The interdisciplinary energy and natural resources team at Clifford Chance LLP handles a variety of work in the projects space, and, is most notably recognised for long-standing climate change practice. Practice head Jiahua Ni is a key point of contact for major banks looking for assistance with cross-border financings, Shanghai-based Kelly Gregory handles national and international M&A, disposals and joint ventures, whilst in Beijing Terence Foo advises on public and private M&A transactions in teh energy sector. Splitting their time between Hong Kong and Beijing are Maggie Lo, who is well versed in handling cross-border financings including project finance, acquisition finance for Chinese and international financial institutions and borrowers and Vicky Ma, who deals with international project financing transactions in the energy and infrastructure spaces.
Key clients
- Bank of China
- China Development Bank
- The Export-Import Bank of China
- China Merchants Bank
- Asian Infrastructure Investment Bank
- Wynn Resorts
- Baoshan Iron & Steel Co., Ltd.
- State Grid International Development Limited
- Zhejiang Huayou Cobalt Co., Ltd.
- TBEA
- Three Gorges
- SABIC
- SQM
- EDF
Work highlights
- Advised a syndicate of international banks, led by Bank of China and ING as initial mandated lead arrangers, on the international aspects of its approximately US$3.9 billion financing for the development of a nationwide 4G and 5G telecommunications network in the Philippines by Dito Telecommunity Corporation (Dito), the third and newest telecommunications operator in the Philippines.
- Advised China Development Bank, Industrial and Commercial Bank of China Limited, Bank of Communications Co., Ltd., China Minsheng Bank Corp., Ltd. and Postal Savings Bank of China Co., Ltd. in relation to a syndicated term loan facility to Thar Coal Block-1 Power Generation Company (Pvt.) Limited for the construction of Thar I 2X660MW coal fired power project. Sinosure provided buyer’s credit export insurance for this project.|Advised China Development Bank, Industrial and Commercial Bank of China Limited, Bank of Communications Co., Ltd., China Minsheng Bank Corp., Ltd. and Postal Savings Bank of China Co., Ltd. in relation to a syndicated term loan facility to Sino Sindh Resources (Pvt.) Ltd for the construction of Thar coalfield block I open-pit coal mine. Sinosure provided buyer’s credit export insurance for this project..
- Advised the lenders in relation to the financing of six 174,000 m3 LNG carriers. The sponsors are Nippon Yusen Kabushiki Kaisha (NYK), CETS Investment Management (HK) Co., Ltd., CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. and China Merchants Energy Transport Investment Company Limite. The vessels are to be constructed by Hudong-Zhonghua Shipping (Group) Co., Ltd. and China Shipbuilding Trading Co., Ltd. (China).
Lawyers
Practice head
The lawyer(s) leading their teams.
Jiahua Ni