Lisa Quelch is an associate in the London office of Latham & Watkins and a member of the Finance Department.

Ms. Quelch advises clients on the development and financing of power, renewables, and oil and gas projects in emerging market jurisdictions, including financings involving development finance institutions, export credit agencies (ECAs), and the World Bank. Ms. Quelch also advises on a range of other energy finance structures, including prepayments and reserve-based lending financings.

Before joining Latham, Ms. Quelch worked for an international law firm in their London, Moscow, and Paris offices.

Ms. Quelch’s experience includes advising:

  • KoBold Metals, a California-based exploration firm developing a copper mine in Zambia, in its US$150 million Mingomba Deposit investment
  • Sponsors in connection with the ongoing US$24 billion Mozambique LNG Project, an integrated upstream and midstream gas and LNG project in Mozambique
  • EDF, International Finance Corporation and Government of Cameroon on the project financing of the Nachtigal hydroelectric project (420MW) in Cameroon, earning the Multilateral Deal of the Year, PFI Awards 2018 and the African Power Deal of the Year, IJ Global Awards 2018*
  • 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), and the up to US$1.65 billion senior project financing of Vitol’s interest, earning African Oil and Gas Deal of the Year, PFI Awards 2016 and the African Upstream Oil and Gas Deal of the Year, IJ Global Awards 2017*
  • The Government of Nepal in relation to the negotiations for the development of the 900MW Upper Karnali Hydropower Project in Nepal to be developed by GMR and the IFC, reportedly Nepal’s biggest ever foreign investment deal at the time of signing*
  • 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, named the Middle East Power Deal of the Year, IJ Global EMEA Awards 2014*
  • A syndicate of Lenders in relation to a prepayment financing for a Russian company*
  • 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 5 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

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LPC (Distinction), BPP Law School, 2011
  • Bachelor of Laws (First Class Honours), University College London, 2010

Languages Spoken

  • English