Practice areas

M&A; Outbound investment; Power & energy; Project finance

Introduction

Chai Jie is a senior partner at Tian Yuan Law Firm. He obtained his LLB from Peking University and – after being honoured with a scholarship – his LLM from Tulane Law School.

Before joining Tian Yuan, he was counsel for Metallurgical Corporation of China, serving as general manager of its legal department. In the 1990s, the Chinese government appointed him to the Compensation Working Group advising the nation’s citizens and companies in their claims for damages suffered from the Gulf War before the UN.

Chai’s practice covers a wide range of outbound and inbound transactions, including cross-border M&A, FDI, ODI, acquisition finance and project finance matters, and he has extensive experience providing legal advice on investment into and development and construction of major power, mining and natural resources projects, as well as experience across a wide range of other industries.

He frequently advises both Chinese and foreign companies, financial institutions and export credit agencies on transactions relating to the Belt and Road Initiative.

Some of the significant transactions he advised on have won Deal of the Year awards from CBLJ, including: China Yangtze Power on its USD3.59 billion acquisition of Peruvian entities (including Luz del Sur) from Sempra Energy through an auction process; Sinohydro on the 730MW ECA-backed combined cycle power plant project in Iraq; CTG International on the USD1.8 billion KAROT hydropower project in Pakistan, developed on a BOOT model with project finance provided by China Eximbank, China Development Bank, IFC and Silk Road Fund; CECEP Windpower on the acquisition and development of white rock wind farm in Australia; China Huanqiu Contracting and Engineering on a USD355 million ECA-backed oil refinery project in Iraqi Kurdistan; CWE International on the acquisition, finance and development of hydro projects in Brazil; and CWE International on a 360 million euro (USD406 million) acquisition of EDP Renewables’ wind power assets in Portugal.

Having studied trade controls and sanctions at Tulane, Chai is familiar with national security issues, export controls and sanction regimes, and has advised Chinese companies and lectured at Peking University School of Law on these topics.

Back to China A-List 2021