Chirag K. Dedania

Chirag’s recent experience includes advising:

LNG

• Venture Global on numerous assets and financings, including:
  • The term loan A financing of its US$5.8 billion term loan A project financing for Calcasieu Pass LNG
  • The US$21.0 billion Plaquemines LNG project financing, consisting of a US$13.2 billion phase one investment and US$7.8 billion phase two investment
  • Multiple 144A bond issuances by various Venture Global entities
• Cheniere on multiple bank and bond financings for Cheniere Energy Partners and Sabine Pass Liquefaction
• Dominion Energy on the Cove Point liquefaction project’s US$3 billion commercial bank financing
• Blackstone Energy Partners on its sale of equity in Cheniere Energy Partners to Brookfield and Blackstone Infrastructure Partners, along with multiple 4(a)(2) private placement back-leveragings of upstream equity

Power and Energy Transition

Sponsor-Side Representations

• Avenue Capital / Middle River Power on numerous term loan A financings, including:
  • An over US$800 million term loan A financing of over 1.8 GW of thermal power assets in California in connection with the sale of such assets to a continuation fund
  • An over US$250 million term loan A construction financing for a portfolio of over 325 MW of battery energy storage system projects
  • An over US$400 million term loan A refinancing of a portfolio of geothermal assets in California
• ArcLight Capital Partners on numerous term loan B, term loan A and private placement financings, including:
  • The over US$1.2 billion acquisition financing of the Parkway Generation Assets from PSEG
  • The over US$400 million acquisition financing of the Generation Bridge II Assets from PSEG
  • Multiple financings relating to interests in the Sydney Murray Hydro facility in Louisiana
• ContourGlobal plc in connection with the over US$400 million term loan A refinancing of its 604 MW natural gas-fired Hobbs electric generating plant located in Hobbs, New Mexico

Lender-Side Representations (Term Loan A)

• The coordinating lead arrangers and lenders on multiple financings for Calpine’s Geysers geothermal portfolio in California, including:
  • A 2022 financing for more than US$2.1 billion
  • A 2021 financing for more than US$1.75 billion
  • The original 2020 financing transaction, which garnered recognition as IJGlobal’s 2020 North American Renewables (Geothermal) Deal of the Year
• The coordinating lead arrangers and lenders on multiple financings for various assets of Strategic Value Partners / GenOn, including:
  • The 2023 US$300 million and the 2020 US$250 million financings for the 1,500 MW Ormond Beach electric generation facility located in Oxnard, California
  • The approximately US$300 million financing of the approximately 1,600 MW Chalk Point and 300 MW Dickerson generating stations located in Maryland

Lender-Side Representations (Term Loan B)

• Jefferies in connection with the over US$600 million financing of the Heritage Power portfolio
• Jefferies in connection with the US$1.05 billion financing of the nearly 1,000 MW Linden 1-6 gas-fired cogeneration projects located in Linden, New Jersey

Alternative Capital / Direct Lending

• Ares on multiple financings, including:
  • The US$215 million holdco financing of a portfolio of solar assets owned by SunRun
  • The over US$450 million refinancing of Cathness’ 1050 MW Freedom Power Plant in Pennsylvania
  • The restructuring of Ares investment in, and the structuring of a tax equity investment into, two biomass assets in Georgia
• QIC and the other lenders in the US$450 million Topco Secured Financing of Cypress Creek Renewables

Oil & Gas and Midstream

• Ares and CDPQ on numerous financings for EQT’s portfolio company, Kodiak Gas Services, including a US$1 billion unsecured term loan financing in 2022
• The lead arrangers and lenders in connection with multiple financings for Brookfield’s portfolio company, NorthRiver Midstream, including an US$850 million term loan B financing and a CAD$500 million revolving facility
• ArcLight Capital Partners on multiple financings, including:
  • Gulf's term loan B and ABL financing
  • The construction financing of floating production systems in the Gulf of Mexico
• OIC in connection with the over US$600 million financing for constructing and converting the Bakersfield refinery into a biofuels refinery

Digital Infrastructure

• Ares and CDPQ on the US$1 billion Tillman Infrastructure first-lien tower portfolio financing
• Ares on:
  • Multiple data center portfolio financings for EdgeConnex
  • A financing of Vertical Bridge’s tower portfolio

Other Infrastructure

• QIC in connection with a financing for FirstElement Fuel Inc., a developer of hydrogen fueling stations in the United States
• OIC in connection with multiple senior secured financings, including for:
  • A plastics recycling company
  • Caliche Coastal, in connection with constructing helium salt cavern gas storage facilities and associated brine management and pipeline infrastructure in Port Arthur, Texas
  • The Keystone terminal, a bulk dry goods shipping terminal in Jacksonville, Florida
  • Tiger Group, a provider of equipment rental and safety services to the energy industry
  • Highland Pellets, in connection with a wood pellet biomass manufacturing and production facility with an aggregated nameplate capacity of 675,000 metric tons per year, in Pine Bluff, Arkansas
• Brookfield on refinancing the Keystone terminal
• IFM on the financing of a wood pellet biomass manufacturing and production facility