Switch Language
Santiago Jaramillo

Santiago Jaramillo Martínez

Contact information
(57-60-1) 3462011 Ext: 8866
Admitted to practice law in

Attorney and Economist from Universidad de los Andes, with a master’s degree (LL.M.) in Corporate Law from The Ohio State University, United States. Santiago is member of the firm’s Banking and Financial Services team and regularly advises lenders, sponsors, and project companies in project finance transactions in Colombia. He has experience working in Colombia and the United States of America. Santiago has provided advice to local and international clients for the development of energy projects in Colombia, including Scotiabank, Grupo Ortiz, Credicorp Capital, Export Development Canada, Celsia, Sumitomo Mitsui Banking Corporation, Ashmore Group, Banco Santander, AES Corporation, Solarpack Corporation, Matrix Renewables, among others.

Additionally, his experience includes: (2020) the financing of USD 57 million and COP 108,000 million granted by IFC and Banco Davivienda S.A., as advisor to Elecnorte S.A.S.S.E.S.P. and Ashmore Group to finance the construction, operation and maintenance of a total of 138 km of 110kV regional transmission lines in the department of La Guajira, Colombia. In addition to this, in 2021, we supported the mentioned clients in the refinancing of the initial loans with Banco Davivienda S.A. and Itaú Corpbanca; (2020) the financing of USD 340 million granted by Scotiabank and Export Development Canada to Caoba Inversiones S.A.S., which includes operational assets in Tolima and the Caribbean region, with approximately 1,500 km of transmission lines and 85 substations located in Colombia; (2020) the financing of USD 189 million granted to Grupo Decameron, as local advisor to Itaú Corpbanca (Chile); (2021) the refinancing of the 4G road project, Montes de María, through the issuance of bonds for USD 203 million, as advisor to the agency U.S. International Development Finance Corporation; (2021) the financing of USD 170 million granted to Metro Línea 1 S.A.S. for the development of the first line of Metro de Bogotá as advisor to BBVA and Bancolombia; (2021) the financing granted to certain affiliates of Matrix Renewables by Bancolombia and the Inter-American Development Bank for the operation of solar photovoltaic energy projects in Puerto Gaitán, Meta; (2021) the financing granted to Energía de Colombia STR S.A.S. E.S.P. and Ortiz Construcciones y Proyectos S.A. in connection with certain loans in COP and USD for the construction and operation of several electrical substations located in the department of Atlántico in Colombia; (2022) the financing of USD 674 million for the construction and operation of Puerto Bahía Colombia de Urabá - Puerto Antioquia, as local advisor to Citigroup Inc.; (2022) the financing of USD 170 million for the construction and operation of Termoeléctrica Tesorito, a gas-fired power plant with a capacity of 200 MW located in Córdoba, Colombia, as local advisor to Banco Santander and Sumitomo Mitsui Banking Corporation; (2022) the financing granted to affiliates of Solarpack Corporation, in connection with two solar plants located in Montería, Córdoba, with a total installed capacity of 99. 9MW and La Gloria, Cesar, with a total installed capacity of 80MW; (2022) the financing of COP $1 billion granted by Bancolombia and BBVA in Colombia to AES Colombia for general corporate purposes; (2022) the financing of USD 141 million granted to Caoba Inversiones S.A.S. as local advisor of The Bank of Nova Scotia; among other projects.



Santiago currently advises national and foreign companies in project financing transactions in Colombia. He drafts, reviews and delivers signature ready financing documents, such as: credit agreements, security documents, trust agreements, and other ancillary documents. In addition to this, Santiago frequently reviews, from a local law perspective, credit agreements and other financing documents that are governed by New York Law and other international jurisdictions.

Educational Background

Attorney and Economist from Universidad de Los Andes. Holds a Master of Law (LL.M) degree in Corporate Law from The Ohio State University, United States.