Tatiana Monastyrskaya

Tatiana Monastyrskaya

Partner, Energy and Infrastructure Projects and Banking
Tatiana Monastyrskaya represents financial institutions, including investment banks, commercial banks and private equity firms in various types of finance transactions, with an emphasis on project finance.

Bio

Ms. Monastyrskaya also represents the U.S. Department of Energy and the U.S. Department of Transportation in connection with energy and infrastructure projects, and private equity sponsors and developers in various tax equity transactions.

She repeatedly has been selected for inclusion in Chambers USA and Chambers Global, where she is recognized as having “notable expertise in energy project finance and development.” She also was shortlisted for Best in Energy, Natural Resources & Mining at the 2020 Women in Business Law Awards. In 2018, Ms. Monastyrskaya was named as an official steering committee member of the Women In Infrastructure New York chapter.

Her representations include the following:

  • the 13 initial coordinating lead arrangers, lenders and issuing banks in the approximately $5.8 billion debt financing of Venture Global LNG, Inc.’s Calcasieu Pass LNG export project and associated TransCameron lateral gas pipeline, to be located in Cameron Parish, Louisiana;
  • Alberta Investment Management Corporation in a number of transactions, including as lender in a $250 million term loan “warehouse” facility for an affiliate of D. E. Shaw Renewable Investments, L.L.C;
  • Bank of Tokyo Mitsubishi, a syndicate of commercial banks, Islamic banks and Servizi Assicurativi del Commercio Estero (SACE) in the $3.6 billion Ras Laffan C financing of the power and water desalination facility in Qatar;
  • Bank of Tokyo-Mitsubishi UFJ, Ltd. and Union Bank, N.A. as lenders in a financing for Tenaska’s Imperial Solar Energy Center South, a utility-scale photovoltaic solar generating plant in southern California;
  • Blackstone in connection with the acquisition of certain oil and gas-fired power plants;
  • BNP Paribas in connection with a refinancing of Northeast Wind’s portfolio of projects;
  • Brookfield in connection with the financing of certain solar assets;
  • Carlyle in connection with the acquisition of a joint venture interest in Philadelphia Energy Solutions from Sunoco;
  • CF Industries in connection with:
    • its clean energy initiatives;
    • the expansion projects in Port Neal, Iowa, and Donaldsonville, Louisiana;
    • drafting and negotiating certain fuel supply agreements; and
    • a potential combination with OCI N.V.;
  • 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);
  • the U.S. Department of Energy as guarantor in:
    • a financing of a $1.24 billion utility scale solar project as part of its Loan Guarantee Program; and
    • a financing of a methanol plant with CO2 sequestration technology as part of its Loan Guarantee Program;
  • the Export-Import Bank of Korea, Korea Export Insurance Company, Lehman Brothers and Credit Suisse in the $4.3 billion Qatar Gas National Company Limited (Nakilat) ship financing;
  • Fortigen in a number of project development transactions, including the sale of oil and gas wells and the expansion of its ammonia plant and ammonia thiosulfate plant;
  • Fortress Transportation and Infrastructure Investments in connection with a bridge credit facility and its investment in a renewable project;
  • Goldman Sachs:
    • in connection with a bank facility for the Ivanpah solar project;
    • in connection with a number of inverted lease and partnership flip structures for solar facilities; and
    • as a lender in a $150 million term loan “warehouse” facility to DE Shaw Renewables;
  • HSBC Bank plc and 15 international and regional commercial banks in the provision of a $1.1 billion term loan facility and a $500 million revolving loan facility to QAFCO Fertiliser Company to finance the Train 5 ammonia and urea expansion facilities located in Qatar (QAFCO 5);
  • the 26 lead arrangers in providing $4 billion of senior debt facilities to fund the Qatargas 3 LNG project in Qatar;
  • Maher Terminals, LLC in its acquisition by Deutsche Bank AG;
  • Merrill Lynch Commodities in connection with:
    • assignment of certain oil assets from JPMorgan and intermediation services to MLC; and
    • amendments of the supply and offtake agreements with Philadelphia Energy Solutions;
  • an ad hoc group of bondholders in the negotiation of a second lien security agreement and an intercreditor agreement with the existing noteholders and Martin Midstream;
  • Morgan Stanley in a number of transactions, including a $220 million term loan facility to Venture Global LNG, Inc. to finance the development of the Calcasieu Pass facility and associated TransCameron pipeline, the Plaquemines facility and associated Gator Express pipeline, and Delta facility and associated pipeline;
  • Morgan Stanley Infrastructure Partners as sponsor in connection with a $369 million senior secured refinancing for Red Oak Power, a 805 MW gas-fired power project in New Jersey;
  • NextEra Energy Resources, LLC in two transactions providing for its sale of a 90% interest in a 1,000 MW portfolio of longterm contracted wind and solar generation facilities: the sale to a consortium of private infrastructure investors led by KKR of a 50% interest in the portfolio and, the sale to NextEra Energy Partners, LP (NEP) of a 40% interest in the portfolio as well as 100% interest in a solar-plus-storage project;
  • Nomura in connection with assignment of its existing credit facility;
  • Onyx, a Blackstone portfolio company, in connection with:
    • a tax equity transaction;
    • an inverted lease with Credit Suisse and other ongoing transactions; and
    • the sale of its portfolio of 136 commercial and industrial and small utility-scale solar projects to Argo Infrastructure Partners for $190 million;
  • Peru LNG in the financing of its $3.8 billion LNG export project;
  • Philadelphia Energy Solutions in connection with:
    • an asset-based revolver and supply and offtake (aka “intermediation”) agreements with JPMorgan and a Term Loan B financing; and
    • construction of certain butane facilities;
  • Royal Bank of Canada in connection with its bid to provide acquisition financing to a private equity sponsor for the acquisition of two combined-cycle plants from Dominion Energy;
  • Santander in connection with a financing for EcoGrove Wind;
  • Société Générale, Morgan Stanley and a syndicate of commercial bank lenders in connection with a $635.7 million credit facility provided to a subsidiary of EIG Global Energy Partners for the acquisition by EIG from Kinder Morgan, Inc. of a 49 percent interest in Elba Liquefaction Company, L.L.C., in the amendment, extension and upsizing of the term loan facility from $646 million to $730 million, and in achieving project completion;
  • the U.S. Department of Transportation in connection with the 183-S toll road expansion in Texas;
  • a bidder in the acquisition of Speedway stores from Marathon Petroleum in connection with a fuel supply agreement; and
  • a developer in connection with an operating agreement to explore and operate hydrogen wells.

Credentials

Education

  • J.D., George Washington University School of Law, 2004 (Order of Coif)
  • Ph.D., City University of Hong Kong, 2001
  • M.A., Moscow State University, 1999 (with highest honors)
  • B.A., Moscow State University, 1997 (with highest honors)

Admissions

  • New York

Languages

  • Russian
  • English

Experience

  • Research Assistant, City University of Hong Kong (1999-2001)

Tatiana Monastyrskaya

Partner, Energy and Infrastructure Projects and Banking
tatiana.monastyrskaya@skadden.com