Victoria Salem

Victoria Salem is a Partner in Simpson Thacher’s Energy and Infrastructure Practice. Based in the Firm’s Houston office, she advises global energy and infrastructure companies on transactions across the sector, including in the liquefied natural gas industry, and has a particular focus on project development and finance. With nearly two decades of experience in the sector, she has advised on transactions across North America, Latin America, the Middle East, Africa and Asia. Victoria also advises on business and commercial matters in the sector, including development, joint venture, banking and capital markets transactions.

Victoria’s experience prior to joining Simpson Thacher includes advising:

• A subsidiary of Cheniere Energy, Inc. (CEI) in connection with the development and financing of the Corpus Christi Stage 3 Expansion, consisting of seven “midscale” natural gas liquefaction trains and including a $4 billion senior secured term loan and a $1.5 billion working capital facility
• CEI on multiple transactions, including: a $2.5 billion senior secured term loan; a $1.25 billion ESG-linked revolving credit facility, the first such transaction for a U.S. oil and gas company; and over $3 billion of notes issuances, including multiple inaugural bond issuances
• A project developer on the upsizing and restructuring of a portfolio of approximately $900 million trade finance facilities
• Sabine Pass Liquefaction, LLC on a $1 billion senior secured revolving credit facility
• Cheniere Energy Partners, L.P. on a $1 billion unsecured revolving credit facility
• Eight export credit agencies from Japan, Australia, Korea, France, Germany and The Netherlands, and a syndicate of 24 commercial lenders, on a $20 billion project financing of the Ichthys liquefied natural gas project in Australia sponsored by Inpex Corporation and Total SA
• Export credit agencies, commercial banks and underwriters in connection with the $13 billion debt financing of the Papua New Guinea Liquefied Natural Gas project
• Oxy Low Carbon Ventures in connection with its investments in: NET Power, LLC, the developer of a low-cost, natural gas power system that generates zero atmospheric emissions and includes full carbon dioxide capture; and Carbon Engineering Ltd., a Canadian clean energy company that removes existing atmospheric carbon dioxide through its Direct Air Capture technology.
• A project sponsor in connection with the potential development and financing of a first-in-kind carbon capture utilization and sequestration project

Victoria received her J.D. from Columbia Law School in 2008, where she was a James Kent Scholar, Parker School Certificate of Foreign and Comparative Law recipient and Notes Editor of the Columbia Journal of Transnational Law. She received her B.A., magna cum laude with distinction, from Amherst College in 2002, where she was a member of Phi Beta Kappa. She also received a license in international policy and economics from L'Institut Catholique de Paris in 2005. She is admitted to practice in Texas and New York.