Asia Projects and Project Finance

Global | Publication | July 2020

Our Asia project finance team has a strong record of managing complex, cross-border projects and project finance transactions across a broad range of sectors.

We have extensive experience in project structures in Asia and globally, advising lenders, sponsors, developers, institutional investors, contractors and operators in major domestic and cross-border energy and infrastructure projects.

We specialise in rail, ports, airports, renewables, LNG, gas and petrochemicals projects and regularly advise on transactions in Bangladesh, China, India, Indonesia, Japan, Malaysia, Mongolia, Myanmar, Singapore, Taiwan, Thailand and Vietnam.

Awards

Project Finance Group of the Year, Law 360, 2019
Tier 1 for India Projects & Energy (International Firms), Chambers Asia – Pacific, 2019
Tier 2 for Projects & Infrastructure, Chambers Asia – Pacific, 2019
Asia Pacific Biomass Deal of the Year, IJ Global, Gulf Chana Green, Bangkok, 2018
Tier 2, Asia Pacific Foreign Firms, Legal 500, 2018

Insights

Indonesia amends the Mining Law

On 12 May 2020, the parliament passed a law amending (2020 Mining Law Amendment) the 2009 Mining Law (Law No.4 of 2009 on Mining Mineral and Coal).

International finance institutions: addressing Asia’s infrastructure challenge post-pandemic

International finance institutions (IFI) are crucial to long term development goals in emerging Asia, and never more so than now.

Offshore wind perspectives: Asia Pacific

Nicky Davies and Julien Bocobza discuss opportunities for offshore wind investment in Asia Pacific.

Indonesia amends rooftop solar regulation

Indonesian Ministry of Energy and Mineral Resources (MEMR) issued amendments to last year’s Regulation 49/2018 on the Use of Rooftop Solar Power.

Renewable energy snapshot: Myanmar

The Myanmar Energy Master Plan, published in January 2016, makes projections of the long-term energy demand and fuel supply mix up to the year 2030.

Renewable energy snapshot - Thailand

Thailand has set a target that more than 25 per cent of electricity will be generated by renewable energy sources by 2037.

Renewable energy snapshot - Vietnam

In March 2016 the Vietnamese Government issued the revised National Power Development Plan for 2011 to 2020.

Renewable energy Snapshot Indonesia

Indonesia is targeting that 23 per cent of electricity will be generated from renewable energy sources by 2025.

Project Finance Newswire

Project finance insights from around the world

More insights

Deals

Norton Rose Fulbright advises on Asia Pacific’s largest green loan in the C&I renewables sector

Global law firm Norton Rose Fulbright has advised ING N.V. on a US$75 million term loan facility to photovoltaic developer Cleantech Solar SEA Pte Ltd

Norton Rose Fulbright advises Total Marine Fuels on 10-year LNG bunkering contract with Pavilion Energy

Global law firm Norton Rose Fulbright has advised Total Marine Fuels, a subsidiary of French energy conglomerate Total SA on signing a 10-year contract with Pavilion Energy Singapore Pte. Ltd. to develop liquefied natural gas (LNG) bunker supply facilities in Singapore.

Norton Rose Fulbright advises lenders on US$565 million for PT Well Harvest Winning Refinery

Global law firm Norton Rose Fulbright has advised a consortium of lenders on term and working capital facilities in the amount of US$565 million for PT Well Harvest Winning Refinery.

Norton Rose Fulbright advises Pavilion Energy on the closing of its acquisition of Iberdrola’s LNG business

Global law firm Norton Rose Fulbright has advised Pavilion Energy Pte Ltd on the acquisition of Spanish energy utility company Iberdrola’s portfolio of LNG and gas assets.

US$160 million financing of Kacific1 satellite to serve Southeast Asia and the Pacific

We advised on credit facilities to finance the construction, launch, ground system and initial operation for “Kacific1”, a Boeing-built next-gen high-throughput Ka-band satellite.

250 MW solar project, India

We are advising the lenders on the financing to SB Energy (a subsidiary of SoftBank Group of Japan) for a 250MW solar PV project in Andhra Pradesh, India.

US$1.2bn power station project, Bangladesh

We advised SDIC Power Holding on the structuring and development of a US$1.2bn power station project in Bangladesh.

Small scale rooftop solar projects South East Asia

We are advising the Global Climate Partnership Fund on its portfolio financing for the development of small scale rooftop solar projects across South East Asia.

Tina River Hydro Development Project, Solomon Islands

We are advising the sponsors on the 15MW
Tina River Hydro Development Project, the first large-scale infrastructure project to be developed as a PPP in the Solomon Islands.
The project will help the country reduce its reliance on expensive fuel and allow it to significantly reduce emissions.

Oil storage terminal, Malaysia

We acted for a lenders’ consortium which includes Maybank, ING, OCBC and DBS on the US$1.25 billion financing of an oil storage terminal in Malaysia.

Khalifa Port Container Terminal

We advised the lenders on the financing for the development, design, engineering, management and operation of the Khalifa Port Container Terminal Phase 2 in Dubai.