Latham Advises Carlyle on Sale of SierraCol Energy to Prime Infrastructure

Latham & Watkins has advised global investment firm Carlyle on the sale of SierraCol Energy Limited, Colombia's largest independent oil and gas exploration and production company, to Prime Infrastructure Capital. The transaction is subject to customary regulatory approvals and is expected to close in Q1 2026.

The Latham team was led by London corporate partners Nick Cline and Sam Newhouse, with associates Pierre-Axel Aberg and Emma Leatherbarrow. Advice was also provided on tax matters by London partner Karl Mah, with associates Richard Liu and Thomas O’Malley; on data and technology matters by London partner Christian McDermott, with associates Liz Longster and Jia Hao Clarence Cheong; on UK finance matters by London partner Charles Armstrong, with associate Farisha Khan; on US finance matters by Washington, D.C. partners Jennifer Kent, Jason Licht, and Jeffrey Chenard, with Washington, D.C. counsels Donald Cooley, Christopher Cronin, and Lucas Balchun, and associates Katie Prezioso and Kendall Crawford; on antitrust matters by Brussels partner Luca Crocco and London/Brussels partner David Little, with associate Alice Noguier; on sanctions matters by London counsel Thomas Lane; on litigation matters by London partner Andrea Monks, with associate Duncan Graves; and on employment matters by London partner Sarah Gadd, with London counsel Charlie Bowden.