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Olga Davydava

Olga Davydava


Olga is a finance and projects specialist with particular experience in project finance.



Based in the Moscow office, she has more than 10 years experience in various types of finance and project finance and has worked on projects in Russia, Africa, Eastern and Western Europe.

Olga helps business – mainly in energy, natural resources, mining, infrastructure and banking sectors – structures bankable projects, raises or advances financing on project finance terms, analysis risk profile of projects and addresses all other ancillary issues arising from construction, project document, environment, sanctions and other regulatory issues.

Olga has played a major role on a number of "first of a kind" award-winning project finance deals which required innovative approach and structuring.

Olga also advises on corporate finance transactions, carry finance, trade finance deals and asset finance deals.

Clients consider Olga to be "really good at finding a solution acceptable to everyone" and as someone who "always gives commercial, thought-through and practical advice".

Chambers describes Olga as a well-respected project finance lawyer who receives plenty of compliments from clients and peers alike.

Olga was marked by Legal 500 EMEA 2015 as "an experienced and creative project finance expert" and "a commercially minded adviser and great problem-solver, the partner you want on your side in a project finance deal".

Olga's experience includes advising:

  • Gazprom Pererabotka Blagoveshchensk LLC as the project company's legal adviser  in connection with construction, procurement and financing of a gas processing plant in Amur region
  • the commercial lenders and ECAs including Euler Hermes, EXIAR, JBIC, NEXI, SACE, SERV and VEB on the US$13 billion South Stream pipeline from Russia, through Turkish territorial waters, to Bulgaria
  • Vnesheconombank as guarantor in relation to a guarantee in the amount of US$3 billion to be given in favour of the lenders to Yamal LNG guaranteeing Novatek's payment obligations as sponsor of the project under its debt service undertaking granted to the same lenders in relation to project financing of OJSC Yamal LNG
  • VTB Capital on a concession project related to the construction, operation and financing of the toll-road bridges over the rivers Kama and Bui in the Republic of Udmurtiya



Olga is English law qualified and has worked in Sydney and Moscow. Olga holds a Bachelor of Laws with honours from Flinders University of South Australia.

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