Udayan Mukherjee > Dentons > DUBAI, United Arab Emirates > Lawyer Profile
Dentons Offices
LEVEL 18, BOULEVARD PLAZA 2
BURJ KHALIFA DISTRICT
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United Arab Emirates
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Udayan Mukherjee
Work Department
Banking and Finance, Chemicals, Commercial Contracts, Concessions and Government Franchises, Energy, Feedstock, Financial Institutions, Infrastructure, Offtake and Product Sales, Project Development, Project Finance, Renewabels, Restructuring, Insolvency and Bankruptcy, Transport Infrastructure: Airports, Bridges, Ports, Rail, Roads, Waste, Waste to Energy, Offtake and Product Sales Project Development Project Finance Renewables Restructuring, Insolvency and Bankruptcy Transport Infrastructure: Airports, Bridges, Ports, Rail, Roads Waste Waste to Energy Wastewater Treatment, Water Management, Desalination
Position
Udayan is a banking and project finance lawyer with extensive experience of a wide variety of project finance, structured trade finance, restructuring, general banking and Islamic finance transactions in the Middle East and internationally. Since joining Dentons in February 2007, he has worked on a number of major project financings in the infrastructure and industrial sectors within the region, acting for banks, developers, borrowers, sponsors and governments. Udayan advises on both English law and UAE law transactions.
Prior to joining Dentons, Udayan worked for a magic circle firm as an associate in the banking and project finance group in both the London and Tokyo offices, and also as in-house counsel supporting the Project Finance Department of a large investment bank in London. He has also undertaken a secondment at the Japan Bank for International Cooperation when he was working in Tokyo.
Udayan Mukherjee provides ‘insightful, technically solid and commercially sound advice’ in project finance instructions – Legal 500.
Udayan Mukherjee regularly assists with multimillion-dollar projects across the region. He focuses on banking and finance issues for a range of clients in areas including debt and refinancing. One source praised his energy expertise, saying: “He is very knowledgeable about IPP projects.” – Projects & Energy Middle East Wide: Global Chambers.
Career
- ACWA Power, Oman: Advising the consortium comprising ACWA Power, Gulf Investment Corporation and Alternative Energy Projects Co. on the conventional and Islamic financing of the Ibri II Independent Power Producer (IPP), which will be Oman’s largest utility-scale solar PV Independent Power Project, generating 500 MW of renewable power.
- Standard Chartered Bank, UAE: Advising a syndicate of banks on the AED900 million term and revolving facilities to Aujan Coca Cola Beverages Company. The Commodity Murabaha was funded by UAE and Saudi banks.
- Emirates Steel Murabaha Financing, UAE: Advising Emirates Steel in relation to US$400 million murabaha financing with a number of UAE and international banks.
- Sumitomo Chemical – Petro Rabigh, Saudi Arabia: Advised on its participation in the US$8 billion expansion of the refining and petrochemical complex in Saudi Arabai owned and operated by Rabigh Refining & Petrochemical Company (Petro Rabigh). The project included a US$1 billion captive IWSPP. The project was supported by JBIC and PIF and included two Islamic tranches of funding, as well as a conventional tranche.
Languages
English, Japanese
Memberships
Solicitor, Senior Courts of England and Wales, 1999
Education
Cardiff Law School, Cardiff University, 1995, LLB, Law and Japanese; Hons.
Personal
- “Dentons advises on Ibri II solar, the largest renewables project in Oman“, Dentons press release, April 8, 2020
- “Dentons advises BNP Paribas and a syndicate of six other international banks on a US$195 million pre-export secured revolving facility to Ferrexpo“, Dentons press release, March 29, 2018
- “UAE on China’s Silk Road map“, The National, March 2017
- “Public Private Partnerships”, Thomson Reuters MENA, January 2017
- “Dentons advises National Central Cooling Company PJSC (“Tabreed”) on the AED192.5 million financing of Dubai Parks and Resorts district cooling plant“, Dentons press release, January 5, 2016
- “Dentons advises on IFN Syndicated Deal of the Year”, Dentons press release, June 17, 2015
- “Dentons advises Bank Sohar and QNB on Dalma’s $77.5 million syndicated loan”, Dentons press release, June 17, 2015
- “Dentons advises Sumitomo Chemical on the US$8 billion Petro Rabigh and petrochemical complex expansion“, Dentons press release, March 19, 2015
- “Emirates Steel and Senaat on a $1.3 billion refinancing“, Dentons press release, June 11, 2014
Lawyer Rankings
United Arab Emirates > Infrastructure and projects (including project finance)
Proficient in M&A, financing, development and construction work, Dentons leverages its considerable Middle Eastern footprint to act on an array of high-profile infrastructure and energy projects across the region. The firm oversees leading work in the emerging hydrogen sector, as well as working with state entities on critical PPP developments alongside a range of funds and financial sponsors. Jon Nash, who leads the UAE-based team, has been principally engaged on waste treatment, renewable energy, and utilities work over the past twelve months. Udayan Mukherjee is particularly noted for project finance expertise, maintaining relationships with a number of banks, borrowers and governments across the region. Senior associate Kanishka Singh excels in the waste treatment space.
United Arab Emirates > Banking and finance: Corporate finance (including Islamic lending)
Dentons is well-regarded for its strong financing offering, excelling in both conventional and Islamic transactions The team acts for various regional financial institutions, leading industry corporates, government bodies and multilateral agencies, and has been notably active on ‘green’ deals, including sustainability-linked financings and bonds, as well consequential real estate and transport mandates. Alex Roussos and Stephen Knight co-lead the practice; the former is noted for his debt-financing and capital market capabilities, while the latter is recommended for his project finance expertise. Udayan Mukherjee is active on both the lenders and borrowers side on a mix of acquisition, project, and sustainability-linked financings, while Qasim Aslam continues to be an eminent practitioner regarding Islamic financing. Umera Ali is noted for his capabilities in cross-border matters.
Lawyer Rankings
- Banking and finance: Corporate finance (including Islamic lending) United Arab Emirates
- Infrastructure and projects (including project finance) United Arab Emirates
Top Tier Firm Rankings
Firm Rankings
- Banking and finance: Corporate finance (including Islamic lending)
- Capital markets
- Construction
- Dispute resolution: arbitration and international litigation
- Dispute resolution: compliance and investigations
- Employment
- Infrastructure and projects (including project finance)
- Commercial, corporate and M&A
- Real estate