Clifford Chance advises financiers to GIP's US$2.5 billion investment in Shell-operated Australian LNG facility
30 March 2021
- Richard Gordon, Chad Bochan, , , ,
- Sydney
Clifford Chance advises financiers to GIP's US$2.5 billion investment in Shell-operated Australian LNG facility
Leading international law firm Clifford Chance has advised the financiers to Global Infrastructure Partners' (GIP) acquisition of a 26.25 percent interest in the Shell-operated Queensland Curtis LNG (QCLNG) Common Facilities for US$2.5 billion. The Common Facilities include storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains.
The firm's market-leading infrastructure finance team advising on the deal was led by Australia Managing Partner Richard Gordon along with partners Chad Bochan and Nadia Kalic. They were assisted by senior associate Dean Bao, associates Kellie Grubb, Dale Straughen and Samantha Wong, and graduate lawyers Amelia Hirst and Evan Thomson.
Richard said, "The LNG industry will play an increasingly prominent role in meeting growing energy demands of the Asia Pacific as countries rollout their clean energy plans. The team was delighted to work on such a critical energy project, and one of Australia's largest infrastructure deals of 2020."
GIP is a leading global infrastructure investment manager.