Yan is a partner in the Project Development and Finance Group in New York. His practice focuses on the financing, acquisition and divestiture of domestic and international projects in the renewable energy, conventional power, oil & gas, petrochemical and infrastructure sectors, with a particular focus on projects in the US.
Yan has extensive experience across the financing spectrum, including syndicated loans; term loan B financings; project, leveraged, acquisition, structured and hybrid finance; mezzanine and subordinated debt finance; cashflow and asset-based lending; and direct lending and private credit transactions.
Yan is dual-qualified and combines a versatile and sophisticated understanding of domestic and cross-border New York and English law transactions, including constantly evolving legal and market practice differences and nuances, with practical experience and in-depth knowledge of hybrid finance structures as well as the commercial arrangements that underpin energy and infrastructure transactions. Yan has worked on several first-of-their-kind, award-winning financings across multiple jurisdictions, including the US, Latin America, Europe, Asia and the Middle East.
Yan's expertise also extends to defaulted financings and restructurings, including debtor-in-possession and exit financings and workouts.
Representation of sponsors on the US$738 million financing of the 950 MW Trumbull Energy Center in Ohio. The financing included a senior construction and term credit facility, a mezzanine credit facility provided by direct lenders, and equity contributions. This transaction was awarded "North America Power Deal of the Year" by IJGlobal 2023.
Representation of arranger on the US$1.24 billion term loan B ("TLB") financing to Parkway Generation for the acquisition of interests in a 4.8 GW power generation portfolio with assets in New Jersey and Maryland.
Representation of Indian multinational education technology company BYJU'S on a US$1.2 billion TLB financing. This transaction was the largest unrated TLB in Asia at the time.
Representation of TC Energy in a US$2.3 billion senior unsecured revolving loan financing for its wholly owned subsidiary TC Energía Mexicana to refinance the TGNH Southeast Gateway Pipeline in Mexico.
Representation of arrangers on two independent TLB financings totaling US$1 billion to Generation Bridge for the acquisition of interests in a 4.9 GW and 1.9 GW power generation portfolio with assets in California, New England, and New York.
Representation of Sempra Infrastructure Partners and TC Energy on a US$1.56 billion senior unsecured term loan financing for their wholly-owned joint venture Infraestructura Marina del Golfo to refinance Sur de Texas-Tuxpan, Mexico's first undersea pipeline connecting the country with the US.
Representation of Antin Infrastructure Partners on the US$700 million financing for its acquisition of Veolia's district energy assets in the US.
Representation of Bank of China on the US$800 million financing of the YCI methanol plant in Louisiana.
Representation of arrangers on the US$555 million financing of the 1.1 GW New Covert power project in Michigan.
Representation of lenders on the refinancing of the Caucedo Port Project in the Dominican Republic.
Representation of EIG in the debt and equity financings and restructuring of Limetree Bay refinery and terminal in the US Virgin Islands.
Representation of lenders on the negotiation, structuring, and execution of a complex and highly contentious recapitalization and restructuring process for distressed midstream assets in the Permian Basin of the US.