Saghar Khodabakhsh

Renewable energy sector:

• Representation of Avangrid Renewables, LLC, a leading sustainable energy company:
  • on the US$2.448B construction and term loan financing for its joint venture in offshore wind project, Vineyard Wind 1. "Global ESG Deal of the Year" PFI 2021
  • in connection with tax equity financing for a 548 MW portfolio of wind projects, New York, New Mexico, and Colorado
• Representation of Morgan Stanley Energy Partners on its investment in SolMicroGrid, a developer/operator of solar-enabled microgrid systems (ongoing)
• Representation of Mizuho Bank, Ltd. and KDB on a US$184M financing for a solar photovoltaic power plant with an energy storage system, US territory of Guam
• Representation of the Lenders on the proposed construction and back-leverage financing of the development, construction, operation and maintenance of a portfolio of three solar projects, Texas
• Representation of The United States Department of Energy on the proposed ATVM financing for:
  • an electric vehicle related company (ongoing)
  • a battery recycling company (ongoing)
• Representation of East West Bank as:
  • sole arranger and lender in connection with a portfolio term financing for two biomass electric generation projects , California and Quebec
  • tax equity investor in a fuel cell project located on the US Navy Submarine Base in Groton, CT
• Representation of Zorlu Enerji on the US$815M combined refinancing of a portfolio of existing power plants and the financing of new geothermal project, Turkey
• Representation of International Finance Corporation on a series of seven solar power projects, Jordan. "Middle Eastern Renewables Deal of the Year" and "Overall Deal of the Year" IJ Global 2015
• Representation of the Lenders in connection with financing of Shams 1 solar power project, UAE. "Middle East Renewables Deal of the Year" Project Finance Magazine 2011

Energy and infrastructure sector representations:

• Representation of the Prysmian Group as an equity investor in connection with the US$900M SOO Green HVDC Link Project
• Representation of Terna SpA in connection with the establishment of a US subsidiary and entering into a joint venture agreement relating to the development, construction and financing of transmission line projects in the USA (ongoing)
• Representation of affiliates of LS Power in the sale of an interests in an owner of a coal-fired power generating plant in Texas, in connection with the restructuring of approx. US$1B of secured funded debt
• Representation of 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
• Representation of the Beal Bank as sole lender in a US$250M senior secured term loan to U.S. Well Services, a leader in electric hydraulic fracturing services and technology
• Representation of the Sponsors on US$990M project financing of the LNG import terminal, Bahrain. "LNG Deal of the Year" PFI 2017
• Representation of the International Finance Corporation and other lenders on the project financing of the first ever LNG facility in Port Qasim, Pakistan
• Representation of the Dubai Electricity and Water Authority with respect of procurement of a 2.4 GW clean coal power project in Dubai. "Middle East and Africa Power Deal of the Year" PFI 2016
• Representation of the Lenders, including commercial banks and export credit agencies in connection with the financing of the US$10B Emirates Aluminum Project, UAE. "Middle East Industrial Deal of the Year" PFI 2013
• Representation of the Lenders on US$1.2B financing of Indorama's nitrogenous fertilizer complex in Nigeria. "African Petrochemical Deal of the Year" PFI 2013
• Representation of the Abu Dhabi Commercial Bank on the US$180M refinancing/expansion of Abu Dhabi's Khalifa Port, UAE
• Representation of the Abu Dhabi National Paper Mill LLC, on its commercial banks/export credit agency financing, UAE