Kelann Stirling is an associate in the New York office of Latham & Watkins, practicing principally in the Project Development & Finance Practice.
Ms. Stirling has represented sponsors, lenders and governmental entities in connection with financings of oil and gas, LNG, wind energy, solar power, ethanol and infrastructure projects. She has experience in all aspects of structuring domestic and international project financings and negotiating and drafting finance and project development documents. In addition, Ms. Stirling has significant experience in acquisition financings in the energy sector.
Prior to joining Latham, Ms. Stirling gained invaluable experience working as in-house counsel for InterGen, a global power generation company, and prior to that was an associate in the New York and London offices of Skadden, Arps, Slate, Meagher & Flom LLP.
From 2004-2005, she was a Judicial Clerk for Judge Richard A. Cardamone, United States Court of Appeals for the Second Circuit.
Ms. Stirling's representative transactions include:
- Financing of Cameron LNG Facility (USA): Represented a syndicate of international and regional banks and export credit agencies in connection with the US$10 billion financing of the Cameron LNG project in Louisiana
- Acquisition financing of peaker power plant (USA): Represented a US private equity fund in its acquisition of a gas-fired peaker power plant and an oil-fired peaker power plant in Ohio
- Financing of Australia Pacific LNG Facility (Australia): Represented a syndicate of international and regional banks and export credit agencies in connection with the US$8.6 billion financing of the Australia Pacific LNG project in Queensland, Australia
- Oil forward-sale financing (Nigeria): Represented a syndicate of international and domestic commercial banks in connection with a Nigerian oil forward-sale financing
- Refinancing of Spanish Egyptian Gas Company LNG Facility (Egypt): Represented the mandated lead arranger in connection with US$1 billion refinancing of a liquefied natural gas facility in Damietta, Egypt. This transaction was named "Middle East Refinancing Deal of the Year" for 2007 by ProjectFinance*
- Financing of Qatargas 4 LNG Facility (Qatar): Represented a syndicate of international and regional banks in connection with the US$4 billion financing of the Qatargas 4 LNG project in Qatar. This transaction was named "Middle East Oil and Gas Deal of the Year" for 2007 by ProjectFinance*
- Proposed acquisition of an operational natural gas pipeline (Egypt): Advised a large European aluminum company in connection with the potential acquisition of an operational natural gas pipeline in Egypt*
- Sale of offshore wind farm (UK): Represented a private equity fund in the development of, and the later sale of, a 300MW offshore wind farm project, located on the Kentish Coast of the UK*
- Proposed privatization of infrastructure assets (USA): Advised a US state in connection with its proposed privatization of certain state owned infrastructure assets*
- Proposed financing of the expansion of a gas pipeline (Indonesia): Advised a large US-based investment bank in connection with the proposed financing of the expansion of a gas pipeline in Indonesia*
- Acquisition financing of an operational ethanol plant in California (USA): Represented Morgan Stanley & Co. Incorporated and certain of its affiliates in connection with the US$95 million financing of Altra Inc.’s acquisition of Phoenix Bio Industries, LLC, the owner and operator of an ethanol plant in California*
- Financing of ethanol plant in Canton, Illinois (USA): Represented the initial lender and arranger in the US$90 million project financing of an ethanol production plant near Canton, Illinois, for Central Illinois Energy, an energy cooperative*
Co-author, with Latham partners Dennis Nordstrom, Simon Dickens and Matthew Brown, “Multisource Project Financing,” The Principles of Project Finance, a project finance text edited by Rod Morrison
*matter completed whilst at a previous firm