Saghar Khodabakhsh

International Law Clerk, New York

Biography

Overview

Saghar is a dual qualified (England and Wales and California) attorney in the Energy, Infrastructure, Project and Asset Finance group based in New York. Saghar also practiced in our London, Abu Dhabi and Frankfurt offices. Before joining White & Case, Saghar was a Fellow of Emmanuel College, University of Cambridge, where she spent over five years developing a new class of Photovoltaics materials using nanotechnology.

Bars and Courts
England and Wales
California State Bar
Education
Legal Practice Course
BPP Law School
Grad Dip. Law
BPP Law School
PhD
Chemical Physics
Imperial College London
MSc
Chemistry
Imperial College London
Languages
English
German
Persian
Not admitted to practice in the State of New York. Only admitted in the State of California and England and Wales.

Experience

 

Represented Avangrid Renewables as a 50 percent equity investor in connection with the financing of, tax equity investment in and joint venture arrangements for the 800 MW Vineyard Wind I offshore wind project, located off the coast of Massachusetts, US. The project company has raised US$2.3 billion of senior debt through nine international and US banks to finance the construction of the project. This financing represents one of the largest investments in a single renewable energy project in the US and the first large commercial-scale offshore windfarm in the US to reach financial close.

Represented East West Bank in connection with portfolio term financing for two biomass electric generation projects located in California and Quebec, Canada.

Represented East West Bank as tax equity investor in connection with a tax equity investment in a fuel cell project located on the US Navy Submarine Base in Groton, CT.

Represented Zorlu Enerji on the $815 million combined refinancing of a portfolio of existing power plants and the financing of new geothermal project, Aegean Region, Turkey.

Represented affiliates of LS Power in the sale of interests in Sandy Creek Energy Associates, L.P. ("SCEA"), owner of an undivided interest in a coal-fired power generating plant located in the Electric Reliability Council of Texas, to a group of SCEA's lenders in connection with the restructuring of SCEA's approximately US$1 billion of secured funded debt.

Representation of Beal Bank as sole lender in a US$250 million senior secured term loan to U.S. Well Services, a leader in electric hydraulic fracturing services and technology. The term loan provides U.S. Well Services with permanent financing and the ability to fund growth initiatives in the growing market demand for electric-powered hydraulic fracturing services

Represented sponsors on $990 million project financing of the LNG import terminal, Bahrain; “LNG Deal of the Year” by Project Finance International, 2017.

Representation of International Finance Corporation (IFC), Asian Development Bank (ADB) and a syndicate of local banks on the project financing of the first 4.5 MTPA LNG receiving, regasification and storage facility at Port Qasim in Pakistan.

Represented the Lenders to ST EIP Holdco LLC, a jointly owned subsidiary of Shinhan Investment, Samtan, EIP Investment, and KDB KIAMCO, in the financing of its acquisition of an indirect 50% equity interest in the Utopia pipeline.

Represented borrower in relation to a $125 million term loan to finance rehabilitation of integrated ammonia and methanol plant in Texas, USA.

Advised the lenders, including commercial banks and export credit agencies US Ex-Im, COFACE, Euler Hermes and K-Exim, in connection with the financing of the US$10.2 billion Emirates Aluminium Project in the UAE. This deal was awarded the Middle East Industrial Deal of the Year by Project Finance International.

Advised lenders on US$1.2 billion financing of Indorama's nitrogenous fertiliser complex in Nigeria “African Petrochemical Deal of the Year” by Project Finance International, 2013.

Represented of the lenders in connection with a US$270 million Islamic finance transaction comprising a murabaha tranche and a vendor finance tranche for Kuwait Telecom Company K.S.C. ( a subsidiary of Saudi Telecom Company).

Represented of Abu Dhabi National Paper Mills (ADNPM), a subsidiary of Abu Dhabi National Industrial Projects in relation to a US$33m export credit agency financing granted by HSBC and SEK for the expansion of ADNPM's paper plant in Abu Dhabi, UAE.

Publications

Simultaneous Optimization of Light Gain and Charge Transport in Ambipolar Light-Emitting Polymer Field-Effect Transistors, Chemistry of Materials, pp. 21, 4425, 2009

Surface modification of PDMS via self-organization of vinyl-terminated small molecules, Soft Matter, 5, pp. 2286, 2009

Organic Thin Film Transistors with Polymer Brush Gate Dielectrics Synthesized by Atom Transfer Radical Polymerization, Advanced Materials 18, pp. 36–43, 2008

Organic Thin Film Transistors with Polymer Brush Gate Dielectrics Synthesized by Atom Transfer Radical Polymerization, Advanced Materials 18, pp. 36–43, 2008

Enhancement of Charge-Transport Characteristics in Polymeric Films Using Polymer Brushes, Nano Letters, 6, pp. 573, 2006