Christopher Taufatofua
20 Fenchurch Street
24th Floor
London EC3M 3BY
United Kingdom
Chris Taufatofua has developed significant and wide ranging experience of advising lenders, sponsors, governments and contractors on a variety of international transactions across the energy, power, infrastructure and renewables sectors.
Chris is named as a “Next Generation Partner” for both Emerging Markets and Power (including Electricity, Nuclear and Renewables) by Legal 500 UK. He received his law degree and his business degree from Queensland University of Technology.
Experience Highlights
GNA1 and GNA2 on all aspects of the structuring and project development and financing of two natural gas hub and power projects located at the Port of Açu, Brazil
Party delegate (Kingdom of Tonga) to UNFCCC and COP processes including in relation to the negotiation of the Paris Agreement and the Katowice Rulebook
A consortium led by Apollo Global Management Inc. and its subsidiaries in connection with the long-term strategic investment entered into with The Abu Dhabi National Oil Company for an underlying real estate portfolio valued at $5.5 billion
Blackrock Renewables Power in relation to the development with Daimler and NextEra Energy of a charging network for medium and heavy duty battery electric and hydrogen fuel cell vehicles across the US
Arke in connection with the development of the Marlim Azul gas terminal in Brazil
The lenders (including ECAs and Islamic finance institutions) in connection with the approximately $12.5 billion financing for the Sadara integrated petrochemicals complex in the Kingdom of Saudi Arabia
BlackRock and KKR on their landmark partnership with ADNOC in connection with a $4 billion midstream pipeline infrastructure agreement
EVGo in relation to the development with General Motors and Flying J of 2000 350kW EV charging stalls across the US
Compass in relation to the negotiation of gas supply arrangements in Sao Paulo, Brazil
New Fortress Energy in connection with the acquisition of Golar LNG Partners LP and Hygo Energy Transition Ltd. in Brazil
JBIC, PIF and the lenders on Phase II of Sumitomo Corporation’s $5.2 billion expansion project for the PetroRabigh Refining and Petrochemicals Project in Saudi Arabia
Turkish Wealth Fund and Ziraat Bank in relation to the restructuring of the holding company shareholder arrangements, the related debt facilities provided by Ziraat Bank and TWF’s acquisition of 26.2% of the shares of Turkcell İletişim Hizmetleri A.Ş. through its entrance into a series of transaction agreements with, among others, Telia Company, LetterOne, Çukurova Holding and Ziraat Bank
Lenders on the acquisition of Fortum Distribution AB by Borealis
European Bank for Reconstruction and Development, Overseas Private Investment Corporation and International Finance Corporation, in their first co-lending experience in connection with the financing of the $400 million financing of the 252MW Lekela West Bakr Wind Project located on the Gulf of Suez in Egypt
The sponsors on the 500MW Greater Gabbard Offshore Wind Farm Project, including in respect of the turbine supply, EPC, service and maintenance, PPA and finance arrangements
The lenders in connection with the 300MW Thanet Offshore Wind Farm Project
A consortium (including AES) on the 170MW Kavarna onshore wind farm project, Bulgaria
Sun Edison in relation to a 60MW (IFC and OPIC financed) solar project in Bulgaria
The sponsor on a waste-to-energy project in the United Kingdom including on the acquisition of landfill sites and waste supply arrangements
The sponsor on a waste-to-energy project in the United Kingdom including the installation of power generating plants at an existing waste-to-energy and landfill site
The sponsors in relation to a potential landfill and waste-to-energy project in Sri Lanka
The World Bank in relation to the Lake Turkana wind project in Kenya
The contractor in relation to Noor II/III Solar Power Projects in Morocco
The lenders in relation to the Gulf of Suez Wind Farm Project in Egypt
CEZ A.S. and Akenerji on the project financing through IFC of four hydropower projects (Feke I, Feke II, Himmetli, Gokkaya and Saimbeyli) in Turkey
Eon on their sale of their UK electricity networks business to PPL, the US utility
Vattenfall in relation to acquisition of n.v. Nuon PLB Holding including advising in relation to construction, commercial, supply and operation arrangements
Vattenfall in connection with the proposed acquisition of Essent including advising in relation to construction, commercial, supply and operation arrangements
A vendor in connection with proposed sale of its power generation business which includes, inter alia wind and solar power facilities
The sponsors on the negotiation of the EPC arrangements and the development and financing of the Sinop Nuclear Power Project in Turkey
The lenders on a bid for the development, construction and operation of two nuclear power reactors in the Kingdom of Saudi Arabia
GIG on the development and financing of a portfolio of wind and solar power projects in Brazil, including the negotiation of a first-of-a-kind USD denominated PPA
EBRD, IFC and commercial lenders in relation to the restructuring of the Kavarna windfarm in Bulgaria
Apollo Global Management in connection with the $1 billion acquisition of a global portfolio of renewable power projects
Sarulla Operations Limited in relation to the project financing of the 330 MW geothermal power project in Indonesia
Lenders in relation to a solar project in Chile
Size of Wales project in relation to the Mbale Trees programme in Uganda
Advising in relation to the structuring and development of a carbon credit linked mechanisms in the Solomon Islands
The sponsors in relation to the development of a sustainable aviation fuels business in the US
Standard Microgrid Initiatives Limited on securing operating rights to provide electricity to rural communities in Zambia, utilising output excesses from the Chitumba solar milling plant in Chongwe
BOC, an industrial gases provider and a member of The Linde Group in connection with its two-carbon capture and storage projects in the UK
The sponsor in connection with the development of carbon sequestration project in the USA
The purchaser in relation to the proposed acquisition of a stake in an E-methanol project in Europe
The lenders in relation to a proposed green steel project in the US
The sponsor in relation to the development of a green hydrogen import project in Chile
The sponsor in relation to the development of a green ammonia project in Europe
The purchaser in relation to the proposed acquisition of a stake in a voluntary carbon credits platform
The sponsor in relation to the proposed development of a green steel project in Europe
The lenders in relation to the development of a EV battery manufacturing plant in Europe
A Turkish sponsor in relation to the development of a pump storage project in Turkey
The World Bank and West African Power Pool in relation to the development and financing of the CLSG transmission line across Ivory Coast, Liberia, Sierra Leone and Ghana
Trafigura S.A. in connection with LNG Sale/Purchase Agreements with Cheniere
A buyer in connection with a long-term LNG sale and purchase agreement with Sabine Pass LNG for regasification in Asia
The sponsor on the development of an LNG storage and regasification project to be located in the Netherlands
The sponsor on the development of an LNG to power project to be located at the Port of Pecém, State of Ceará, Brazil
The sponsor on all aspects of the structuring and project development of an LNG storage and regasification terminal to be located at the Port of Suape, Brazil
The sponsors and borrower in the project financing of the CELSE LNG to Power Project in Porto Sergipe, Brazil
The lenders in relation to the HoldCo financing of an LNG-to-power project in Brazil
The lenders in the acquisition of 11 LNG infrastructure vessels owned by New Fortress Energy (NFE) by a newly formed joint venture between funds managed by Apollo Global Management and NFE
New Fortress Energy on the negotiation and documentation of all LNG supply arrangements in connection with New Fortress Energy’s natural gas supply and power generation operations in Jamaica, Puerto Rico, Mexico and Nicaragua
New Fortress Energy in connection with the JPS LNG to power project in Jamaica
GNLQ in connection with the GNL Quintero LNG import terminal in Chile
The lenders in connection with an FLNG facility in Mexico
The lenders in connection with the Woodfibre LNG liquefaction project in Canada
Tüpraş in relation to the ECA backed financing of its refinery upgrade project in Turkey
Flex LNG: Advising Flex LNG in relation to the EPC arrangements for five FLNG vessels with Samsung Heavy Industries, the development of upstream assets, the purchase of natural gas
The Lenders and ECAs in relation to the OTCP project in Ghana
The Lenders in connection with the acquisition of a refinery in Brazil
Koc/ Tüpraş in relation to a parallel conventional and Islamic financing with QInvest and other Islamic bank participants
Koc/ Tüpraş in relation to an Islamic financing with ITFC
BNP, SACE and the other lenders on the $2.8 billion expansion financing, and the related $500 million inventory financing, for the Grupa Lotos-Gdansk Refinery in Poland
Essar Oil UK Limited on the $2 billion inventory financing of the Stanlow Refinery in the UK
Lenders in relation to Glencore oil and gas receivables borrowing base financings in Singapore, UK and the US
KNOC on its acquisition of crude oil development and exploration rights in Kurdistan
Bendis in relation to the Gazdepo and Toren underground gas storage projects in Tarsus, Turkey including the negotiation of EPC arrangements for the construction of the storage facilities
A JV (Norwegian and Brazilian construction and petrochems companies) in relation to EPC arrangements in respect of a Brazilan FPSO project
GIP and the lenders in relation to the HoldCo financing to Yinson Bergenia Consortium for FPSO Maria Quitéria Project
The Initial Purchasers in Connection with Energean’s $750M High Yield Bond Offering and $350M Term Loan Facility
The Export Credit Agencies and commercial bank lenders on the $4 billion financing of the SNE deep water oil field located within the Senegalese portion of the Mauritania-Senegal-Guinea Bissau Basin
The lenders in relation to several RBLs with Glencore in West Africa
The lenders in relation to a hybrid RBL structure with Vitol in Ghana
The sponsors in relation to a proposed RBL facility in Brazil
The lenders in relation to the acquisition and expansion financing of the Iskenderun port privatisation by Limak
Ziraat Bank in relation to a $1.6 billion secured debt financing to enable Çukurova Finance International Limited (“CFI”) to repay an existing defaulted $1.4 billion financing ultimately used by CFI to acquire a controlling shareholding in Turkcell, Turkey’s leading telecoms company from ATT
The lenders in relation to a proposed chip manufacturing project in Europe
Lenders in relation to the acquisition of telecoms infrastructure in Europe
BlackRock and KKR on their landmark partnership with ADNOC in connection with a $4 billion midstream pipeline infrastructure agreement
A consortium led by Apollo Global Management Inc. and its subsidiaries in connection with the long-term strategic investment entered into with The Abu Dhabi National Oil Company for an underlying real estate portfolio valued at $5.5 billion
An ECA and Lender Syndicate in connection with the financing of a cement manufacturing facility in Pakistan
The KRG in relation to EPC and financing arrangements for two water projects in Erbil and Sulaymaniyah in Kurdistan
Borealis in the acquisition of the HS1 in the UK
Arrow in relation to construction arrangements on the Nottingham Express Transit
Land Securities Trillium on the Rioja portfolio financing. This also included a wide range of hospital assets in the UK. Project due diligence included an extensive description and analysis of the UK PPP healthcare regime
Royal Bank Investments Limited (the private equity arm of RBS) in the sale of its stake in Southern Water
The winning consortium in its bid to finance, design, construct, operate and maintain a tollroad in Brisbane, Queensland
The lenders in relation to the financing arrangements with TFL and TranSys
The lenders in relation to financing arrangements in respect of Budapest Airport
The financiers to the successful consortium for the Rolling stock PPP in NSW
The sponsors (CEZ, Akenerji, Akkök and SEDAS) in relation to the implementation of long-term financing to replace the acquisition financing originally used by Akcez (borrower) to purchase SEDAS (power distribution and sales company) in the first round of Electricity Distribution Privatisations from TEDAS (Turkish Government Entity)
The lenders in relation to EPC and construction arrangements for development of power plant in Turkey
The project company on SEC’s $2 billion Riyadh PP-11 IPP in Saudi Arabia. The financing comprised commercial bank lenders, two senior Islamic tranches and a direct loan from US Ex-Im, as well as equity bridge financing including an Islamic Murabaha tranche
The mandated lead arrangers (including Islamic banks) providing $3.5 billion finance in support of a bid by a consortium for the Rabigh IPP in Saudi Arabia, including in respect of IWPP arrangements
The bidders for the Marafiq and Shuweihat IWPPs in Saudi Arabia and Abu Dhabi respectively, including advising on the EPC/O&M arrangement
An international institutional infrastructure and energy investor in relation to the development of a lignite fired power plant
The lenders on the $2.5 billion financing of AES of the Maritza 1 power project in Bulgaria through EBRD, MIGA, Coface, Hermes and a consortium of commercial banks; advising EBRD, the Steering Committee and the lenders on the restructuring of the project
SACE and SG on the acquisition and refinancing for ContourGlobal of the $1.5 billion Maritza 3 power plant in Stara Zagora, Bulgaria
The KRG in relation to gas-fired power projects in Kurdistan
Aggreko in respect of EPC arrangements on a gas fired power project in Mozambique that included power wheeling arrangements into South Africa under the SAPP structure
Credentials
- College of Law Queensland, Grad Dip., 2005
- University of Technology, LLB. Bbus, 2004
- Legal 500 UK, “Next Generation Partner” for Emerging Markets and Power (Including Electricity, Nuclear and Renewables), 2023
- Legal 500 UK, “Next Generation Lawyer” for Emerging Markets and a “Rising Star” in Power, 2021
- England and Wales
- High Court of Australia
- New South Wales
- Tongan
- InsightSeptember 26, 2024
Published by IFLR
- InsightJuly 24, 2024
Published by LNG Industry
- InsightMay 30, 2024
V&E Energy Update
- InsightMay 24, 2024
Published by Funds Europe
- InsightMay 8, 2024
Published by PFI
V&E Energy Update
- InsightApril 2, 2024
Published by ESG Investor February 16, 2024
- InsightDecember 19, 2023
- InsightDecember 7, 2023
Published by LNG Industry
- InsightDecember 5, 2023
Published by IFLR
- InsightNovember 20, 2023
- Press ReleaseOctober 16, 2023
- Co-authored the Global Overview chapter for the Getting the Deal Through: Renewable Energy 2021 Guide, a chapter on “Risk Allocation” in “International Project Finance – Law and Practice”, Oxford University Press