Projects, Infrastructure & Energy
Asia-Pacific Guide 2024 : Vietnam
Band 3
Email address
[email protected]Contact number
+84 8 3910 0072About
Provided by DFDL
We provide a focused range of legal services to project developers, sponsors and financiers, international investors, regulators and policy development agencies, utility providers and other industry participants on energy and infrastructure projects across a broad geographic region. DFDL has advised on innovative projects and firsts for the region in project financings and other limited and non-recourse structures, securitizations and other receivables-based financing structures and hybrid structures, including:
- Power generation projects employing both fossil and non-fossil fuel generation (dual fuel, simple cycle, combined cycle, co-generation plants, wind farms and hydropower) including integrated gas-to-power projects
- Concession based projects (such as BOOT/BOO, PPP and other governmental agreements);
- Oil and gas fields
- Pipelines and transmission lines
- FSOs and FPSOs, including all related shipping and handling issues and FSO conversions and related shipping finance;
- Mine development;
- Port development;
- Multilateral and ECA supported financings;
- Major M&A transactions (including private equity investments), takeovers and IPOs; and
- Commercial dispute resolution (including international arbitration).
Chambers Review
DFDL's experienced team is known for acting as legal counsel on renewable energy projects, with particularly strong credentials in Vietnam's solar space, regularly assisting lenders, developers and sponsors. The firm also handles wind energy projects and has strong project development knowledge, including PPA and EPC contracts. DFDL works closely with counterparts across its extensive regional network to assist clients with power project financing in Vietnam. Clients include Aker Horizons, RATCH and DIF Capital Partners.
Work Highlights
- DFDL advised Aker Horizons on project development after it had purchased a 75% stake in Mainstream Renewable Power, which is developing an offshore wind power generation project in Vietnam.
Strengths
Provided by Chambers
"A number of partners have worked in firms overseas, so what they do well is bringing international experience to local markets."
"DFDL is really top-notch and responsive. The team responds to our enquiries and is responsive in terms of understanding issues and clients."
"A number of partners have worked in firms overseas, so what they do well is bringing international experience to local markets."
"DFDL is really top-notch and responsive. The team responds to our enquiries and is responsive in terms of understanding issues and clients."
Notable Practitioners
Jérôme Buzenet is the managing director at DFDL in Vietnam and is based in Ho Chi Minh City. He has broad expertise which encompasses financing of power projects and energy M&A. He is well placed to advise on wind energy projects.
"Jérôme is very personable and brings the international aspects to the work that we do together."
"He provides good overlay for commerciality and translating things in terms of assessing the risk and exposure of the issues."
Martin Desautels is a senior partner at DFDL Vietnam. He is noted for his significant expertise in energy project development and financing, often advising power companies as well as other investors and banks. Based in Vietnam, he was previously located in Cambodia and has extensive experience of its market.
Phong Anh Hoang is a partner at DFDL Vietnam, based in Hanoi. He advises clients on project financing and development, including in relation to solar and wind power.