Tim Fourteau

Partner, Singapore

Biography

Overview

Tim Fourteau helps equity and debt investors navigate complex investments in power, infrastructure and oil & gas projects. He has a strong focus advising on power, petrochemical and LNG projects in Asia-Pacific. He has advised developers (including multinational power companies, trading companies and national and international oil companies), commercial banks, multilateral development banks and export credit agencies on transactions across the globe. He also has extensive experience on energy-related M&A and structured corporate financing transactions. He has lived in Singapore, New York City, Buenos Aires, Rio de Janeiro, London, Brussels and Paris.

Tim is an adjunct professor at the Sorbonne University Law School - Asia where he has been teaching a seminar on finance transactions since 2012.

Bars and Courts
New York State Bar
Education
JD
New York University School of Law
BA
Columbia College
Columbia University
Languages
English
French
Spanish

Experience

His experience includes representation of:

Power (renewables and conventional)

  • An international developer on its acquisition and joint venture negotiations with a Korean conglomerate in respect of an offshore wind project in South Korea.
  • Ghazanfar Group, as sponsor, on the development and financing of the 58.6 MW Mazar gas-fired power plant in Afghanistan, which is the first privately funded gas-to-power IPP in Afghanistan.
  • ADB, JBIC, Nippon Export and Investment Insurance, and the commercial bank lenders in the US$440 million project financing of the 80-MW Muara Laboh Geothermal Power Project in West Sumatra, Indonesia. This is one of the pioneer new generation geothermal projects undertaken under the Fast Track 2 program and one of the first projects to successfully negotiate the new, agreed bankable form of government support under the Fast Track 2 program.*
  • ADB JBIC, NEXI, and a consortium of commercial bank lenders in the US$701 million project financing of the 98.4-MW Rantau Dedap Geothermal Power Project in South Sumatra, Indonesia. This deal was named Geothermal Deal of the Year at IJGlobal Asia Pacific Awards 2018.*
  • Bank of Ayudhya PCL, Export-Import Bank of Thailand, Krung Thai Bank PCL, and Thanachart Bank PCL, in the approximately US$1.04 billion financing for the Xe-Pian Xe-Namnoy Hydroelectric Power Project, a 410-MW hydroelectric power facility in Lao PDR. This deal was named 2014 Project Finance Deal of the Year at The Asian Lawyer's inaugural Emerging Markets awards.*
  • A developer in the development and financing of a solar power project in Bangladesh.*
  • JBIC in the US$3.35 billion project financing of the 2 x 1000-MW ultra-supercritical coal-fired Tanjung Jati B 5 & 6 Power Project in Jepara, Central Java, Indonesia.*
  • Bangkok Bank Ltd and the commercial bank lenders in the US$2.97 billion financing of the Hongsa coal-fired mine-mouth power project, Thailand's largest project financing syndication to date and the first thermal power project in Laos.*

Petrochemicals

  • An international developer in the development and financing of a petrochemicals project in Malaysia.*
  • Jurong Aromatics Corporation Pte. Ltd. in the US$2.63 billion development and financing of the Jurong Aromatics petrochemicals project in Singapore. This deal was named Asia-Pacific Petrochemical Deal of the Year by PFI.*
  • PT Pertamina (Persero) in the US$25 billion upgrade and expansion of the Cilicap, Balongan, Plaju, Dumai, and Balikpapan refineries in Indonesia.*

LNG, LPG and other Oil & Gas Infrastructure

  • An infrastructure fund on its proposed acquisition of urban gas businesses in South Korea.
  • A developer on the proposed development of an LPG infrastructure project (including storage and bottling) in Bangladesh.
  • PT Pertamina EP Cepu in the US$1.84 billion project financing of gas processing facilities and pipelines located in Bojonegoro Regency, East Java, Indonesia. The deal was name Asia-Pacific Oil & Gas Deal of the Year by PFI.*
  • Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) in the US$3.75 billion project financing of the Tangguh Train 3 Project, which includes the development and expansion of a third LNG process train to the existing Tangguh LNG facility in West Papua, Indonesia.*
  • PT Pertamina (Persero) in the development and US$2.8 billion financing of the Donggi-Senoro LNG project in Indonesia. This project was awarded Asia Pacific Oil & Gas Deal of the Year at IJGlobal's Americas and Asia-Pacific 2014 Awards.

Other Infrastructure

  • Air Products and Chemicals, Inc. in connection with its plan to design, build, own, and operate a coal-to-methanol processing and production plant in Indonesia.*
  • A commercial bank in the development and financing of a data center project in South Korea.

*Experience prior to joining White & Case

Speaking Engagements

"Coal Phase-Out – Drivers towards Indonesia's Biomass & Co-Firing Development" at the Indonesia – Biomass & Co-Firing Opportunities Conference held on August 26, 2021

"Optimism Builds in Cambodia's LNG-To-Power Sector," July 14, 2021

"LNG to Power Projects in Asia-Pacific: Turning Prospects into Realities", March 11, 2021, a speaker for the White & Case Webinar Series on LNG to Power Projects in Asia-Pacific

Publications

Winds of change lift Indonesian renewables, The Business Times, June 2021

Prospects for LNG-to-power in Cambodia, White & Case, May 2021

LNG-to-Power in Cambodia, Project Finance International, Global Energy Report 2021

JTB Steps on the Indonesian Gas, Project Finance International, September 2019

Rantau Dedap Steams Ahead, Project Finance International, January 2019

Tangguh LNG Goes Domestic, Project Finance International, Global Energy Report 2017

Xe-Pian Plants a Milestone, Project Finance International, March 2014

Introduction to the Project Finance Market in South America, Latin Lawyer, 2010

Project Finance in Argentina, Latin Lawyer, 2010