People

Clemens Danang
Associate

Overview

Clemens Danang is an Associate in the Global Projects practice based in Baker Botts’ Singapore office. He advises developers, sponsors and financiers on complex energy and infrastructure projects and transactions across Southeast Asia, including LNG, petrochemicals, power and renewables, transportation and digital infrastructure projects.

Clemens' experience spans the full lifecycle of energy and infrastructure projects, from project development and structuring through to project financing, EPC contracting, and mergers and acquisitions.

Prior to joining Baker Botts, Clemens was an associate in the projects team at an international law firm in Jakarta. He speaks Bahasa and English fluently.

Admissions & Affiliations

  • Qualified in Singapore, 2026
  • Qualified in Indonesia, 2024

Education

  • M.S., Law & Finance, University of Oxford 2026
  • B.S., Law, Universitas Katolik Parahyangan 2021

Experience

Project Finance

  • US‑EXIM, SACE, KEXIM, K‑SURE and 20+ commercial banks under a New York law trustee borrowing scheme in relation to the US$3.1 billion project financing for the Balikpapan Refinery in Indonesia. (PFI Awards 2023: “Petchem Deal of the Year (APAC)”; IJGlobal APAC Awards 2024: “Oil & Gas Deal of the Year – Decarbonisation”)
  • PSC contractors and sponsors on the development and project financing strategy, including regulatory and financing considerations, for an LNG Project in Indonesia with up to US$20 billion total project cost.
  • ADB, JBIC, NEXI and commercial banks on the mezzanine financing and post‑closing matters for the US$2 billion Jawa-1 FSRU & 2x800MW CCGT in Indonesia. (IJGlobal Awards 2019: “Asia‑Pacific Power – Gas Deal of the Year”; IFLR Asia‑Pacific 2019: “Project Finance Deal of the Year”)
  • Project Company on all aspects of post-closing matters in relation to the US$2.8bn project financing of the Donggi-Senoro LNG liquefaction terminal in Indonesia. Financiers include JBIC, KEXIM, NEXI and commercial banks.
  • MLAs on US$114 million project financing of the 145MW Cirata floating solar PV Project in Indonesia. (PFI Awards 2022: “Asia‑Pacific Solar Deal of the Year”)
  • ADB on the US$44 million project financing of the PET Recycling Plant in Indonesia.

Project Documents

  • EdgeConneX on the EPC and supply contracts for a multi-stage hyperscale data center with up to 200MW capacity. (IJGlobal APAC Awards 2024: “Digital Infrastructure Deal of the Year – Data Centre (APAC)”)
  • PT Medco Power International on the drafting and negotiation of EPC Contract and Terminal Use Agreement for the Sumbawa LNG Regasification Project in Indonesia.

Project Development and Structuring

  • ICTSI and Indika Energy on the strategic agreement with PT Batam Terminal Petikemas to operate and develop the Batu Ampar Container Terminal in Batam, Indonesia.
  • A bidder in regulatory matters in relation to an electricity export project, from Indonesia to Singapore, regarding Singapore's Energy Market Authority tender for the import of up to 4 gigawatts of low-carbon electricity into Singapore.

Corporate Finance

  • Mandated lead arrangers and lenders on the US$3 billion offshore/onshore multi‑currency (US$/IDR) facilities for Pertamina, Indonesia’s state-owned oil and gas company. 
  • Pertamina International Shipping (PIS) on the US$134 million vessel acquisition financing and debt pushdown of two very large crude carriers (VLCC).
  • ADB and DBS on the US$15 million corporate financing to TBS for the development of electric motorcycles and battery swapping stations ecosystem.