Portobello Road's name derives from a popular victory during the War of Jenkins' Ear, when, in 1739, Admiral Edward Vernon captured the Spanish silver exporting town of what was then Puerto Bello in New Granada, (now known as Portobelo in modern-day Panama). Several commemorative names resulted from Vernon's victory, one of them being Portobello Farm in this area of London and, in turn, the lane leading to it which later became known as Portobello Road.