Daniel Z. Chen

Daniel's experience includes advising:

• SACE and HSBC Bank on a first-of-its-kind SACE guaranteed financing with an Islamic finance structure (Commodity Murabaha) in favor of the IFFCO Group, an international food & beverage group headquartered in the United Arab Emirates, as part of SACE’s Push Program
• Citibank and Santander along with 8 joint bookrunners and co-managers on the US$1.035 billion senior secured notes issuance by Yinson Boronia Production B.V. to refinance the FPSO Anna Nery, as well as Citibank, Bladex, and ING as lenders, with respect to a letter of credit facility to fund the reserve accounts where the issuer was also the borrower under the credit facility
• The commercial banks, Islamic financiers, and hedging banks on the US$1.2 billion refinancing of the Al Dur Independent Water and Power Project (Al Dur IWPP) in Bahrain
• Barakah One on its US$2.42 billion refinancing of the Barakah Nuclear Energy Plant. This project was named ESG Loan Deal of the Year by Bonds, Loans & Sukuk Middle East Awards 2024
• RWE on the sale of a 49% stake in the Dogger Bank South offshore wind project to Masdar
• Norsk Hydro ASA on its agreement with Glencore, who will acquire 30 percent of Brazilian alumina refinery Hydro Alunorte, the world's largest alumina refinery, and Norsk Hydro ASA’s 5 percent ownership in the Brazilian bauxite producer Mineracão Rio do Norte
• Export credit agencies and commercial lenders in relation to the US$1.615 billion financing of the FPSO Alexandre de Gusmão to be deployed in the Mero field offshore Brazil – the transaction was named the Oil & Gas Deal of the Year, FPSO by IJ Global Awards 2023
• Export credit agencies and commercial lenders in relation to the US$1.63 billion financing of the FPSO Almirante Tamandaré to be deployed in the Búzios field offshore Brazil
• Trafigura Group PTE. LTD. and Trafigura PTE. LTD. as obligors in relation to a US$375 million and €125 million dual tranche facility provided by certain commercial banks and partially guaranteed by SACE as part of SACE’s PUSH Strategy aimed at increasing the procurement of goods and services from Italy
• RWE with respect to commercial contracts regarding the FSRU and LNG import terminal at Brunsbüttel, Germany
• Export credit agencies and commercial lenders on the US$114 million project financing for the construction of ACWA Power’s 200-MW Kom Ombo Solar Power Plant, the largest private solar plant in Egypt . This transaction was named African Energy Transition Deal of the Year by IJGlobal Awards 2023
• EnQuest plc, an upstream oil and gas company focused on North Sea and Malaysian production, in connection with its US$305 million senior notes offering
• Korea Electric Power Corporation (KEPCO), Électricité de France (EDF), and Kyushu Electric Power on the development and financing of the US$3.6 billion Lightning offshore transmission line project in Abu Dhabi - the transaction was named the Middle East and Africa Power Deal of the Year at the PFI Awards 2022 and Power Deal of the Year – Transmission at the MENA IJ Global Awards 2022*
• The lenders, including European Bank of Reconstruction and Development (EBRD) and Asian Infrastructure Investment Bank (AIIB), on the US$850 million project financing for the development, construction, and operation of a 1500-MW CCGT power plant in the Sirdarya region, Uzbekistan - the transaction was named the Middle East & Africa Central Asian Deal of the Year at the PFI Awards 2021*
• The underwriters on the issuance by Sweihan PV Power Company PJSC (SPPC) on the issuance of its US$700,800,000 3.625% senior secured amortizing green project bonds for the 1,777-MW Sweihan Photovoltaic Independent Power Project in Abu Dhabi, the United Arab Emirates – this deal was named Structured Bond Deal of the Year by the Bonds, Loans & Sukuk Middle East Awards 2023*
• The lenders on the US$450 million project financing for the development, construction, and operation of the Jubail 3B independent water producer project, which will be located south of Jubail City, Saudi Arabia*
• Japan Renewable Energy Corporation (JRE) on its joint venture with wpd AG Group on the co- development of the Saikai Enoshima offshore wind project in Nagasaki prefecture, Japan*
• AMP Capital and Caisse de dépôt et placement du Québec (CDPQ) on the financing of up to €775 million in secured notes issued by affiliates of Phoenix Tower International, a leading wireless communications infrastructure provider that owns and operates over 12,500 towers, 986 km of fiber and markets over 80,000 other wireless infrastructure and related sites located in 16 countries*
• The Ministry of Finance of Angola on an Angola Covid-19 Health Resilience loan to be provided by the European Investment Bank (EIB)*
• A US-based full-service hydrogen supplier on two proposed biomethane gas-to-green hydrogen gas projects in the UK*
• Zephyr Power on project document work relating to its 50-MW wind farm in Gharo, Pakistan*

*Matter handled prior to joining Latham