Faez Abdul Razak

Faez Abdul Razak

Partner
Wong & Partners

Biography

Faez is a partner in the Finance & Projects Practice Group at Wong & Partners. He is ranked as a Next Generation Partner for Projects & Energy by Legal 500 Asia Pacific in 2024.

Faez had also worked in Tokyo as in-house counsel for a large Japanese trading house.

Practice Focus

Faez’s practice focuses on major projects, construction and services contracts as well as financing transactions for large scale infrastructure projects. He also advises on conventional and Islamic banking and debt capital markets project financing and construction, infrastructure and utilities (energy and water) regulatory compliance in Malaysia. He has also established himself in the renewable energy space, particularly solar, where his experience comes from the number of solar PPAs that he has worked on over the last several years, including on the largest commercial solar PPA in Malaysia.

Representative Legal Matters

  • Assisting a foreign aircraft equipment manufacturer in its potential participation in the Corporate Green Power Programme (CGPP) as a corporate consumer. Our role includes to advise the client on the requirements of the CGPP, draft, negotiate and finalise a memorandum of understanding and the virtual power purchase agreement.

  • Assisting the client, a Malaysian oil & gas company, in respect of a LNG sale and purchase agreement with Petrobangla and another sale and purchase agreement (on a back to back basis) with an LNG supplier. Our role is to advice the client in respect of the risks arising out of the Petrobangla sale and purchase agreement and draft, negotiate and finalise the LNG supplier sale and purchase agreement.

  • Advised an Emirati sovereign wealth fund on a potential sale of a 50% stake in one of its energy subsidiaries, an international energy company headquartered in Abu Dhabi, to a strategic investor which includes participating interest in an oil and gas asset in Malaysia.

  • Represented ib vogt GmbH, a German-based multinational solar engineering and project development company, in connection with its successful bid to develop a 100MWac (Mega Watts, alternating current) solar photovoltaic power plant in Marang, Terengganu, under Malaysia's third large-scale solar tender project (LSS3). The LSS3 is the Federal Government's commitment to increase the generation capacity of renewable energy from 2.0% to 20% of total energy generated by 2025. The five successful bidders of the LSS3 programme, which offers a total capacity of 500MW, comprise of foreign and local consortiums.

  • Advised a Malaysian renewable energy company in connection with its bid to develop a waste-to-energy plant in Sungai Udang, Malacca, Malaysia. This waste-to-energy project is carried out on a public-partnership basis, and was the second of six proposed waste-to-energy projects that the Federal Government of Malaysia had planned to develop in 2021 to reduce waste disposal rates at landfills.

  • Assisted a special purpose company in Pengerang, Johor, in relation to various contracts for the development and operation of a petrochemical storage terminal facility including a deepwater jetty. This project is part of the overall Pengerang Integrated Complex and will provide services to the multi-billion dollars RAPID petrochemical project developed by PETRONAS, the Malaysian national oil and gas company.

  • Advised Lotuss Stores (Malaysia) Sdn Bhd on phase three of their rooftop solar project as part of Lotuss’ global environmental initiatives, making it one of the largest long-term corporate power deals in Malaysia (in aggregate).This long-term power deal arises from our role advising Lotuss Stores (Malaysia) Sdn. Bhd on its solar rooftop power generation project. The deal involves the appointment of Altervim Malaysia Sdn Bhd, a subsidiary of CP group, for the development, design, finance, installation, construction, and operation and maintenance of renewable electricity generating plants across 22 of its stores in Malaysia. The installations have a total generating capacity of 13GW hours of clean energy per year.

  • Acted for a foreign sponsor, a leading integrated energy company based in Thailand, on the development of a solar farm in Kuala Paka, Terengganu, Malaysia as part of the Malaysian Energy Commission’s Large Scale Solar Photovoltaic Project. Advising the client on the review of the primary contract for their investment including the Power Purchase Agreement, drafting and reviewing the Shareholders Agreement, Engineering, Procurement and Construction Contract, Operation & Maintenance Agreement and the Land Lease Agreement.

Professional Associations and Memberships

Malaysian Bar

Kuala Lumpur Bar

Admissions

Malaysia (2013)

Education

King’s College London (Masters of Law in Competition Law) (2012)

University Teknologi Mara (Bachelor of Laws) (2011)

Languages

English

Bahasa Malaysia

Publications

Co-author, "Overview of the Malaysian PPP Framework," Asian MENA Counsel, 2015