A&O Shearman‘s team handles major international energy, infrastructure, and finance transactions, representing sponsors, project companies, and financiers. It has particular strengths in renewable power, LNG, petrochemicals, oil and gas, natural resources, and infrastructure, with significant growth in energy transition work. The team offers strong on-the-ground capabilities in Korea with full execution capacity. Co-head Henry Sohn has a robust background in projects and finance, known for his expertise in complex infrastructure and resource mandates, particularly for Korean clients navigating overseas projects. Co-head Matthias Voss brings extensive experience advising on international energy transition projects, including structuring and bankability issues.
Projects and energy: foreign firms in South Korea
A&O Shearman
Praxisleiter:
Henry Sohn; Matthias Voss
Weitere Kernanwälte:
Kyu Bang; Inhong Kim
Referenzen
‘The greatest strength of the A&O Shearman team is its members, who possess competent legal expertise and vast experience in different kinds of projects. The legal advice provided by the A&O Shearman team can always be relied upon to make progress in deadlock conflicting situations, and their meticulous documentation capabilities ensure that all negotiated terms are accurately documented without any parts being left out. I strongly recommend A&O Shearman for any Korean clients as its Seoul office is staffed with capable lawyers with Korean backgrounds who proficiently practice English law.’
‘I have worked with Henry Sohn and Inhong Kim in regard to three different projects. In all of these projects, their legal advice added value to the project and facilitated the negotiation and documentation of long and complicated terms and conditions. Their sincere and attentive services in representing our interests have certainly gained our trust. It brings great comfort to review and negotiate a deal with their presence and assistance.’
‘A&O Shearman is an outstanding law firm which has professional expertise in the oil & gas, petrochemical industries, regions such as the Middle East and Africa, new projects as well as restructuring projects. A&O Shearman has a diversified network all over the world; they could advise and suggest customised solutions through their professionals in each region.’
Kernmandanten
The Export-Import Bank of Korea (KEXIM)
Korea Trade Insurance Corporation (K-Sure)
SeAH Wind
LG Chem
SK E&S
Korea National Oil Corporation (KNOC)
Korea Electric Power Corporation (KEPCO)
ING Bank
Korea Water Resources Corporation (K-water)
Samsung C&T
GS E&C
Hyundai E&C
Stonepeak Infrastructure Partners
Green Investment Group
Hyundai Engineering
Hanwha E&C
Korea Gas Corporation (KOGAS)
POSCO International
Highlight-Mandate
Linklaters
Linklaters has a senior team of projects, energy, and infrastructure experts adept at executing large-scale mandates from Seoul. The firm advises a range of clients, including Korean ECAs, international and domestic banks, Korean sponsors, and global investors, on complex and strategic transactions both in Korea and internationally. Noted for its success in supporting international investors in Korean renewables, the team is also active in outbound energy transactions and project financings. Led by Joo Hee Lee, a leader in Korea’s project finance sector with robust ties to local financiers and sponsors, the team combines deep Korean expertise with international project finance insights, especially in the renewables sector.
Praxisleiter:
Joo Hee Lee
Weitere Kernanwälte:
James McLaren; Jenny Jo
Referenzen
‘Linklaters’ partners are very committed to the projects and especially to the needs of the clients so that they do not simply say no, while others tend to do so when faced with more or less tricky matters, including whether or not certain tasks fall within their job description.’
‘Joo Hee Lee stands out amongst many in terms of her strong commitment to the projects and communication with the clients.’
‘The Linklaters Seoul team is one of the best firms in this market. We always look for their support when we need any foreign law advice.’
Kernmandanten
BlackRock
KEXIM (The Export-Import Bank of Korea)
K-SURE (Korea Trade Insurance Corporation)
K-SURE (Korea Trade Insurance Corporation)
NH Investment & Securities Co., Ltd.
Samsung C&T
KEPCO (Korea Electric Power Corporation)
KOMIPO (Korea Midland Power Corporation)
KOSPO (Korean Southern Power Company)
KNOC (Korea National Oil Corporation)
KIND (Korea Overseas Infrastructure & Urban Development Corporation)
Lotte Chemical Corporation
Ontario Teachers Pension Plan
Standard Chartered Bank
ING Bank
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Credit Agricole Corporate and Investment Bank
BNP Paribas
Sumitomo Mitsui Banking Corporation
The Hong Kong and Shanghai Banking Corporation
Mizuho Bank Ltd.
CACIB
MUFG
Bank of America
Highlight-Mandate
Ashurst Korea JV
Ashurst Korea JV’s projects, energy transition, and real estate team is headed by Anna Chung, a leading figure in project finance. The team offers strong local expertise in handling both Korean outbound and inbound transactions, particularly within the energy sector. The Singapore-based Scott Baggett, a highly experienced practitioner, advises sponsors and lenders on the financing and development of projects across various industries, with a focus on power, petrochemicals, oil and gas, and mining and metals. The group is well-equipped to manage complex, cross-border project work with a focus on energy transition.
Praxisleiter:
Anna Chung
Weitere Kernanwälte:
Scott Baggett; Stella Bae
Referenzen
‘Ashurst’s Seoul team is outstanding in managing the project issues and producing tailored solutions with in-depth professional and industrial expertise.’
‘Anna Chung and Stella Bae have excellent project knowledge and communication skills and can handle both project and client-specific issues in a sophisticated manner.’
‘Anna Chung and Stella Bae provided us with exceptional services in terms of legal matters, negotiations and solutions in a PF transaction that we were involved with.’
Kernmandanten
Korean Overseas Infrastructure & Urban Development Corporation (KIND)
The Export-Import Bank of Korea (K-EXIM)
Korea Trade Insurance Corporation (K-SURE)
Ark Energy Corporation Pty. Ltd., subsidiary of Korea Zinc
International Finance Corporation (IFC)
Asia Development Bank (ADB)
British International Investment (BII, formerly CDC)
Dutch Entrepreneurial Development Bank (FMO)
Standard Chartered Bank
Mitsubishi UFJ Financial Group, Inc.
AC Infrastructure Holdings Corp.
Samsung C&T
Highlight-Mandate
- Advised The Export-Import Bank of Korea (K-EXIM), Standard Chartered Bank and Riyad Bank on Korea Electric Power Corporation’s (KEPCO) development and financing of the 270MW Jafurah Cogeneration Project, a combined heat and power plant project in Saudi Arabia.
- Advised the lenders, including the Dutch Entrepreneurial Development Bank (FMO), DEG, OPEC Fund and GuarantCo., in connection with the restructuring of the project financing of the 82MW Lower Solu run-of-the-river hydropower project in Nepal.
- Advised Korean Overseas Infrastructure & Urban Development Corporation (KIND) in connection with the concession arrangements for the financing and development of the bridge on Bhulta-Araihazar-Bancharampur Road (R-203) over the Meghna River in Bangladesh.
Milbank
Milbank represents major Korean export credit agencies and leading commercial lenders and has built a solid borrower client base. Known for handling high-value, complex project financings, the firm excels in the energy and power sectors and is expanding into large-scale global projects featuring new technologies. Its aviation sector work further highlights its versatile expertise. The team is led by the ‘responsive and reliable’ David Gartside, who brings comprehensive knowledge and experience across power, transportation infrastructure, and resort projects.
Praxisleiter:
David Gartside
Referenzen
‘High-calibre finance, development and M&A team from partner down, with a strong presence in Seoul. Able to bring deep industry expertise and know-how in infrastructure, energy transition and related sectors. Always looking to add value. Not just exceptionally smart lawyers but very personable and always available.’
‘David Gartside is exceptionally smart, a problem solver and a strategic advisor.’
‘Milbank’s project finance group is second to none in the breadth of experience, knowledge, ECA connectivity, and practical understanding of project finance schedules and pitfalls. Its practical understanding of what lenders require of sponsors to consummate FID is excellent. Milbank is a global franchise and the various offices work seamlessly together to provide premium services to sponsors and lenders.’
Kernmandanten
The Export-Import Bank of Korea (KEXIM)
The Korea Trade Insurance Corporation (K-SURE)
Woori Bank
Korean Airlines
Asiana Airlines
Australia and New Zealand Banking Group, Ltd
Standard Chartered Bank
Shinhan Bank
European Investment Bank
Société Générale
BNP Paribas
ING Bank
Export Development Canada
Highlight-Mandate
- Represented a group of international financial institutions, including Korea’s export credit agency, K-SURE, on a $940 million green loan financing for Korean auto parts manufacturer Hyundai Mobis to expand its US electrification businesses.
- Advising ANZ, HSBC, KEXIM and K-SURE in connection with a US$1 billion term loan facility for LG Display Vietnam Haiphong Co., Ltd.
- Representing BNP Paribas, HSBC, KEXIM and KSURE in the US$860M KEXIM & K-SURE covered financing for the construction of EcoPro’s cathode manufacturing plant in Hungary.
White & Case LLP (Foreign Legal Consultant Office)
White & Case LLP (Foreign Legal Consultant Office) is known for managing high-value transactions and project financings for Korean and international sponsors, particularly active in natural resources and traditional energy as well as the growing renewable energy and energy transition space. Sungjin Kang leads the team, bringing extensive experience advising both export credit agencies and private-sector lenders. The team’s expertise across major industries positions them as a trusted advisor for large-scale, cross-border projects. Dongho Lee brings experience in advising Korean and global energy and technology companies on cross-border energy and infrastructure M&A transactions, investments, strategic alliances, and joint ventures.
Praxisleiter:
Sungjin Kang
Weitere Kernanwälte:
Dongho Lee
Kernmandanten
Lotte Chemical Corporation
PT Pertamina (Persero)
Korea Midland Power Co., Ltd. (KOMIPO)
Sprott Korea Investment Corp.
Posco Eco & Challenge
PT Wampu Electric Power
The Export Import Bank of Korea
Banco KEB Hana Mexico
Lotte Energy Materials Co. Ltd.
Copenhagen Infrastructure Partners
SK E&S Co., Ltd.
Highlight-Mandate
Baker McKenzie KLP JV
Baker McKenzie KLP JV strengthened its presence in Korea through a joint venture with KL Partners, launched in November 2023. This collaboration aligns Baker McKenzie’s energy, infrastructure, and outbound financing expertise with KL Partners’ cross-border disputes and inbound corporate capabilities. The global Korea practice is led by the Hong Kong-based Won Lee, while Jae-Hyon Ahn heads the joint venture’s finance and projects group, specialising in renewable energy and project financing. Albert Chung also plays a key role, focusing on M&A, LNG, and greenfield developments.
Praxisleiter:
Won Lee
Weitere Kernanwälte:
Jae-Hyon Ahn; Albert Chung
Highlight-Mandate
DLA Piper
DLA Piper’s Seoul office is highly regarded for advising Korea-based companies on overseas ventures across energy, renewables, oil and gas, power, and mining sectors. Country managing partner Daniel Lee is a key contact known for his strong relationships with Korean clients. Ted Yi focuses on major renewables projects, assisting companies in achieving decarbonisation objectives. Brian Youn is the lead partner for project financing transactions, further strengthening the firm’s capabilities in handling complex, cross-border matters.
Praxisleiter:
Daniel Lee; Brian Youn
Weitere Kernanwälte:
Ted Yi; Robert Song; Damian JH Moon
Referenzen
‘Throughout our collaboration, the collective support and assistance from the DLA Piper team proved crucial. The advice covered a broad spectrum of practical tips in the energy sector, and they skillfully orchestrated the coordination across multiple jurisdictions. In summary, the level of service provided by DLA Piper was impressive, and I would not hesitate to engage them again and would welcome the opportunity to work with them again on future projects.’
‘I was particularly impressed with the level of service provided by Ted Yi and Robert Song. Without needing specific instructions, Yi was already aware of our concerns and able to safeguard not only our legal interests but also our commercial interests. Robert Song on Ted’s team is also very responsive and has skillfully orchestrated the coordination across multiple offices.’
‘We engaged DLA Piper for a wide range of matters including civil, criminal and enforcement in the area of the renewable energy industry. Throughout our partnership, we were extremely satisfied with the level of support and assistance from DLA Piper. In the ever-changing landscape of international business, DLA Piper remained vigilant to significant developments that could impact our project and provided us with timely input.’
Highlight-Mandate
- Advising a major Korean company on its US$10 billion project to build EV battery manufacturing plants in the U.S.
- Advising a large global steel manufacturer on a greenfield project to build a renewable hydrogen plant in Australia.
Latham & Watkins LLP
Latham & Watkins LLP advises lenders, borrowers, project companies, governments, and state entities on complex, high-profile projects across the Asia-Pacific. With the team spread across Seoul, Tokyo, and Singapore, it excels in multi-sourced project financings across energy, infrastructure, mining, transport, and telecoms. Led by Stephen McWilliams, who brings significant experience in LNG, petrochemicals, and renewables deals involving Korean parties, the team also benefits from Richard Chul Kim’s Tokyo-based expertise in multi-jurisdictional financings with Korean sponsors, lenders, and government agencies.
Praxisleiter:
Stephen McWilliams
Weitere Kernanwälte:
Richard Chul Kim; Yejin Kim
Kernmandanten
Export-Import Bank of Korea (KEXIM)
Korea Trade Insurance Corporation (K-SURE)
Delfin Midstream
Korea National Oil Corporation
Korea Midland Power Co.
Daelim Energy
Korea Southern Power Co. Ltd.
Highlight-Mandate
- Advising KEXIM, K-SURE, Export Finance Australia, and a group of additional lenders in connection with the development and financing for the Caldita-Barossa offshore gas field development project off the coast of Australia.
- Advising the Export Credit Agencies and lenders on the project development and financing of the proposed Papua LNG Project in Papua New Guinea.
- Advising Delfin Midstream, as project developer, on the development and construction of a proposed 13.3 MTPA floating LNG export terminal, approximately 40 nautical miles off the US Gulf Coast, using multiple FLNG vessels.