Dan Feldman

Overview

Dan Feldman is a partner in the Project Development & Finance practice. He also currently serves as the firm’s Co-Head of Energy Innovation and Leader of the Global Hydrogen / Ammonia Industry Team.

Dan focuses on green energy (including renewables and hydrogen), oil and gas (upstream, midstream and downstream) and power and infrastructure megaprojects around the world.

Dan has been identified by Chambers Global, Legal 500, Who’s Who Legal and Law 360 as a leading lawyer and his team is ranked Band 1 by Chambers 2022 and Legal 500.

Dan also acted on Project Finance International’s Global Deal of the Year 2021; and he was recently named Law360’s 2022 global MVP for project finance.

Dan represents corporate, government and institutional clients including NEOM, ADNOC, Fortescue Future Industries, JERA, Chevron, Uniper, OCP, Air Liquide, PETRONAS, Reliance Industries Limited, EverWind Fuels, Emirates Global Aluminium, TAQA, EWEC, JBIC and The Dow Chemical Company.

Experience

Energy Transition

NEOM Company, Saudi Arabia’s new city gigaproject development company, on a $6.5 billion green energy joint venture with ACWA Power and Air Products that will incorporate the region’s largest wind and solar renewables production projects (4GW in total), as well as a ground-breaking green hydrogen / green ammonia export project. Awarded Green Project of the Year at the Global Hydrogen Summit 2021
Fortescue Future Industries on a transaction with E.ON for the sale of to 5 million tonnes of green hydrogen per year, as well various other transactions, projects and mandates
A supermajor international integrated energy company on the world’s largest offshore carbon capture and storage exploration and development projects
Uniper on offtake from the Hyport Duqm Green Ammonia Project in Oman
JERA on its program to import clean ammonia to Japan for co-firing in thermal power plants to decarbonise the Japanese electricity system
ADNOC on the world’s largest ammonia export megaproject
OCP on a green ammonia pilot project with Shell in Morocco
EverWind Fuels, a company established by the co-founder of Stonepeak Investment Partners, on Canada’s first green hydrogen / export megaproject, in Nova Scotia
Casa Dos Ventos and Comerc on a joint venture to produce and market green hydrogen in Brazil
The lenders on the $12.5 billion joint venture for the Jazan IGCC / ASU project, the largest grey hydrogen project in the world. Awarded Global Deal of the Year at the PFI Awards, 2021; and MENA Hybrid Energy Deal of the Year at the IJGlobal Awards 2021
Ardian on hydrogen investment and incentive strategic matters

Oil & Gas and Petrochemicals

The Dow Chemical Company on the $10.5 billion financial and commercial restructuring of its joint venture with Saudi Aramco in relation to the $20 billion world-scale integrated Sadara chemicals complex in Saudi Arabia. Awarded MENA Petrochemicals Deal of the Year at the IJGlobal Awards 2021
ADNOC on a on a $10 billion greenfield petrochemicals project in India
ADNOC on the $80 billion greenfield Ratnagiri integrated refining and petrochemicals project in India
ADNOC on a greenfield crude-oil-to-chemicals project in Indonesia
PETRONAS in relation to its $28 billion RAPID integrated refinery and petrochemicals project in Pengerang, Malaysia, including the $7 billion acquisition of an interest by Saudi Aramco in parts of the project
The Dow Chemical Company in relation to the joint venture, feedstock, marketing and other core commercial arrangements for the $20 billion Sadara Integrated Refinery project carried out with Saudi Aramco in Jubail, Saudi Arabia
Indorama Public Ventures, the world’s largest polyester producer, on the $3.5 billion Tacaamol greenfield petrochemicals project in Abu Dhabi, UAE
Reliance Industries Limited on the proposed acquisition by Saudi Aramco of an interest in the global oil-to-chemicals business
Air Liquide on its joint venture with TAQA in Saudi Arabia
The Dow Chemical Company on its $150 million joint venture with Al Hejailan to establish a downstream petrochemicals facility in Saudi Arabia
BAPCO on the $6.5 billion upgrade and expansion of the Bahrain Refinery
Sharjah NOC on the Sharjah LNG project and numerous other matters
ADNOC in relation to its contractual arrangements relating to feedstock supply and product distribution and sales
ICIG on the acquisition of a large portfolio of petrochemical production assets from INEOS
Dolphin Energy Limited on gas supply arrangements for key UAE utilities
A consortium of investors in the potential acquisition of a large portfolio of midstream LNG assets in the Americas and Europe, including liquefaction terminals, marketing and shipping capabilities and assets, and power assets
The Dow Chemical Company in relation to the arrangements for shared facilities and services, utilities and operational arrangements for the $1.6 billion sale of the plastics, rubber, and latex “Styron” businesses to Bain Capital
The Dow Chemical Company in relation to the structuring of core infrastructure and service contracts and arrangements agreements for a $11 billion petrochemicals joint venture between Dow and the Petrochemical Industries Company of Kuwait
Sonangol in relation to various aspects of the Angola LNG Project
Dragon LNG on all aspects of the development and financing of its import terminal in Wales, UK

Metals & Mining

Emirates Global Aluminium on a $1.6 billion bauxite mine and related infrastructure in Guinea
Mubadala on its acquisition of various energy and mining assets from EBX in Brazil

Power and Renewables

NEOM Company, Saudi Arabia’s new city gigaproject development company, on a $6.5 billion green energy joint venture with ACWA Power and Air Products that will incorporate the region’s largest wind and solar renewables production projects (4GW in total), as well as a ground-breaking green hydrogen / green ammonia export project. Awarded Green Project of the Year at the Global Hydrogen Summit 2021
The lenders on the $12.5 billion joint venture for the Jazan IGCC / ASU project, the largest grey hydrogen project in the world. Awarded Global Deal of the Year at the PFI Awards, 2021; and MENA Hybrid Energy Deal of the Year at the IJGlobal Awards 2021
ADNOC on the world’s largest blue hydrogen / ammonia megaproject, combining grey hydrogen production with carbon capture and sequestration
EWEC on the acquisition, financing and restructuring of 6.5GW of power assets owned by Emirates Global Aluminium and the related supply of lower-carbon power for aluminium production
Masdar on a 230MW solar plant development and financing in Azerbaijan
Uniper on offtake from the Hyport Duqm Green Ammonia Project in Oman
OCP on a green ammonia pilot project with Shell in Morocco
Fortescue Future Industries on a significant strategic green hydrogen transaction
Ardian on hydrogen investment and incentive strategic matters
EWEC on the procurement and financing of the Shuweihat S4 IWP in Abu Dhabi
Lenders in relation to the $3 billion 2,525 MW / 136.5 MIGD “Facility D” IWPP in Qatar, which was awarded Project Finance Deal of the Year 2016 by IFLR
Lenders in relation to the Mitsui / Engie bid for the 2,300 MW / 105 MIGD "Facility E" IWPP in Qatar.
Masdar and Bee’ah on the development and financing of the pioneering Sharjah Waste-to-Energy Project in Sharjah, UAE
Masdar on its development and financing of the 158 MW Čibuk 1 Wind Farm in the Republic of Serbia
The sponsors on the development and financing of the Northern Emirates CCGT project
Masdar in relation to various investments in renewables projects in Europe
Lenders in relation to the Musandam IPP, Barka 3, Salalah and Sohar IWPPs in Oman
A Californian start-up on a major innovative solar oil project in Oman
Lenders in respect of the EPC and other infrastructure and service-delivery contracts for the Al Dur IWPP in Bahrain
Lenders in respect of the project structuring and documentation for the proposed coal mine and 4,000 MW power station projects at Mmamabula in Botswana

Other

Jaguar Land Rover in relation to a proposed $5 billion greenfields manufacturing project in Saudi Arabia
A co-joint venturer in the construction of the $2 billion Abu Dhabi Louvre Museum project, in relation to the joint venture arrangements

Of Note

Awards & Accolades

Named by Law360 as 2022 global MVP for project finance.
Listed by Chambers Global for Middle East-wide Projects & Energy (2021 / 2022)
‘Recommended’ by Legal 500 EMEA 2021 for UAE Oil, Gas and Natural Resources
Highly regarded for Project Development & Finance by IFLR1000 2022
“Dan Feldman is emerging as a go-to lawyer for Middle Eastern energy and infrastructure projects, and is known for his work advising on the full life cycle of power deals” – Chambers Global 2022
“Dan is impressive, thoughtful and organised. He's a great problem solver who is extremely knowledgeable about us and the Middle East region” – Chambers Global 2022
“Dan is great, he's really user-friendly and very responsive. He's a real pleasure to deal with” – Chambers Global 2022
“Dan Feldman is always available to receive comments and respond back promptly while providing complete answers. We feel we are talking to the expert” – Legal 500 EMEA 2021
Dan Feldman is a “key name in the practice” – Legal 500 EMEA 2021
“Dan Feldman provides a comprehensive legal opinion, with attention to detail and the ability to explain intricate legal points in simple business terms” – Legal 500 EMEA 2021
“Dan Feldman has a strong background in project development and finance” – Legal 500 EMEA 2021
Listed in Who's Who Legal 2020 as a Recognized Practitioner in Project Finance
Highly regarded for Project Development & Finance by IFLR1000 2021
Ranked by Legal 500 EMEA 2019 as a “Next Generation Lawyer”
Listed in Who’s Who Legal 2018 as an “Expert” in Energy Law
Named by Law360 2016 as a “Rising Star” noted for his “skillful handling of ambitious and complex industrial and infrastructure megaprojects” and his use of “novel structures and innovative financing arrangements”