Lawyers

Jonathon Hannah is Special Counsel in Sullivan & Cromwell’s London office specialising in project development and finance. His experience spans mining, energy, petrochemicals and telecoms projects in a wide variety of jurisdictions, including Africa, the CIS, Middle East and Australasia. Jonathon has represented developers, sponsors, banks and ECAs in relation to some of the most complex and high-profile projects globally.

Jonathon also covers the full breadth of finance work, including restructuring, corporate lending and acquisition finance. He has experience in a range of complementary corporate transactions, including mergers and acquisitions, joint venture arrangements and fund formation.

SELECTED REPRESENTATIONS

• Rovuma LNG – representing Rovuma LNG on the financing of its $35 billion LNG project in Mozambique (pending)
• Australia Pacific LNG, Refinancing – represented APLNG’s subsidiary Australia Pacific LNG Processing in connection with its Section 4(a)(2)/Regulation D private placement of $1.4 billion of senior notes used to prepay a portion of its project debt incurred in the financing of its LNG liquefaction project.
• Dolphin Pipeline Project, Supplemental Financing – advised the lenders on the US$863 million supplemental senior debt financing for the Dolphin Pipeline Project.
• Australia Pacific LNG – represented the project company, a ConocoPhillips, Sinopec and Origin Energy joint venture, in relation to the $8.5 billion project financing of two gas liquefaction trains in Queensland, Australia.
  • IJGlobal Asia-Pacific Midstream Oil & Gas Deal of the Year 2018
  • Project Finance International Asia-Pacific Oil & Gas Deal of the Year 2012
  • Standout: Financial Times US Innovative Lawyers 2012, Energy
• Dolphin Energy Pipeline – represented the bank lenders and underwriters on the $4.14 billion refinancing of the Dolphin Energy pipeline project, the largest cross-border gas project in the Middle East.
  • Infrastructure Journal Global Oil & Gas Deal of the Year 
  • PFI Middle Eastern Oil & Gas Deal of the Year
  • Middle East Oil & Gas Deal of the Year by Project Finance
• Papua New Guinea LNG – advised the sponsors in relation to the $18 billion Papua New Guinea liquefied natural gas project.
• South Stream Pipeline – advised the project company and sponsors in relation to a multi-billion Euro project financing of a cross-border natural gas pipeline (currently under review).
• Total – advised Total on a US$1 billion equivalent loan facility to a Scandinavian subsidiary.
• Tengizchevroil (TCO) Gas Sales – advised Tengizchevroil, a joint venture between Chevron, ExxonMobil, KazMunayGas and LukArco, on the negotiation of three long-term gas sales agreements.
• Cameron LNG – advised Sempra on certain English-law aspects of the US$7.5 billion financing of the Cameron LNG Project.
  • Highly Commended: Financial Times North America Innovative Lawyers 2014, Finance
• Salalah Methanol – represented the commercial bank syndicate on the $640 million non-recourse project financing of a methanol plant in Salalah, Sultanate of Oman.*
• Aromatics Oman – represented the Export-Import Bank of Korea and the commercial bank syndicate in relation to the $1.25 billion financing of an aromatics plant in Sohar, Sultanate of Oman.*

• Barrick Gold on the Reko Diq Project in Balochistan, Pakistan, one of the world’s largest undeveloped copper and gold deposits
• Ambatovy Project Restructuring – represented the project company in relation to three restructurings of the senior debt obligations of Ambatovy nickel, cobalt and ammonium sulphate mining project.
• Oyu Tolgoi – represented Rio Tinto and Oyu Tolgoi LLC in relation to the multi-billion project financing of a copper and gold mining project in Mongolia.
  • PFI Asia-Pacific Mining Deal of the Year
• El Boleo Project – represented the hedging banks and commercial lenders on the intercreditor issues in relation to the $823 million project financing of the El Boleo copper-cobalt-zinc-manganese mining project in Mexico.
• Emerging Market Mining Project – currently representing the Sponsors in relation to the structuring aspects of an emerging market mining project.

• Goldman Sachs Asset Management, through its infrastructure investing business, in the establishment of Verdalia Bioenergy
• Reykjavik Geothermal – Advised the project company in relation to a convertible term loan facility and the granting of certain investment rights to an institutional investor.
• Chaglla Hydroelectric Power Plant – Advised a consortium led by China Three Gorges on the financing arrangements in connection with the acquisition of the Chaglla HEP.
• Emerging Market Power Project – Advised the initial purchasers in relation to bankability aspects of a power plant in Kazakhstan (currently on hold).
• MIC Tanzania Limited – represented the lenders (including Standard Bank, Standard Chartered Bank, PROPARCO, EKN and local DFIs) in connection with the financing of MIC Tanzania Limited, a telecoms operator in Tanzania (trading as Tigo).*

• Consortium led by China Three Gorges – acquisition financing
• Philips – Advised Philips on a €1.75 billion term loan and revolving credit facility with respect to the IPO of its lighting business.
• Goldman Sachs Investor Funds – Advised Goldman Sachs Investor Funds on the restructuring of a €1.4 billion real estate financing.
• Towergate Creditors – restructuring.
• Abengoa Coordinating Committee of Creditors – restructuring.
• Swisscom – corporate financing.
• Finmeccanica – corporate financing.
• GS Capital Partners – acquisition financing.
• Goldman Sachs Investor Funds – restructuring.