Scotiabank

Founded in 1832, Scotiabank is a global financial services leader offering personal and business banking, brokerage, insurance, private wealth management, and commercial, corporate, and institutional services. With over 86,000 employees serving more than 21 million customers in over 55 countries, the bank is committed to helping individuals, companies, and communities thrive by delivering practical advice and relevant solutions.

Phil Armstrong

Senior Vice President, Specialized Financial Services

Paul Baroni

Executive Vice President and CFO

Charles Comiskey

Managing Director

Daniel Kennedy

Vice President, Chile

Martine Lamoureux

Senior Vice President, Global Enterprise Technology

Past deals in Andes

Triple Flag Precious Metals

Post in 2025
Triple Flag is a specialized company focused on gold streaming and royalty investments. It operates globally, with a diversified portfolio of long-life mining assets across Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. The company is known for its adaptable and flexible approach to financing solutions, tailored to meet the needs of its mining partners.

Grenergy Renovables

Post in 2025
Grenergy Renovables, S.A. is an independent energy producer based in Madrid, Spain, specializing in the design, development, construction, and operation of large-scale renewable energy plants, primarily in the solar and wind sectors. Founded in 2007, the company has established a significant presence in Latin America, with operations in countries such as Chile, Mexico, Peru, Colombia, Argentina, and Spain. Grenergy Renovables is involved in various activities, including the promotion and commercialization of renewable energy installations, the production and sale of electric energy, and the management of renewable energy facilities. Its diversified business model allows it to adapt to the specific circumstances of each market, enabling the company to effectively capitalize on the growing demand for renewable energy solutions. Grenergy Renovables is a subsidiary of Daruan Group Holding, S.L.

Grenergy Renovables

Post in 2024
Grenergy Renovables, S.A. is an independent energy producer based in Madrid, Spain, specializing in the design, development, construction, and operation of large-scale renewable energy plants, primarily in the solar and wind sectors. Founded in 2007, the company has established a significant presence in Latin America, with operations in countries such as Chile, Mexico, Peru, Colombia, Argentina, and Spain. Grenergy Renovables is involved in various activities, including the promotion and commercialization of renewable energy installations, the production and sale of electric energy, and the management of renewable energy facilities. Its diversified business model allows it to adapt to the specific circumstances of each market, enabling the company to effectively capitalize on the growing demand for renewable energy solutions. Grenergy Renovables is a subsidiary of Daruan Group Holding, S.L.

Ecopetrol

Post in 2024
Ecopetrol is Colombia's largest integrated oil and gas company, involved in a wide range of activities related to hydrocarbons and energy infrastructure. The company engages in exploration, exploitation, refining, transportation, storage, distribution, and marketing of oil, gas, and their derivatives. Additionally, Ecopetrol provides electric power transmission services and is involved in the design, development, construction, operation, and maintenance of road and energy infrastructure projects. Its operations are organized into four main segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. This diverse portfolio enables Ecopetrol to play a significant role in Colombia's energy sector.

Empresas Públicas de Medellín

Debt Financing in 2022
Founded in 1955, Empresas Públicas de Medellín is a Colombian public utility company operating in electricity, water, sanitation, and natural gas services. It generates electricity through hydroelectric power plants, wind energy, biomass, solar, and geothermal sources, serving residential, commercial, and industrial sectors. The company also manages integrated water management, wastewater treatment, and aqueduct services.

Fortuna Silver Mines

Post in 2022
Founded in 2005, Fortuna Silver Mines is a Canadian-based precious metals mining company with operations in Latin America. It operates two low-cost mines in Peru and Mexico, producing silver and gold. As of 2014, the company had mineral reserves containing approximately 41 million ounces of silver and 252,000 ounces of gold. Fortuna aims to achieve sustainable growth while maintaining operational profitability and adhering to industry best practices in employee relations, community outreach, and environmental safeguards.

Mandalay Resources

Post in 2022
Mandalay Resources is a mining company focused on gold and antimony production. It acquires undervalued assets that can quickly generate cash, fund exploration, and maintain high operating margins, allowing it to return cash to shareholders. The firm operates the Costerfield gold and antimony mine in Australia and the Bjorkdal gold mine in Sweden, while also pursuing exploration and care‑and‑maintenance projects in Chile and Canada. Mandalay emphasizes safe, environmentally responsible operations and strong community and employee engagement.

Terpel

Debt Financing in 2022
Founded in Bucaramanga in 1968, Terpel began as a fuel service provider to address shortages in Santander. Today, it operates across Colombia, Panama, and other countries, offering lubricant oils, service stations, car wash services, marine fuels, and aviation fuels. The company fosters employee growth through internal promotion programs and aims to deliver exceptional customer experiences while continuously improving its results.

Empresa de Telecomunicaciones De Bogota

Post in 2022
Empresa de Telecomunicaciones de Bogotá (ETB) is a prominent telecommunications company based in Colombia, established in 1884. It provides a wide range of communication products and services tailored for homes, small and medium businesses, and large corporations. ETB's offerings include broadband and wireless Internet, local and Internet Protocol telephony, digital television, and 4G mobile services. The company is committed to enhancing the quality of life for individuals and communities by deploying advanced telecommunications infrastructure, thereby supporting the growth and development of Bogotá and contributing to a more advanced Colombia. Through its innovative solutions, ETB aims to foster a better future for its customers and the territories in which it operates.

BBVA Chile

Acquisition in 2017
BBVA Chile operates as a digital transformation process in global banking, and we want you to be a part of this change in Chile. We work for a better future for the Chilean society and for that we support on 3 pillars: principles, innovation and people; betting for the technology as a tool to transform our present and future. We want to be the bank of knowledge and invite you to think digitally with us. Because everything has already been invented until someone else reinvents it.
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