Project and infrastructure finance advisory house Taylor-DeJongh has announced the promotions of Afonso Reis e Sousa to director and Paolo Curiel to vice-president, as well as the addition of William Clark and Scott Flippen as associates.

Reis e Sousa, of Taylor-DeJongh’s London office, is currently advising US Ex-Im Bank on its first limited-recourse loan in Saudi Arabia for a telecoms project and advising the National Oil Company on the financing of a greenfield oil refinery as well as the valuation of and potential acquisition strategy for other assets.

He has also been advising the entity developing the Aqaba (Jordan) Special Economic Zone, on the evaluation of bids and contract negotiations in relation to an air cargo terminal and on the development of the Aqaba Port Container Village.

Before joining Taylor-DeJongh, Reis e Sousa was at Dresdner Kleinwort Wasserstein (London) in the natural resources, corporate finance and origination group, and was part of the project finance and advisory group at Deutsche Morgan Grenfell (London).

Curiel, from Taylor-DeJongh’s Washington office, has been promoted to vice-president. His activities include acting as a buy-side advisor to a financial investor for the acquisition of a Houston-based oil service company, advising the developer and promoter of a large inter-modal infrastructure project in Central America, and managing project development activities including the formation of an investment vehicle for energy projects.

He also performs financial and commercial due diligence. Before joining Taylor-DeJongh, Curiel was a consultant at the World Bank and was an investment banking associate in energy and infrastructure at PricewaterhouseCoopers Corporate Finance.

Clark has joined as an associate in the London office. Clark recently completed an assignment on-site at a Russian natural gas company, where he assisted in its efforts toward developing a large-scale upstream and LNG liquefaction project.

While in Russia, Clark developed a financial model to analyse the economic effects of various upstream development programmes and led a technical and financial sales team in the marketing of a major hydrocarbon production asset. Other assignments include the due diligence and financial analysis on behalf of a lender bank for a large Middle Eastern telecom project and a comprehensive analysis of shipping options for an Atlantic Basin LNG project.

Before Taylor-DeJongh, Clark was at Lehman Brothers, where he tracked pending energy legislation and regulations for market and sector impacts, and at the US department of commerce, where he researched energy related commercial issues and trade barriers.

Flippen has been named an associate in Washington, DC. His recent advisories include an overview of the role of LNG in the North American market for a major international utility, an analysis of global LNG supply capacity and the identification of potential LNG suppliers for import terminals in South America and the Caribbean.

Flippen’s work in the power sector has included an analysis of the electricity market in Peru and he is managing a feasibility study for a power plant in West Africa. Assignments for international organisations include work on an energy security study for the United Nations that will be presented at the upcoming G-8 summit and co-management of a natural gas market study and symposium for the Asia Pacific Economic Cooperation.