Victoria Judd

• Advised an independent oil and gas client in the refinancing of its revolving credit facility and amendments to its intercreditor agreements and reserves based loan.
• Advised the UK Government on Energy Market Reform including drafting terms and conditions for the contract for difference, front-end contract and phasing contracts for difference for offshore wind farms.

Energy experience

• Advised a floating offshore wind developer in relation to the development of seabed leases awarded under the Innovation and Target Oil & Leading Round organized by the Crown Estate Scotland.
• Advised Molgas Energy UK Limited in relation to their regulatory position in relation to the UK Energy Bill Relief Scheme.
• Advised General Fusion in relation to the construction and financing of a fusion demonstration plant at the UKAEA’s Culham Campus.
• Advised large oil and gas company in the refinancing of their reserves based loan.
• Acted as lead advisor in the project financing of a biomass conversion plant, including in relation to the financing term sheet, fuel supply agreements, PPA and direct agreements.
• Advised Premier Oil in relation to their financing documentation and the creditor schemes of arrangement of Premier Oil plc and Premier Oil UK Limited, which were sanctioned by the Court of Session in Edinburgh.
• Advised Green Investment Bank in relation to power purchase agreements in its acquisition of a £236m stake in Rampion Offshore Wind Farm.
• Advised Ørsted in relation to its project financing and offtake agreements for wind farms.
• Advised an energy trading company on commercial contracts in respect of a combined heat and power plant in England.

• General financing experience
  • Advised Elliott Management Corporation as a non-bank lender in its LMA style New York law financing in support of a management buy-out.
  • Advised Checkout Technology Limited in respect of corporate treasury for the Checkout group.
  • Advised Branded in relation to several amendments and amendments and restatements to the English law facilities agreement, including in the context of certain corporate restructurings.
  • Advised JUUL in relation to the English law aspects in relation to their New York law governed financing agreements.
  • Advising large multinational aircraft client in relation to supply chain concerns, including advising in relation to a short term supply chain finance in relation to one of its suppliers.
  • Advised sponsors in the acquisition financing of a luxury hotel resort in Portugal, alongside local Portuguese counsel.
  • Advised a multinational bank in the acquisition of a shopping centre, being developed outside Madrid, alongside local Spanish counsel.
  • Advised CEMEX in respect of refinancings and amendments of its syndicated loan facilities, including coordinating processes across multiple international jurisdictions.

• Memberships
  • Association of International Petroleum Negotiators
  • International Bar Association
• Speaking Engagements
  • “Green Finance in the Hydrogen Sector,” A Video Series of Key Issues Driving Green Hydrogen (March 28, 2022).
  • "The Transition from LIBOR,” Pillsbury’s Inflight Audio (November 16, 2021).
  • Hydrogen Technology Conference & Expo, Bremen Germany (October 2021).
  • “Gaining Altitude: ESG in Aviation Finance,” Pillsbury’s Inflight Audio (August 26, 2021).
  • “Episode 34: SPTs, KPIs, Green Project Guidelines and Digging Deeper into Sustainable Debt (Victoria Judd),” The Pillsbury Industry Insights Podcast (June 4, 2021).
  • “Episode #27: The State of Play: Brexit and the Financial Services Industry (Victoria Judd),” The Pillsbury Industry Insights Podcast (March 9, 2021).
• External Publications
  • Navigating New Capital: Debt Financing for Small and Growing Companies, Startups Magazine, Authors: Victoria Judd, 19/03/2024
  • Case Comment: Quincecare Revisited – The Supreme Court Decision in Philipp v Barclays Bank UK PLC - Victoria Judd, IBA Business Law International Journal, Authors: Victoria Judd, 24/01/2024
  • How the US Is Running Away with Green Investment, ESG Investor, Authors: Victoria Judd, 09/29/2023
  • Unstable Hydrogen Strategy Is Shifting Projects to Other Shores, Comment Central, Authors: Victoria Judd, 08/31/2023
  • Why Standard Definitions Is Best Way to Safeguard Against Greenwashing, FT Adviser, Authors: Victoria Judd, 08/11/2023
  • A Quick Fix?, Financial Regulation International, Authors: Victoria Judd, 06/15/23
  • Green Bonds: Finding the Balance, The Banker, Authors: Victoria Judd, 11/21/22
  • The Carrots and Sticks of Environmental Social Governance (ESG) Performance: How to Get Your ESG Carrots, Sustainable Investment, Authors: Deborah Ruff, Charles H. Golsong, Victoria Judd, Antony James Single, 11/03/22
  • The Role of CfDs in the Energy Transition, ESG Investor, Authors: Victoria Judd, Gibran Khalil Alaoui, 06/13/2022
  • Biomass Power Generation: A Technology For The Energy Transition Only?, Envirotec, Authors: Victoria Judd, 07/01/2021
  • Going Nuclear: A Question for Head or Heart?, Authors: Elina Teplinsky, Vincent C. Zabielski, Victoria Judd, 06/01/2021
  • What Does the UK Govt’s Green Recovery Plans Mean for Investments?, FT Adviser, Authors: Victoria Judd, 05/12/2021
  • Hydrogen–Conquering the Transportation Market, Environment Journal, Authors: Victoria Judd, 03/24/2021
  • The Rise of ESG Financial Products, The World Financial Review, Authors: Victoria Judd, Henrietta Worthington, 03/22/2021
  • How the LIBOR Transition Impacts Project Finance, Infrastructure Investor, Authors: Victoria Judd, Henrietta Worthington, 02/09/2021
  • Grey, Green, Pink and Blue: We Can Sing a Hydrogen Rainbow Too, Environment Journal, Authors: Gavin Watson, Victoria Judd, Jared Franicevic, 01/22/2021
  • Financing the Green Transition: The Evolution of Contracts for Difference, Financier Worldwide Magazine, Authors: Victoria Judd, 12/10/2020
  • Should Biomass Subsidies Continue in the UK?, Petroleum Economist, Authors: Victoria Judd, 12/01/2020
  • Is it Time to Reconsider Biomass Subsidies?, Environment Journal, UK, Authors: Victoria Judd, 10/14/2020
  • Prevailing Winds in the UK Point to Floating Offshore Projects, Energy Voice, Authors: Victoria Judd, 09/17/2020
• Firm Publications
  • Corporate Plastic Footprints: A Growing ESG and Sustainable Finance Focus, Authors: Christopher J. McNevin, Sheila McCafferty Harvey, Sidney L. Fowler, Victoria Judd, 09/14/2021
  • The UK Hydrogen Strategy, Authors: Sheila McCafferty Harvey, Elina Teplinsky, Vincent C. Zabielski, Victoria Judd, Meghan Claire Hammond, 08/23/2021
  • EU Takes Key Step in Taxonomy Rollout, Authors: Elina Teplinsky, Vincent C. Zabielski, Victoria Judd, 04/22/2021
  • EU Returns to Science-Based Decision-Making in Landmark Nuclear Report, Authors: Elina Teplinsky, Vincent C. Zabielski, Victoria Judd, 04/07/2021
  • UKRI has Awarded £171 Million to Projects in Pursuit of the UK Government’s Net Zero Targets, Authors: Victoria Judd, Jared Franicevic, 03/19/2021
  • The Sustainable Finance Disclosure Regulations (SFDR) Are Now Applicable, Authors: Gavin Watson, Victoria Judd, 03/12/2021
  • New ESG Disclosure Guide for Leveraged Finance Transactions, Authors: Victoria Judd, Henrietta Worthington, 01/22/2021
  • The Evolution of UK CfDs for Low-Carbon Electricity, Authors: Victoria Judd, 11/30/2020
  • LIBOR Transition: What Should a Corporate Borrower Be Considering?, Authors: Victoria Judd, 10/26/2020
  • Can the Sustainability Linked Loan Deliver Lasting Change?, Authors: Victoria Judd, Henrietta Worthington, 09/01/2020
• Blog Posts
  • “Hydrogen Powers Its Way from Proof of Concept to Reality in Real Estate,” Pillsbury’s Gravel2Gavel, April 13, 2021