Transactional attorneys, faced with a domestic stall in the United States, are starting to cast their eyes to Latin America as the region experiences a rise in renewable energy investments, according to a recent article on Daily Business Review. This interest in Latin America is being driven by changes in both the political terrain and economic dynamics of countries across the South American landscape and the Caribbean.
The growing demand for energy globally coincides with an increasing interest in clean energy. While the trends and specific interests vary from country to country, the unified pursuit of renewable energy within these nations holds the potential to counterbalance the transactional slowdown currently being faced by legal professionals in the United States.
Oscar Stephens, a New York-based shareholder for Greenberg Traurig who specializes in renewable energy and infrastructure financing, commented that the needs for energy and environmentally-friendly infrastructure at reasonable prices are limitless in emerging markets like those found in Latin America.