Carlos Ardila

  • Associate
  • 555 Eleventh Street, NW
  • Suite 1000
  • Washington, D.C. 20004-1304
  • USA
  • T +1.202.637.3387


Carlos Ardila is an associate in the Washington, D.C. office of Latham & Watkins. Mr. Ardila advises clients on cross-border corporate and financing transactions and related energy and infrastructure matters, and he has been recognized as an Associate-to-Watch by Chambers Latin America and as a Rising Legal Star by The Legal 500 and Latinvex.

Mr. Ardila is a member of the Latin America, the Energy & Infrastructure, and the Project Development & Finance Practices. Prior to joining Latham, he served as an associate at a global law firm where he advised corporate and sovereign clients in a variety of transactions with significant emphasis in Latin America, including public and private issuances of debt and equity securities, mergers and acquisitions, bilateral and syndicated loans, and project finance.


Mr. Ardila’s experience includes representing:

  • WhiteWater Midstream in the construction financing of Whistler Pipeline, a 446-mile natural gas pipeline in Texas —  the largest greenfield project financing on record using a hybrid bank-note structure and named North American O&G Deal of the Year by IJGlobal and by Proximo
  • Purchasers in acquisition of majority stake in wind and solar asset portfolio in Mexico, which involved an innovative build, transfer, and operate model, which was shortlisted as 2018 infrastructure Deal of the Year by Infrastructure Investor
  • Purchasers in two related complex investments in infrastructure assets in Chile, Colombia, Mexico, Peru, and Spain, which was awarded Latin American Private Equity Deal of the Year in 2018 by Latin Finance   
  • Lenders in project financing of 190-MW DC photovoltaic power plant, switchyard, and interconnection line located in Antofagasta, Chile
  • Chilean issuer in project bond offering in connection with operation of dual 220kv high-voltage electricity transmission lines
  • Project financing in connection with the acquisition of two natural gas-fired combined heat and power plants with installed capacity of 518-MW located in Altamira, Tamaulipas, and Cosoleacaque, Veracruz, Mexico
  • Mexican sponsor in hybrid bank-bond refinancing of an approximately 420 kilometers natural gas pipeline and associated compression facilities 
  • IBRD, as guarantor, in the first-of-its-kind “blue bond” issuance, a new financial instrument designed to support sustainable marine and fisheries projects in the Seychelles 
  • Inter-American Development Bank, as guarantor, in a US$400 million offering of social bonds issued by the Republic of Ecuador, the first sovereign financing of this kind (earning Environmental Finance’s 2020 Green, Social and Sustainability Bonds Award) 
  • US investor in purchase of credit-linked notes backed by obligations of Argentine electricity distribution companies 
  • Ecuadorean steelmaker in financing of smelting plant by multilateral development institutions*   
  • Brazilian printing company in staged acquisition by global printing company*   
  • Mexican telecommunications company in largest local-currency international debt offering by a Latin American corporate issuer*    
  • Peruvian telecommunications company in acquisition of two Peruvian wireless service providers*   
  • Argentine dairy products company in liability management tender offer and issuance of new debt securities*   
  • Lender group in financing of Argentine oil producer’s senior credit facility secured by trade receivables*   
  • Mexican telecommunications company in spinoff of mobile towers business*   
  • Republic of Argentina in dual-tranche issuance of debt securities*    
  • Mexican state-owned electricity company in three concurrent bond offerings*

*Matter handled prior to joining Latham

Thought Leadership

  • Out of the Blue -  February 19, 2019

Associate-to-watch for Project Finance – International Counsel

Clients describe Mr. Ardila as "very thorough," as well as "good at negotiating... and making tough calls."

Chambers 2022
Bar Qualification
  • District of Columbia
  • New York
  • JD, Harvard Law School, 2011
    cum laude
  • BA in Modern History & Politics, Oxford University, 2006
  • International Baccalaureate, Colegio Anglo Colombiano, 2001
  • Energy & Infrastructure
  • Technology
  • English
  • Spanish
  • Portuguese
  • Chinese (Mandarin)
  • Project Development & Finance
  • Capital Markets
  • Latin America Practice