Davies, Owain T.

Owain T. Davies

Partner

owain.davies@lw.com
    Davies, Owain T.

    Owain T. Davies

    Partner

    owain.davies@lw.com

    Profile

    Owain Davies advises on the development and financing of energy and infrastructure projects, and has represented project owners, sponsors, and lenders on many of the largest and most high-profile projects in the Asia-Pacific region.

    Mr. Davies has more than two decades’ experience advising project owners and sponsors on the key project contracts required for the development of major energy and infrastructure projects, and on related project financing arrangements. He regularly advises on complex first-of-their-kind projects, helping project developers navigate the unique challenges faced by these pioneering and market-defining projects.

    He also has extensive experience advising lenders and investors on debt and equity participation in energy and infrastructure projects, with a focus on the identification and analysis of potential risks and issues for lenders and investors, and the development of mitigation strategies.

    Mr. Davies has particular experience and expertise advising on: 

    • liquefied natural gas (LNG) export and import projects, including onshore and floating liquefaction, regasification, and storage facilities
    • power projects, including renewables (geothermal, solar, wind, hydro, and biomass), nuclear and conventional thermal power projects, (including LNG-to-power) projects
    • oil refinery and petrochemicals projects, including numerous world-scale new-build and expansion projects
    • mining and natural resources projects, including iron ore and zinc mining projects, and coal gasification projects

    Experience

    Mr. Davies' experience includes advising:

    • Ichthys LNG Project, Australia — advising the lenders on the US$20 billion project financing of the Ichthys LNG project, the largest project financing ever taken to market globally
    • LNG Import Terminal Project, Philippines — advising the project owner on the development of an LNG import terminal in the Philippines
    • LNG-to-Power Project, Philippines — advising the project owner on the development of a new-build LNG-to-power project
    • Bengalon and Tanjung Enim Coal Gasification Projects, Indonesia — advising Air Products on the development of the first coal gasification projects in Indonesia, part of a US$15 billion investment to assist the Government of Indonesia to reduce LNG imports and develop a green economy by cleanly converting coal into high-value products with low emissions 
    • Sarulla, Muara Laboh, and Rantau Dedap Geothermal Power Projects, Indonesia — advising JBIC, ADB, and other lenders on the development and financing of the Sarulla, Muara Laboh, and Rantau Dedap geothermal power projects in Sumatra, Indonesia 
    • Mong Duong II Power Project, Vietnam — advising the lenders on the development and financing of the 1,200 MW Mong Duong II power project — the largest independent power project ever undertaken in the country, and the first financing for an independent power project in Vietnam since 2003
    • Roy Hill Iron Ore Project, Australia — advising Roy Hill Holdings on the project financing for the Roy Hill 1 iron ore project in Pilbara, Western Australia — one of the largest integrated mining projects in the world, consisting of the development of a very large high-grade iron ore deposit and the construction of the supporting port and rail infrastructure 
    • Uch II Power Project, Pakistan — advising International Power and the project company as sponsor/borrower in the US$390 million development and financing of the Uch II power project — the first IPP facility put together under the new power policy introduced by the Pakistan government in 2002, and involving a shari’ah-compliant financing and mixed conventional/Islamic financing
    • Rabigh Refinery Expansion and Petrochemicals Project, Saudi Arabia — advising Sumitomo Chemical on the US$9.8billion development and financing of an integrated oil refinery and petrochemicals complex in Saudi Arabia (a joint venture with Saudi Aramco). This project was named 2006 “Middle East Project Finance Deal of the Year” by International Financial Law Review* 

    Qualifications

    Bar Qualification

    • England and Wales (Solicitor)

    Education

    • Postgraduate Diploma in Legal Practice, College of Law, London, 1999
    • Bachelor of Law (Hons), King's College London, 1998

    Languages Spoken

    • English

    Practices

    Industries

    News & Insights

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