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Michael C. Graffagna

Partner | Tokyo


Represented Sumitomo Corporation on its sale of the San Cristóbal Mine in Bolivia. The mine processes one of the largest deposits of zinc, lead, and silver in the world, and is the largest mining operation in Bolivia. We also represented Sumitomo on its initial acquisition of a 35% stake in the mine and subsequent increase to 100%.

Represented Sumitomo Corporation on its investment in Light Rail Manila Corporation, the operator of the Manila Light Rail Transit System Line 1.

Represented Tokyo Gas in its purchase from ENGIE of 50% of a 720 MW portfolio of six solar and wind power projects in Mexico.

Represented SoftBank as a lender and offtaker for OneWeb’s low–earth–orbit constellation of 600 satellites to provide global connectivity.

Represented Tokyo Gas on its investment in, and joint venture with First Gen for, an LNG import and regasification terminal project in Batangas province, Philippines.

Represented Osaka Gas and Chubu Electric in their $1.2 billion equity financing and $3.1 billion debt financing for the first liquefaction train of the Freeport LNG facility and in their entry into of a long–term LNG liquefaction tolling agreement for the project. The transaction was awarded Global Finance Deal of the Year: Project Finance by American Lawyer, Deal of the Year for the Americas by Project Finance International, and North American Oil & Gas Deal of the Year by IJ Global.

Represented Sumitomo Corporation as contractor in the Rehabilitation and Maintenance Agreement for the MRT-3 Transit System in Manila. MRT-3 is an urban rail line that runs along Epifanio de los Santos Avenue (EDSA), one of Metro Manila's main highways. We previously represented Sumitomo as the EPC contractor and maintenance provider for the system.

Represented SCM Minera Lumina Copper Chile in the $1.4 billion limited recourse project financing for the development of the Caserones Copper and Molybdenum Mining Project in Chile. The transaction was named Latin America Mining Deal of the Year by Project Finance Magazine.

Represented JERA Co., Inc. as the largest investor in a $1.58 billion, 1,100 MW natural gas–fired thermal power generation project, referred to as "Cricket Valley," in Dutchess County, New York. JERA owns an equity stake of approximately 44% in the project.

Represented Mitsui. and Tokyo Gas in their $1.2 billion acquisition of a controlling interest in five gas–fired combined cycle power stations in Mexico with an aggregate total generating capacity of 2,233MW and a related gas pipeline company, and in connection with the financing for such acquisition.

Ranked in Japan: Projects & Energy

Chambers Asia-Pacific 2024