Energy & Infrastructure

Fangda’s energy and infrastructure team is composed of lawyers with many years of international experience on the planning, development, construction and financing of large-scale energy and infrastructure developments. Our current projects cover a broad spectrum of high-value infrastructure projects in China, Africa, Southeast Asia, Latin America and Oceania.

With a multi-disciplinary team of specialists who speak native Mandarin, English and Cantonese and are sensitive to the demanding processes and requirements of Chinese and international investors, we are well-placed to advise our clients on the most prominent and complex cross-border energy and infrastructure transactions.

Our unique international execution capabilities and understanding of domestic legal processes help ensure that our clients’ interests are best served and that negotiations and documentations are efficiently and effectively conducted in a fair and reasonable manner having regard to accepted international standards and protocols.

We provide sensible commercial insight and legal advice on all phases of an energy and infrastructure project from structuring, bidding, planning, financing, construction, operation to dispute resolution. We advise on investment protection against foreign exchange and currency risks, changes in law, expropriations and other political risks from acts of governments.

Area of Focus

  • Power (fossil-fueled, solar, wind, hydro power, nuclear, waste-to-energy)
  • Infrastructure (port terminals, free trade zones and other economic and industrial zones, roads, rails, airports, water supply and sewage plants, retail, commercial real estate and hotel infrastructure)
  • Oil, gas and petrochemicals
  • Mining
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Recognition

  • Projects & Energy Deal of the Year
    China Law and Practice, 2019-2020
  • Projects and Energy: PRC Firms – Tier 2
    The Legal 500 Asia Pacific, 2020
  • Projects and Energy: Hong Kong - Tier 2
    The Legal 500 Asia Pacific, 2022
  • Project Development
    IFLR 1000 Financial Law Firm Rankings, 2015-2022

"Fangda Partners' team has been particularly active in greenfield investment and infrastructure matters, with a key focus on the renewable energy and LNG sectors, including solar, wind and hydropower projects.” “very experienced in cross-border infrastructure projects."

The Legal 500 Asia Pacific

"A top tier banking and finance practice known for its strength in non-recourse or limited recourse project financing in infrastructure, real estate development and acquisition financing. "

IFLR 1000

Notable Matters

Some of the more notable energy and infrastructure projects our team has advised on recently include:

Energy & Infrastructure

Power
  • 180MW hydro power plant project in Papua New Guinea: Shenzhen Energy Group on the greenfield construction, development, financing and operation of a hydroelectric plant in Papua New Guinea, which on completion will supply one-third of the power requirements in the Yongki grid.
  • Development of wind farms in the Philippines: a Chinese developer on its equity interest acquisition and proposed construction, development and financing of a wind farm with an estimated investment of US$120 million, which is the phase 1 development with a total generation capacity of 600MW in the Philippines.
  • Solar and battery storage project in Australia: investors/developers on the development of solar energy and battery storage plants in Queensland, Victoria and South Australia with a combined generation capacity of 640MW.
  • Waste-to-energy project in Victoria, Australia: a Chinese investor on the development of a 640,000 tonnes per year waste-to-energy plant in Victoria, Australia.
  • Hinkley Point C nuclear power plant project in the United Kingdom: Taikang Insurance Group on its proposed £1 billion (approximately RMB 9.4 billion) investment in the Hinkley Point C nuclear power project in the United Kingdom. The project is expected to have a total investment of more than £20 billion.
  • Daya Bay nuclear power plant management restructuring and offtake arrangements: CLP on the establishment of Daya Bay Nuclear Management Company (DNMC) and on the management restructuring of DNMC and renegotiation of tariff and offtake arrangements to comply with the Scheme of Control.
  • Coal-fired power project in Indonesia: a major Indonesian mining company on its proposed joint venture with a PRC power generation company on the project financing and development of a mine-mouth 3x660MW coal-fired power project in Sumatra.
  • Coal-fired power project in Cambodia: a major Indonesian mining company on its proposed joint venture with a PRC power generation company on the project financing and development of a mine-mouth 2x660MW coal-fired power project in Cambodia.
  • Coal-fired power project in Mozambique: an AIM-listed company on its proposed joint venture with a PRC power generation company on the project financing and development of a mine-mouth 2x660MW coal-fired power project in Mozambique.
  • Panama, Iran and Algeria power plants: Shanghai Electric on EPC construction of power plant projects in Panama, Iran and Algeria.
  • Liaoning wind farms: CLP on the establishment of a joint venture company with China Wind Power Group and the acquisition of two wind farms in Liaoning Province.
  • Inner Mongolia wind farm: Arcapita on its acquisition of wind farm assets in China.
  • Shajiao C power plant: Mirant Asia Pacific on the disposal of its investment in the Shajiao C power plant in China.
  • Guohua Phase 2 investment project: CLP on its acquisition of a 2x800MW power plant in Liaoning Province and a 2x330MW power plant in Inner Mongolia.
  • Guizhou power plant project: CLP on the greenfield construction and financing of a 2x300MW coal-fired power plant project in Guizhou Province.
  • Taishan power project: Marubeni Corporation as the foreign sponsor and equipment supplier on its bid for the greenfield construction of a 2x660MW power plant project, including drafting and conducting negotiations on the power purchase agreement and the operation and management agreement. Advised the foreign sponsors on the turnkey construction contract and on the evaluation of equipment supplier bids submitted.
  • A PE fund owned by a Chinese power generation company group on its proposed disposal of a portfolio of wind farms and solar power plants in China.
  • Acquisition of solar power assets in China: Huaneng Group on its acquisition of solar power assets from GCL New Energy Holdings (involving over 200 solar power plants in China).
  • Banco Santander on the refinancing of a 2x125MW Henan power project.
  • Cathay International on the refinancing of the 2x125MW Zhongshan power project.
Infrastructure
  • Djibouti International Free Trade Zone: since 2014, China Merchants Port and CM Shekou on the greenfield development, construction and financing of a 48-sq km free trade zone and supporting infrastructure packages, including ports, roads, warehouses, power supplies and telecoms in Djibouti. This project received the 2019 Project of the Year Award by China Law and Practice and is the largest free trade zone in Africa to date.
  • Djibouti Damerjog Industrial Zone: a Chinese consortium on the financing, construction and project development of the Damerjog Industrial Zone in Djibouti.
  • Hulhumalé airport economic zone in the Maldives: Beijing Urban Construction Group on its greenfield planning, development and construction of an integrated airport economic zone (comprising hotels, office towers, a conference center, duty-free shops and shopping malls) on Hulhumalé Island.
  • Industrial zone development in East Africa: Orient International on its investment in a mega-project covering fish processing, fishing and industrial zone development in Eritrea.
  • Doraleh Multi-Purpose Port project: The Export-Import Bank of China on a US dollar term loan facility to the Djibouti government for the construction and development of Doraleh Port.
  • Djibouti old port redevelopment project: China Merchants Property Development on the negotiation and finalization of the framework agreement and on the overall project structuring for its old port redevelopment project in Djibouti.
  • Colombia port terminal: A Chinese SOE on its acquisition of port terminal and warehouse assets in Colombia.
  • Hongkong Land on its acquisition and subsequent disposal of port terminal assets in Wuhan and Zhejiang Province.
  • Shenzhen Shekou and Zhuhai Gaolan port terminal projects: Hutchison Whampoa on its acquisition of port terminal assets in Guangdong Province.
  • China Merchants Port, CM Shekou and CMID on the financing, construction and project development of a 224km four-lane toll road in Djibouti.
  • Veolia Transport, a leading international transportation company, on its various investments in urban public transportation projects in Shenyang, Chongqing and Nanjing through the establishment of joint ventures with local state-owned enterprises.
  • Light rail in Israel, CRRC and other consortium members in a bid for financing, planning, construction, maintenance, and operating the Tel Aviv light rail Green and Purple Lines.
  • Cathay International on highway construction projects in Guangdong Province, including drafting and conducting negotiations on construction contracts and ancillary agreements.
  • Hong Kong Airport Authority on its proposed investment in a major airport in South China, including deal structuring, drafting and negotiating transaction documents.
  • Hopu Investments on its US$119m investment in the Hainan-based conglomerate and airport operator Regal Group
  • Veolia Water, a leading global water group, on its various water supply and wastewater treatment projects in China (Beijing, Shanghai and Shenzhen), including negotiating joint venture contracts and concession agreements and advising on corporate restructuring.
  • Cathay International on the construction, operation and offtake for a group of 16 water plants with a total designed daily treatment capacity of 2.3 mega tonnes per day.
  • Retail commercial complex in Wangfujing, Beijing China: from 2005 to 2015 Hongkong Land, a member of the Jardine Group, on the RMB60 billion greenfield development, construction, and financing of an integrated retail complex with an 80-room Mandarin Oriental hotel in the Wangfujing area of Beijing, China. The project is Hongkong Land’s flagship commercial development project in China.
  • Citibank on completion risk management, fit-out, migration and occupancy of a built-to-specification 24-floor office tower in Manila constructed by a Dubai-Philippines development consortium with an option to purchase. The building is now the headquarters of Citibank in Manila.
  • Citibank NA Jakarta Headquarters: Citibank on construction completion risk management, fit-out, migration and occupancy of 12 floors of office and retail banking space in a Grade A office tower under construction in Jakarta, Indonesia.
  • Citibank NA Jakarta: Citibank on construction completion risk management and commercial and retail occupancy of 13 floors of office and retail banking space in a Grade A office tower under construction by a Hong Kong-based developer in Jakarta, Indonesia.
  • Hongkong Land Beijing commercial district office development: Hongkong Land on the joint venture development of a Grade A office tower in the Chaoyang District of Beijing.
  • IDI Gazeley, a subsidiary of Brookfield Property Group, on its proposed joint venture with a member of the Legend Holdings Group to design and construct a build-to-spec logistics hub in China.
  • Macquarie Real Estate and Infrastructure Fund on its acquisition of mixed-use retail and commercial shopping centres in Chengdu, Chongqing, Shenzhen and Shenyang.
  • A major Chinese real estate developer on its joint venture with a Middle-Eastern sovereign fund to develop and construct various retail and commercial properties in more than 10 cities in China.
Oil, Gas and Petrochemicals
  • Hongkong Electric on the greenfield development of Dapeng LNG terminal project, the first foreign-invested LNG terminal project in China.
  • China Environmental Energy on the establishment of a joint venture with Gazprombank and Gunvor to facilitate CNPC’s acquisition from Novatek of a 20% interest in the Yamal LNG terminal project in Russia.
  • Hong Kong Electric on its Phase 2 gas tolling arrangement with CNOOC facilitated through the Dapeng LNG terminal facilities.
  • Hong Kong Electric on the long-term supply of LNG to Dapeng LNG terminal and the gas sale arrangements.
  • Chevron on its disposal of an LPG terminal project with LPG storage and cargo terminal assets in Shantou.
  • Chevron on the restructuring of its gas station assets in Guangzhou and potential investment by CITIC Resource.
  • Sasol on its proposed establishment of coal-to-petroleum projects in China and injection of proprietary liquefaction technologies.
  • Nansha integrated petrochemical and refinery project: Dow Chemical on the US$10 billion integrated petrochemical and refinery project in Nansha, Guangdong Province.
  • ICBC Shenzhen as lender to a Sino-foreign joint venture company to finance the construction of a liquidated gas distribution network in southern China.
  • Schahin Oil and Gas on the refinancing of two oil rigs under construction by Yantai Shipyard.
Mining
  • An Indonesian mining company on the US$10 billion acquisition of a 33% stake in a copper and gold mine in Sumatra, Indonesia.
  • Guxian coal mining joint venture: Anglo-America on its acquisition of a 49% interest in the greenfield development of a coal mining project in China.
  • Xiwan coal mining joint venture: Anglo-America on a Sino-foreign joint venture mining project in China.

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