Samuel Burleton

Samuel’s experience includes advising:

Project Finance — Energy Transition, Power, and Mining

• Saudi Aramco on the development and project financing of its landmark carbon capture and sequestration project in Saudi Arabia
• Barakah One on its US$2.42 billion green loan refinancing of the Barakah Nuclear Energy Plant. This project was named ESG Loan Deal of the Year by Bonds, Loans & Sukuk Middle East Awards 2024
• Microsoft’s Climate Innovation Fund on the financing of Climeworks’ first-of-a-kind commercial-scale, renewable carbon capture, and mineralization plant in Iceland
• The commercial banks, Islamic financiers, and hedging banks on the US$1.2 billion refinancing of the Al Dur Independent Water and Power Project (Al Dur IWPP) in Bahrain – the transaction was named MENA Refinancing of the Year by IJ Global Awards 2024
• Trafigura on the senior debt refinancing and US$100 million mezzanine financing for Genser Energy’s expansion of their existing gas pipeline network with a 100km trunk line to Kumasi (Ghana’s second largest city), the development of a 200mmscf/d gas processing plant in Prestea, and the expansion of a natural gas liquid storage terminal at the Takoradi Port
• The commercial lenders on a senior secured green term loan financing in connection with the expansion of a data center campus in Iceland, which is wholly powered by renewable energy
• The commercial lenders on the proposed project financing of a gas-fired CCGT power plant in the United Kingdom
• Standard Chartered Bank, CDC Group, Absa, Société Générale, Hungarian Export-Import Bank, and the Emerging Africa Infrastructure Fund on project financing of the Bridge Gas to Power Project in Ghana (African Power Deal of the Year, by IJ Global 2019 and PFI Awards 2019)*
• IFC and Islamic Development Bank in relation to the restructuring of Airport Group International P.S.C. and the Queen Alia International Airport, Jordan, following the original US$473 million project financing (Middle East and North Africa Transport Deal of the Year, by IJ Global 2019)*
• CBG (which is owned by Rio Tinto, Alcoa, Dadco, and the Government of Guinea) on the US$1.1billion expansion of its Sangaredi bauxite mine in western Guinea*
• The Ministry of Finance of Angola on CESCE, Euler Hermes, and OeKB supported facilities in relation to the construction of the Lauca Hydroelectric Power Plant*
• The Ministry of Finance of Angola in relation to the construction and financing of a solid waste and recycling plant in Angola*
• IFC and EBRD on the financing of the 158-MW Cibuk Wind Farm in Serbia and subsequent shareholder restructuring*
• Alufer Mining Limited on the restructuring and refinancing of the US$205 million project financing of its Bel Air bauxite mine in Guinea*
• The commercial lenders to African Minerals Ltd with respect on the financing and subsequent restructuring/enforcement in connection with the Tonkolili iron project in Sierra Leone*
• A development bank on the refinancing of a hydroelectric power station in Uganda*

Corporate, Sovereign, and Islamic Financing

• A sovereign wealth fund on its US$15 billion revolving credit facility
• A sovereign wealth fund on a US$3 billion ECA-covered untied facility for its subsidiary 
• A sovereign wealth fund on its inaugural US$6 billion ECA covered untied facility 
• A sovereign wealth fund on its inaugural US$ 7 billion murabaha financing 
• An energy company on a multibillion ECA framework agreement 
• A national oil company on various intra-group revolving credit facilities and term loan facilities
• Yanbu Aramco Sinopec Refining Company (YASREF) Limited and its shareholders, Saudi Aramco and Sinopec, on existing finance matters related to its US$4.7 billion syndicated loan facilities
• HSBC, Lloyds Bank plc, ING Bank, Deutsche Bank, and other commercial lenders on INEOS’ reserve based lending facility
• Energean on its US$350 million term loan facility
• EnQuest plc, an upstream oil and gas company focused on North Sea and Malaysian production, in connection with its US$305 million senior notes offering
• Harbour Energy on the financing and English law elements of its US$500 million Rule 144A/Regulation S senior unsecured notes offering
• Jabal Omar Development Company on the refinancing of its Islamic facilities

Infrastructure and Brownfield Acquisition

• The commercial lenders on the acquisition financing of multiple energy storage terminals across the globe
• The lenders to Cairn and Cheiron on existing financing arrangements in relation to US$325 million senior secured borrowing base facility agreement for the purposes of financing the acquisition of Shell’s assets located in Egypt
• The lead developer on the development of submarine fiber optic cable systems throughout the Middle East
• The existing lenders on the US$370 million bond refinancing to Limak İskenderun Uluslararası Liman İşletmeciliği A.Ş., one of the first-ever project bonds issued out of Turkey
• JP Morgan, Africa Finance Corporation, and Diamond Bank in connection with the restructuring of a US$100 million financing provided to Depthwize Nigeria Limited to facilitate the construction and acquisition of drilling rigs to be used in the Nigerian delta*
• Aegean Motorway S.A. on the restructuring of the Maliakos-Kleidi motorway project in Greece*
• GuarantCo in connection with the financing and construction of Classic Fashion's garment manufacturer facility in Jordan*
• A syndicate of lenders in relation to the financing of Ikeja City Mall in Lagos, Nigeria*

*Matter handled prior to joining the firm