Julia A. Czarniak
Julia Czarniak represents financial institutions, investors, underwriters and sponsors in all aspects of project development and project finance, particularly in the energy sector (including oil and gas, petrochemicals, LNG and power generation-related matters) and other infrastructure and industrial projects.

Bio

Ms. Czarniak has handled complex project financings in the United States, Asia and the Middle East.

Ms. Czarniak has extensive experience structuring and negotiating joint ventures, project contracts and financing documents. She is representing or has represented:

  • Exxon Mobil Corporation in its joint ventures with Rosneft;
  • commercial lenders in connection with a $4 billion credit facility to Sasol for the construction of a petrochemical plant in Louisiana;
  • the lending group, in Nakilat Inc.’s program financing, which raised over $7 billion in three tranches of debt, the proceeds of which were used to build a fleet of 27 LNG vessels to ship liquid natural gas from Qatar to various ports around the world;
  • CMS Energy Corporation in its sale of a portfolio of generating assets in the U.S. and the Middle East to Abu Dhabi National Energy Company PJSC;
  • National Grid USA in its divestiture of Ravenswood Generating Station to TransCanada Corporation;
  • Citigroup Global Markets, Credit Suisse and HSBC Bank as joint bookrunners in a $2.23 billion senior secured Rule 144A/Regulation S bond offering by Ras Laffan Liquefied Natural Gas Company Limited (3) and guaranteed by Ras Laffan Liquefied Natural Gas Company Limited (II);
  • Paiton Energy and its sponsors in connection with the development and financing of the $1.5 billion Paiton 3 Project, a power plant in Indonesia. The financing was provided by JBIC and a consortium of commercial banks, and required complex intercreditor and collateral sharing arrangements with the lenders to the existing Paiton 7/8 Project;
  • BNP Paribas and HSBC in the $6.5 billion financing for a liquefication facility in Qatar and an LNG receiving terminal in England, which was named “Deal of the Year” in 2004 by Project Finance; and
  • Schlumberger Limited in a $381 million financing for an eight-train gas compression facility in Venezuela.

Ms. Czarniak also works on general financing matters, including specialized structured financings, acquisition facilities, Rule 144A bond financings, and secured and unsecured letters of credit and loan facilities.

She repeatedly has been selected for inclusion in Chambers Global, Chambers USA and IFLR1000. Ms. Czarniak also was named a finalist in the Energy/Projects Lawyer of the Year category at the inaugural Chambers USA Women in Law Awards 2012. In 2014, she was included in the Expert Guides edition of Women in Business Law for Project Finance in the United States.

Credentials

Education

  • J.D., Georgetown University Law Center, 1997 (Georgetown International Law Review)
  • M.A., Yale University, 1993 (Fox Scholarship)

Admissions

  • New York

Experience

  • Legal Intern, Export-Import Bank of the United States, Spring 1997
  • Legal Intern, Hogan & Hartson LLP, Moscow, Spring 1996

Julia A. Czarniak

Partner, Energy and Infrastructure Projects and Banking
julia.czarniak@skadden.com