Lisa Quelch

Lisa’s representative experience includes advising:

• Sponsors in connection with the Lobito Railway Corridor project in Angola and DRC
• Sponsors in connection with the US$20 billion Mozambique LNG Project, an integrated upstream and midstream gas and LNG project in Mozambique financed by ECAs, AfDB, and commercial lenders
• ECAs on the project financing of the Papua LNG Project
• EDF, International Finance Corporation, and Government of Cameroon on the project financing of the Nachtigal hydroelectric project (420 MW) in Cameroon, with such financing involving IBRD guarantees and senior debt from commercial banks, AFD, AFC, AfDB, CDC, DEG, EIB, EAIF, FMO, IFC, OFID, and Proparco (reportedly the largest hydro IPP planned in Africa at the time of signing) *
• Vitol SA on its interest in the Vitol and Eni US$7 billion oil and gas project in Ghana, supplying gas for power generation, reportedly the largest single-project foreign direct investment inflow to Ghana since independence, including advising Vitol on the US$500 million International Development Association (IDA) supported letter of credit facility in support of timely payments under the gas offtake arrangements (the largest-ever IDA political risk guarantee at the time of signing), and the up to US$1.65 billion senior project financing of Vitol’s interest*
• Marubeni, JGC Corporation, and Al-Jomaih in connection with the project financing of three greenfield industrial steam and electric cogeneration plants at separate sites in the Kingdom of Saudi Arabia, financed by a mix of commercial bank debt, Islamic finance, and US Exim debt*
• KoBold Metals, a California-based exploration firm developing a copper mine in Zambia, on its US$150 million Mingomba Deposit investment
• The government of Nepal in relation to the negotiations for the development of the 900 MW Upper Karnali Hydropower Project in Nepal to be developed by GMR and the IFC, reportedly Nepal’s largest-ever foreign investment deal at the time of signing*
• A trader with respect to the financing of the prepayment of crude oil production from the Bualuang oil field in Thailand
• Chevron in connection with the sale of its North Sea assets to Ithaca Energy Limited
• BNP Paribas as facility agent and HSBC as documentation bank on a US$4 billion reserve-based lending (RBL) facility for Lundin Petroleum provided by 25 lenders relating to assets in five jurisdictions (Indonesia, Malaysia, Netherlands, Norway, and France), with 13 obligors; at the time of signing, this was the largest-ever RBL*
• BNP Paribas and Scotiabank as the incoming mandated lead arrangers on the amendment and restatement of an existing US$900 million senior secured RBL facility agreement for EnQuest plc and a number of its subsidiaries; the transaction involved an increase to up to US$1.7 billion (including an up to US$500 million accordion facility

*Matter handled prior to joining Latham