tamayo & Asociados has advised Digital Bridge Andean Tower Holdings, LLC with Diego Muñoz Tamayo, Fernando Bermúdez Durana and Amparo Montes Vega.

Involved fees earner: Joseph Valane – Kleinbard; Diego Muñoz Tamayo – Muñoz Tamayo & Asociados; Fernando Bermúdez Durana – Muñoz Tamayo & Asociados; Amparo Montes Vega – Muñoz Tamayo & Asociados; Carlos Umaña Trujillo – Brigard & Urrutia; Fernando Alfredo Castillo – Brigard & Urrutia; Claudia Navarro Acevedo – Brigard & Urrutia; David Locascio – Hogan Lovells; Bruno Ciuffetelli – Hogan Lovells; Amy Bowerman Freed – Hogan Lovells; Nicholas Hoover – Hogan Lovells; José Luis Vittor – Hogan Lovells; Peter Spivack – Hogan Lovells; Jeffrey Tolin – Hogan Lovells; Brian Curran – Hogan Lovells;

Law Firms: Kleinbard; Muñoz Tamayo & Asociados; Brigard & Urrutia; Hogan Lovells;

Clients: Interconexión Eléctrica S.A.; Digital Bridge Andean Tower Holdings, LLC;

Author: Ambrogio Visconti