Tessa L. Davis

“ I enjoy helping clients navigate the complexity that comes with successfully developing and financing international energy and infrastructure deals.

Tessa has more than 18 years of experience in the structuring and multi–sourced financing of infrastructure and energy projects, particularly liquefied natural gas (LNG), refining & petrochemical, and renewable energy projects.

She has led multibillion–dollar transactions in Southeast Asia, Europe, the Americas, and the Middle East and regularly advises clients on:

• Complex project financings involving development finance institutions and export credit agencies
• Structured/corporate finance
• M&A
• Various forms of commercial documentation (including LNG, SPAs, PPAs, and other offtake arrangements, capacity use and tolling agreements, among many others)
• Restructurings

In addition to advising on projects spanning multiple jurisdictions around the world, Tessa is a member of the project finance subcommittee for the Asia Pacific Loan Market Association (APLMA) and actively supports multiple humanitarian nonprofit organization that provide services for refugees, asylum seekers, and survivors of human trafficking, slavery, and abuse.

Tessa is widely recognized as a leading lawyer in Singapore for Projects & Infrastructure and Energy. Prior to coming to Singapore in 2013, she spent nine years in London and five years in New York.

Examples of Tessa’s transactional experience include:

• Represented the sponsors on the US$8 billion Tangguh LNG Train 3 Expansion Project in Indonesia, one of the largest and highest–profile energy projects in Indonesia (FinanceAsia 2017: Best Oil & Gas Deal of the Year; ALB SEA Awards 2017: Project Finance Deal of the Year; Trade Finance Magazine 2017: Deal of the Year, IJ Global Awards 2016: Asia Pacific Oil & Gas Deal of the Year; FinanceAsia Achievement Awards 2016: Best Project Financing of the Year).
• Represented Glencore in respect of the restructuring of the US$2.4 billion Jurong Aromatics petrochemical facility in Singapore.
• Represented the finance parties (including commercial banks, Islamic finance institutions, and various export credit agencies (including COFACE, CESCE, K–SURE, KEXIM, JBIC, NEXI, and Hermes)) in connection with the US$14 billion Jubail Refinery and Petrochemical Project in Saudi Arabia (IFLR Middle East Awards 2010: Project Finance Deal of the Year, Middle East Oil & Gas Deal of the Year; Project Finance International Awards 2010: Middle East Petrochemicals Deal of the Year).
• Represented the lenders on the financing of the US$9 billion Qatargas II liquefaction facility (which included a US–EXIM Bank and SACE facility) in Qatar.
• Represented the sponsors on the IFC/OPIC financing of a Bulgarian solar facility, the largest solar financing at that time for IFC.
• Represented the sponsors/borrower in respect of the limited recourse financing and/or sale arrangements of multiple solar farm facilities in Japan.