Alec Johnson is a partner in our Project Development and Finance practice who is seconded to The Law Office of Megren M. Al-Shaalan, with which White & Case practices in cooperation in Saudi Arabia.
Alec advises state-owned companies, sponsors, lenders and procurers on complex, multijurisdictional projects across a variety of sectors.
Before moving to Saudi Arabia, Alec worked in our London and New York offices.
Representation of the Mandated Lead Arrangers in connection with the SAR 2.15 billion Islamic project financing for the construction of a new petrochemicals complex in Yanbu, KSA. The complex, which is being developed by Farabi Yanbu Petrochemicals Company will produce linear alkyl benzene (LAB), paraffins and derivative products.
Representation of Saudi Aramco as procurer on the structuring, tendering, development and financing of the 2500+ unit Fadhili residential camp to be developed on a BOOT basis with a government security residential facility with an additional 200+ units to house personnel providing security for the Fadhili residential camp and the other Saudi Aramco facilities in the Fadhili area, KSA. This was the first residential camp in the Kingdom to be financed on a project finance basis.
Representation of Vale S.A. and Mitsui & Co., Ltd. on the development and US$2.73 billion financing of the landmark Nacala Corridor Railway and Port Project, an integrated and transformative infrastructure project supporting growth along a regional corridor shared by two countries, Mozambique and Malawi.
Representation of the Compagnie des Bauxites de Guinee (CBG) lenders (Natixis, BNPP, SocGen, Credit Agricole, ING, IFC and OPIC) on the approximately US$700 million expansion financing of the CBG bauxite project in the Republic of Guinea, one of the largest Africa mining financings in 2016. The transaction involves a large UFK-covered tranche. This deal won "2016 African Mining Deal of the Year" by IJGlobal.
Representation of Freeport LNG with respect to over US$14 billion of third party cash equity, mezzanine debt, and senior secured debt financings for the first three liquefaction trains of the Freeport LNG multi-train natural gas liquefaction facility at Quintana Island in Texas. The individual liquefaction trains comprising the facility are separately owned and financed by wholly and partially-owned subsidiaries of Freeport LNG. The four transactions comprising the third party equity and senior secured debt financing of the first two liquefaction trains were the largest fully non-recourse project financing in history and were collectively named "2014 Global Deal of the Year" by IJGlobal, "2014 Americas Deal of the Year" by Project Finance International magazine and one of the "2014 Americas Deals of the Year" by Trade Finance magazine. The mezzanine and senior secured debt financings of the third liquefaction train subsequently closed in April 2015 and, together with the financings of first two trains, were named "Global Finance Deal of the Year: Project Finance" by The American Lawyer.
Representation of the Saudi Arabian Oil Company (Saudi Aramco) in connection with the expansion of the US$9.9 billion refinery, ethane cracker, petrochemical complex and associated conversion industrial park at Rabigh on Saudi Arabia's Red Sea coast which is being developed by a joint venture between Saudi Aramco and Sumitomo.
Representation of Saudi Aramco in connection with various matters relating to certain of its joint ventures in Saudi Arabia and the United States.
Representation of SMBC, MUFG and Mizuho Bank, as mandated lead arrangers and lenders in the refinancing of a 440 MW rated gas-fired combined cycle power plant, located inside The Dow Chemical Company's Oyster Creek chemical complex in Freeport, Texas.