Latham & Watkins Advises Macquarie on 15-Year LNG Sale and Purchase Agreement With AMIGO LNG
AMIGO LNG S.A. de C.V. (AMIGO LNG), the Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, has announced the execution of a long-term Sale and Purchase Agreement (SPA) with Macquarie Group (Macquarie), a global trading and financial services group. Under the agreement, AMIGO LNG will deliver 0.6 million tonnes per annum (MTPA) of LNG to Macquarie's Commodities and Global Markets business over a 15-year term. LNG supplies are expected to commence with the startup of AMIGO LNG's first liquefaction train, targeted for commercial operations in the second half of 2028.
Latham & Watkins LLP is advising Macquarie in this transaction with a Project Development & Finance team led by Houston partner Chris Peponis and associate Carlos Diaz, with support from associates Jacob Kempf and Andy Yuan.