David Armstrong is the head of Skadden’s Toronto office. His practice focuses primarily on the representation of commercial and investment banks, as well as borrowers and issuers, in leveraged and other finance transactions, including project financings, acquisition financings, leveraged leases, other senior secured lending transactions and ESG-related matters, with a principal focus on the energy and industrial sectors.
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2026 Lawdragon 500 Global Leaders in Energy | 2026 | Energy & Infrastructure Transactions |
| The 2025 Lawdragon 500 Leading Energy Lawyers | 2025 | Energy & Infrastructure Transactions |
Armstrong has represented, among others:
- 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 Louisiana. This project was named 2019 North America Deal of the Year by Project Finance International
- Credit Suisse, J.P. Morgan and RBC Capital Markets in three separate financings for the issuance of $4.1 billion of senior secured notes by Cheniere Energy Partners, L.P., the parent company to the entities operating the Sabine Pass Liquefaction facilities and LNG terminal in Louisiana, and the Creole Trail Pipeline
- Morgan Stanley, Bank of America Merrill Lynch, Credit Suisse, RBC Capital Markets and J.P. Morgan in nine separate project bond financings for the Sabine Pass Liquefaction Project owned by Cheniere Energy Partners for the issuance of nearly $15 billion of senior secured notes. The original offering was named North America Midstream Oil & Gas Deal of the Year for 2013 by Project Finance. The “cross-over” bond offerings were named America’s LNG Project Finance Deal of 2016 by Power Finance & Risk
- Morgan Stanley Senior Funding, Inc., SG Americas Securities, LLC, a leading global investment firm and the lenders in connection with a four-year, $750 million revolving credit facility for Cheniere Energy, Inc. and the amendment and restatement and $500 million upsizing of the facility
- Morgan Stanley, Standard Chartered Bank, Credit Agricole Corporate and Investment Bank and HSBC in a $400 million senior secured term loan to Cheniere Creole Trail Pipeline, L.P. to pay capital costs in connection with the construction of modifications to the pipeline necessary to service the affiliated Sabine Pass liquefaction facility and to finance the acquisition of the pipeline by Cheniere Energy Partners, L.P.
- the agent and lead arrangers in the refinancing of a $251 million term loan, letter of credit and revolving credit facility for Calhoun Power Company, a subsidiary of funds managed by Harbert Management Corporation, which owns a 668 MW gas-fired power plant and related facilities in Alabama
- SunEdison in a $1 billion warehouse debt financing to fund the construction of its pipeline of renewable energy projects acquired from First Wind Holdings, Inc. The warehouse construction facility also included a $500 million third-party equity commitment from First Reserve Corporation
- Citigroup in connection with a $50 million secured mezzanine term loan facility for Grupo Schahin. The transaction was supported by the revenues of an existing oil drilling rig and two rigs under construction that were chartered to Petrobras
- the agent and lead arrangers in connection with the $455 million construction, term and bridge loan project financing of Tenaska’s 150 MW Imperial Solar Energy Center West in California, and the placement agents in a 4(a)(2) private placement refinancing
- the agent and lead arranger in connection with the $169 million project financing of 70 MW (AC) of solar projects being developed by GCL Solar in California
- the agent in a $1 billion receivables financing for a natural gas trader in Canada and the United States
- P.T. Paiton Energy in its $1.5 billion financing of the 815 MW coal-fired Paiton 3 power project in East Java, Indonesia