Chirag K. Dedania

Partner
New York
  • 1271 Avenue of the Americas
  • New York, NY 10020
  • USA
Profile Experience

Chirag Dedania is the Local Chair of the Finance Department in the New York office of Latham & Watkins. He is a member of the Project Development & Finance Practice.

Mr. Dedania primarily advises on project finance transactions in the power, LNG, and infrastructure sectors, with a focus on commercial loans, syndicated loans, and private placements. Mr. Dedania’s clients regularly include commercial and investment banks, private equity, corporate and mezzanine sponsors, and private debt funds.

Mr. Dedania has been recognized by Chambers USA as an Up and Coming lawyer in the Projects category, and as a Rising Star in the field of project finance by Law360.

Mr. Dedania’s experience includes representing:

Energy Transition

  • ArcLight Capital Partners in connection with numerous portfolio company, commercial bank, private placement, and other financings, including:
    • Multiple financings in connection with their interests in the Sydney Murray Hydro facility in Louisiana
    • A term loan A financing of their Leeward Renewables portfolio
  • Orion Energy Partners in connection with multiple senior secured financings, including:
    • The acquisition over US$500 million financing, construction and conversion of the Bakersfield Refinery into a biofuels refinery
    • The financing of a plastics recycling company
  • The coordinating lead arrangers and lenders in connection with the 2021 US$1.75 billion term loan A financing of Calpine’s Geysers geothermal portfolio in California
  • The lenders in connection with the US$450 million Topco Secured Financing led by QIC of Cypress Creek Renewables
  • Avenue Capital / Middle River Power in connection with the approximately US$325 million term loan A financing of the Coso geothermal assets
  • The note purchasers in connection with a 4(a)(2) private placement of Duke's Texoma wind portfolio

Thermal Power

  • ArcLight Capital Partners in connection with numerous portfolio company, commercial bank, private placement, and other financings, including:
    • The over US$1.2 billion acquisition financing of the Parkway Generation Assets from PSEG
    • The over US$400 million acquisition financing of the Generation Bridge II Assets from PSEG
  • Avenue Capital / Middle River Power in connection with numerous portfolio company, commercial bank, private placement, and other financings, including:
    • An acquisition financing in the term loan A market of their Tracy, Hanford and Henrietta gas-fired projects
    • A refinancing in the term loan A market of their High Desert gas-fired project in California
    • A private placement of notes in connection with their Big Sandy and Wolf Hills gas-fired projects in PJM
    • An acquisition and subsequent private placement of debt in connection with numerous gas-fired projects in California
    • A refinancing in the term loan A market of a portfolio of geothermal assets in California
  • Multiple lenders and arrangers across from Strategic Value Partners and GenOn, including:
    • The joint lead arrangers in connection with GenOn’s Heritage power portfolio financing in the term loan B market
    • The lead arranger in connection with GenOn’s Bowline financing
    • The lenders in connection with GenOn’s Ormond Beach and Ellwood financing
    • The lenders in connection with GenOn’s Lanyard financing
  • The joint lead arrangers in the term loan B refinancing of the Linden power project in NJ
  • The joint lead arrangers in multiple term loan B refinancings of Tenaska Power’s TPF II and Astoria portfolios and the construction financing of the Covert gas-fired power plant
  • The joint lead arrangers in connection with Ares’ Channelview financing in the term loan B market
  • The arrangers and lenders in connection with the acquisition by LS Power of the Aspen Power portfolio, including the Chambersburg gas-fired power plant
  • The borrower/issuer in the term loan A construction financing of Invenergy’s Lackawanna Power Project, an approximately 1,485 MW project
  • Energy Capital Partners in the acquisition and acquisition financing in the term loan B market of a portfolio of waste-to-energy facilities
  • Orion Energy Partners in connection with a senior secured loan to Martin Energy Group to build power generation assets in Puerto Rico

LNG

  • Venture Global in connection with multiple assets and financing, including:
    • The term loan A financing of its US$5.7 billion term loan A project financing for Calcasieu Pass LNG
    • The bond refinancings for Calcasieu Pass LNG
    • The over US$9 billion Plaquemines LNG project financing
  • Cheniere in connection with over US$15 billion in commercial bank and bond offerings in connection with Cheniere Energy Partners, L.P., and its subsidiaries and projects (including the Sabine Pass liquefaction terminal, Sabine Pass regasification terminal, and Creole Trail Pipeline)
  • Dominion Energy in the US$3 billion commercial bank financing of the Cove Point liquefaction project
  • Blackstone Energy Partners in connection with its sale of equity in Cheniere Energy Partners to Brookfield and Blackstone Infrastructure Partners, along with multiple 4(a)(2) private placement back-leveragings of upstream equity

Oil and Gas; Midstream

  • ArcLight Capital Partners in connection with multiple financings, including:
    • The term loan B and revolving construction financing of the Limetree Refinery and Terminal in St. Croix
    • The term loan A construction financing of the Delta House floating production system in Louisiana
    • The term loan B and ABL financing of Gulf
  • The joint lead arrangers in the term loan B, term loan A, and revolving acquisition financing of Brookfield’s acquisition of Enbridge’s pipeline assets in Canada
  • The note purchasers in connection with a 4(a)(2) private placement back-leveraging of OMERS’ acquisition of an interest in the BridgeTex pipeline
  • The joint lead arrangers in the term loan B and revolving acquisition financing of Blackrock’s acquisition of the Glass Mountain pipeline
  • The borrower in the term loan A construction financing of ONEOK and Fermaca’s Roadrunner Natural Gas Pipeline running from Texas to Mexico
  • GSO Capital Partners in multiple second lien financings, including for Ascent Resources – Utica, LLC (formerly known as American Energy - Utica, LLC) and Legacy Reserves

Infrastructure

  • AMP Capital and CDPQ in connection with the Tillman Infrastructure first lien tower portfolio financing
  • AMP Capital in connection with multiple holdco financings for EdgeConnex, Inc.
  • AMP Capital in connection with a holdco financing of Vertical Bridge’s tower portfolio financing
  • Orion Energy Partners in multiple senior secured financings, including for Caliche Coastal, the Keystone terminal, Tiger Group and Highland Pellets
  • Brookfield in connection with the refinancing of the Keystone terminal
  • The borrower/issuer in the 4(a)(2) note and bank refinancings of the Wind Energy Transmission Texas transmission line
  • The note purchasers in connection with Trans Bay Cable’s refinancing of its transmission line
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