Noah V. Honch IV

Project Financing

• Masdar, EDF, Korea East-West Power Co., Ltd. and Suez International on the financing of the AMAALA giga project in Saudi Arabia to build and operate a multi-plant integrated utility system including solar PV, BESS, reverse osmosis and wastewater treatment plants, ancillary facilities and network systems (Awarded 2024 Islamic Finance News' (IFN) Project & Infrastructure Deal of the Year and IJGlobal PPP Deal of the Year (Middle East and North Africa)).
• JBIC on the financing of the Mozambique LNG Project.
• JBIC on the financing of the Barossa Gas Project, Australia.
• JBIC on the financing of the Freeport LNG Project, Texas, USA.
• JBIC on the financing of the Petra Nova Carbon Capture Project, Texas, USA.
• JBIC on the financing of the PNG LNG project, Papua New Guinea.
• JBIC on the financial restructuring of the Yemen LNG project.
• JBIC on the financing of the Trinidad and Tobago Methanol Project.
• JBIC on the financial restructuring of the Ambatovy nickel and cobalt mining project, Madagascar.
• JBIC on the financing of Ichthys LNG, Australia.
• JBIC on the financing of the Donggi-Senoro LNG project, Indonesia.
• JBIC on the financing of the Tangguh LNG Train 3 Project, Indonesia.
• PT Halmahera Persada Lygend on the financing of a high-pressure acid leach nickel laterite ore processing facility in Indonesia.
• A prominent Asian electric utility regarding its bid to develop, finance and construct a power generation (2,300MW gas and steam turbine) and water production (100 MIGD) facility in the Middle East.
• Mandated Lead Arrangers regarding the financing of the Gimi floating LNG (FLNG) vessel, to be used in the first phase of BP’s Greater Tortue Ahmeyim Project (Awarded 2019 PFI African LNG Deal of the Year and 2019 Marine Money Offshore Project Finance Deal of the Year).
• Japan Bank for International Cooperation (JBIC) and the Export-Import Bank of Korea (K-EXIM) in relation to the development and financing of the 1200MW coal-fired Nghi Son 2 IPP in Vietnam, sponsored by Marubeni Corporation and Korea Electric Power Corporation (KEPCO) (Awarded 2019 Power (Coal) Deal of the Year, IJGlobal Asia Pacific Awards).

FPSO Project Development and Finance

• JBIC on the financing of various LNG carriers owned by Trans Pacific Shipping companies.
• Mitsui & Co., Ltd., MODEC, Inc., Mitsui O.S.K Lines, Ltd. and Marubeni Corporation on the development and project financing of the MV32 BUZIOS5 FPSO transaction, including JBIC finance, Brazil.
• Mitsui & Co., Ltd., MODEC, Inc., Mitsui O.S.K Lines, Ltd and Marubeni Corporation on the development of the Marlim1 MV33 FPSO.

Renewables

• Masdar, EDF, Korea East-West Power Co., Ltd. and Suez International on the financing of the AMAALA giga project in Saudi Arabia to build and operate a multi-plant integrated utility system including solar PV, BESS, reverse osmosis and wastewater treatment plants, ancillary facilities and network systems.
• JBIC, NEXI and the commercial lenders on the financing of the 150 MW Taza wind project in Morocco.
• a Japanese investor regarding its prospective acquisition of a minority interest in a 600 MW offshore wind project in Taiwan.
• Asian Development Bank regarding the financing of two large photovoltaic solar power projects in Vietnam, with a 650 MWp aggregate capacity.
• Overseas Private Investment Corporation (OPIC) and the Danish Export Credit Agency (EKF) in connection with the financing of a 150MW wind farm project at Taiba N’Diaye, Senegal (Awarded 2019 African Wind Deal of the Year, IJGlobal Europe & Africa Awards).

Corporate and Other Financing

• JBIC on a corporate financing in connection with the LNG Canada Project.
• JBIC on IBOR transition for a large portfolio of USD- and JPY-denominated loans.
• JBIC on the financing of an electric arc furnace for steel sheet manufacturing at a project site in Alabama, USA, operated by AM/NS Calvert LLC (Calvert), a U.S.-based joint venture between NIPPON STEEL CORPORATION (NIPPON STEEL) and Luxembourg-based ArcelorMittal S.A.
• JBIC on the financing to JX Nippon Mining & Metals USA, Inc. to support the manufacture of spluttering targets for semiconductors in Arizona, USA.
• JBIC on the financing to ITC-NCR, LLC, a wholly-owned subsidiary of ITOCHU Corporation, regarding the development of the Longview coking coal mine in West Virginia, USA.
• JBIC on the financing to Nucor-JFE Steel Mexico S.de R.L.de C.V., a Mexican joint venture invested in by JFE Steel Corporation and Nucor Corporation, a US company, to support the manufacture and sale of automotive steel sheets in the State of Guanajuato, Mexico.
• JBIC on the financing to SUMITOMO CORPORATION OF AMERICAS in support the processing and sale of flat rolled metal by its subsidiary SteelSummit Holdings, Inc.
• JBIC on the financing of a steel re-bar, small section and flat bar manufacturing facility in Indonesia.
• JBIC on the financing of a galvanized steel sheet and cold rolled steel sheet manufacturing facility in Indonesia.
• M&A / Corporate
• Japanese Utility on its acquisition of an interest in a hydro-power project company in the Republic of Georgia.
• MODEC, Inc. regarding the transfer of its indirect shareholdings in a large portfolio of project companies that own and operate floating production storage and offloading facilities (FPSOs).

Noah Honch is a project finance lawyer specializing in cross-border energy and infrastructure projects and has extensive ECA-backed finance experience across a range of sectors, including renewable power (onshore and offshore wind, solar, battery energy storage systems), oil and gas (LNG, FLNG and FPSO), utilities (desalination plants, wastewater treatment plants) and mining.  Noah's experience reflects a broad geographic reach, having worked on projects in Asia, Africa, the Middle East, Europe and North America. Noah also has strong acquisition finance and general banking experience.

Noah completed a secondment to the Energy and Natural Resources Finance Group at the Japan Bank for International Cooperation (JBIC), where he advised on various projects in the oil and gas, mining and transitional energy sectors (e.g., hydrogen and ammonia). 

Noah is a qualified solicitor in England and Wales and a Gaikokuho Jimu Bengoshi (Dai-Ichi Tokyo Bar Association), and has practiced in London and Tokyo. He is a former academic/archaeologist specializing in palaeodietary reconstruction and radiocarbon dating and has published numerous peer-reviewed articles and presented his research at a range of international conferences.