Overview
Shashank Krishna advises clients in the international energy, infrastructure and natural resources sector with a focus on Europe, Asia and Africa. His practice is focused on private M&A, joint ventures and project development and financing involving complex and high-value energy and infrastructure projects across the value chain. Shashank has experience in a range of industries such as power, oil & gas, LNG, refining and petrochemicals, infrastructure and metals, mining and commodities. In the power sector, he has advised in connection with independent power projects (IPPs) having an aggregate capacity of nearly 28,000MW.
Shashank has practiced law in large international firms in London, Singapore and New Delhi and has worked on transactions involving nearly 35 jurisdictions. This diverse international experience gives him a unique perspective and skillset that he applies to varying situations. Shashank has been involved in some prestigious pro bono projects including pro bono legal advice to the Governments of Sierra Leone and Nepal.
Results
- Advised the Government of Nepal on the corporate, finance and project development aspects of six large hydro-electric independent power projects (IPPs) including $1.4 billion, 900MW Upper Karnali and $1.2 billion 900MW Arun-3 hydro-electric projects (nominated for the 2014 Energy Deal of the Year by Legal Business Awards and The Lawyer)
- Advised a consortium of investors comprising funds managed by Allianz Capital Partners, Amber Infrastructure, Dalmore Capital and DIF on their successful joint venture and consortium bid to become the infrastructure provider for the £4.2 billion Thames Tideway Tunnel project in London (awarded Project Finance International’s 2015 Deal of the Year)
- Advised BG group on the sale of its equity interests in three gas-fired IPPs in Malaysia and Philippines for $440 million
Advised an EFG-Hermes portfolio company in connection with its proposed sale of its interest in the North Bahariya concession in Egypt
- Advised BP in relation to a greenfield petrochemical project in Oman
- Advised HPCL – Mittal Energy consortium in connection with the syndicated financing of the USD4 billion, 9MMTPA Guru Gobind Singh Refinery at Bhatinda, one of the largest FDI investments in, what is, India’s 5th largest refinery with a very high Nelson Complexity Index
- Advised the Afghanistan Ministry of Mines in connection with drafting and negotiation of mining concession agreements for the Hajigak Iron Ore project
- Advised an oil and gas company in connection with its proposed acquisition of certain oil and gas interests in Africa and South America
- Advised China Exim Bank on the $412 million project financing of the 338MW Russei Chrum hydro-electric IPP, Cambodia largest hydro-electric IPP to date
- Advised Chevron on the sale of its fuel marketing businesses in Caribbean, Central America and South America
Advised BP on the $280 million sale to Pertamina of an equity stake in the Offshore North-West Java PSC in Indonesia and proposed sale of equity interests in certain Vietnamese upstream, midstream and downstream facilities - Advised Oteko on the acquisition of BP’s LPG business in Turkey and bid to acquire BP’s LPG business in Poland and Austria
Recognitions
- Legal 500 UK 2017, ‘Next Generation Lawyer’ recommended in Projects, Energy and Natural Resources – Power
- Recommended in IFLR1000 Financial & Corporate 2018, “Shashank is a smart lawyer who is knowledgeable and practical when it comes to advice.”
- HM Seervai Gold Medal for Constitutional Law Writing
- Editor, NLSIU Law Review
- Participation in 2015 Deal of the Year by Project Finance International
Community
- Capacity building and training programmes and pro bono advice to the Governments of Nepal and Sierra Leone
- Pro bono advice to Anti-Slavery International on anti-slavery laws in South Asia
- Guest speaker on international energy transactions and PPP projects (training program for UK Foreign Office)
