With an impressive client roster of sponsors, strategic and financial investors, state-owned entities, construction and engineering firms, and lenders, Kim & Chang has a comprehensive offering, covering transactional, regulatory, contentious, compliance and development work on energy projects. The department is under the leadership of a seasoned duo of Yon-Kyun Oh and Ick-Ryol Huh. Huh concentrates on project finance and acquisition finance, and Oh focuses on mergers and acquisitions in the energy and construction sectors. Young-Kyun Cho is the name to note for developers and investors for renewable energy projects, including offshore and onshore wind power projects. Chang Sup Kwon has deep knowledge on energy project developments, while Dae-Hyuk Choi takes the lead on M&A transactions and regulatory issues relating to various energy sources.
Projects and energy: local firms in South Korea
Kim & Chang
Praxisleiter:
Yon-Kyun Oh; Ick-Ryol Huh
Weitere Kernanwälte:
Young-Kyun Cho; Chang Sup Kwon; Dae-Hyuk Choi
Referenzen
‘Their approach is more efficient and effectively helped us to decide on time.‘
‘They are competitive and synchronising well.’
Kernmandanten
POSCO International
Equinor ASA
KEXIM (Korea Export-Import Bank)
Ørsted A/S
KOGAS (Korea Gas Corporation)
Hanwha Energy
BP p.l.c.
Kohlberg Kravis Roberts & Co. L.P.
KEPCO (Korea Electric Power Corporation)
Copenhagen Infrastructure Partners
Highlight-Mandate
- Represented Korea Southern Power in its participation in the Tender for Clean Hydrogen Portfolio Standard in 2024.
- Advised Equinor on the successful award of REC SPA via the auction process for the capacity volume of 750 MW.
- Advised SK E&S on its merger with SK Innovation.
Lee & Ko
Lee & Ko has a robust offering covering all services related to the project development market. The firm's key areas of expertise include traditional coal-fired energy generation projects as well as renewable energy projects and infrastructure projects, both domestically and internationally. Dong Eun Kim and Hun Ko jointly lead the team; Ko's practice has a particular focus on PPI projects and project finance, and Kim is a seasoned advisor on inbound and outbound transactions relating to energy. Jungmin Pak balances a varied workload of energy projects and infrastructure projects. Lachlan Barth is an Australian-qualified lawyer, regularly advising project developers, sponsors and financiers. Weon Sik Chung is also a key name in the team. Hyunsu Kim left the team in May 2025.
Praxisleiter:
Dong Eun Kim; Hun Ko
Weitere Kernanwälte:
Jungmin Pak; Lachlan Barth; Weon Sik Chung
Referenzen
‚The team has the strongest track record in energy infrastructure projects in Korea, and its broad experience enables it to provide clients with swift and clear responses. Also, their dedication to their work and clients is truly exceptional.‘
Kernmandanten
LX International
Equinor
CI Offshore Wind Korea Co., Ltd.
KOOKMIN Bank
DL Energy
Brite Energy Partners
Korea Development Bank, KIAMCO
Shinhan Asset Management
Korea Investment Private Equity,
Eugene Private Equity,
Korea Development Bank
SK D&D Co., Ltd.
KB Asset Management
Poongbaek Green energy
Korea Midland Power Co., Ltd
NH Investment & Securities
Kyobo AIM Asset Management
NH-Amundi Asset Management
Argo Energy
Ramboll
DL E&C
Equis Development Pte.Ltd.
Glennmont Partners
Green Harbor Investment
IGIS Asset
Korea Electric Power Corporation
Korea Overseas Infrastructure & Urban Development Corporation (KIND)
Samsung Asset Management Co., Ltd.
Stonepeak
Highlight-Mandate
- Advised NH Investment & Securities and Korea Investment & Securities, acting as the joint arrangers and original lenders, on the KRW 120 million financing of the acquisition of 51% of the shares in DCK One by Digital Edge from SK ecoplant.
- Advised Brookfield on its acquisition of a 100% stake in Hanmauem Energy with its affiliates, a company operating multiple highway solar power plants in South Korea.
- Advised the mandated lead arranger, Shinhan Bank, and other lenders for senior loan facilities in connection with the Dangjin Phase 1 Solar Power Plant Project, with a total project cost of approximately $95.8m with installed capacity of 120MW.
Shin & Kim
Shin & Kim continues to attract clients thanks to its cross-border capabilities, coupled with its robust offering in the projects space, spanning energy and power, natural resources and infrastructure projects. Practice co-head Sang-Hyun Lee offers a wealth of experience on project finance and energy mandates, and fellow co-head Michael Chang is regarded for having a ‘strong grasp of Korean law and interfaces with his Korean attorney colleagues effectively’, positioning him to oversee cross-border projects. Seung Gyu Yang advises on a variety of renewable energy projects, while Bong-Sang Cho, fielding a broader background in finance, is a key name for acquisition financings. Hyun Mi Cho is rated for power generation projects, and Claire (Mi-Jin) Kim acts for lenders and sponsors in international energy, infrastructure and PPP projects.
Praxisleiter:
Sang-Hyun Lee; Michael Chang
Weitere Kernanwälte:
Seung-Gyu Yang; Hyun Mi Cho; Claire (Mi-Jin) Kim
Referenzen
‘Shin & Kim’s energy team is multi-disciplinary, so in addition to having general expertise, experience and depth in general energy subject matter areas, the group also has the ability to pull in expertise in other related areas as necessary.’
‘For international clients, foreign attorney Senior Partner Michael Chang really makes it all happen for the energy group. Backed with his own professional experience in Korea, Australia and other parts of Asia, he has a strong grasp of Korean law and interfaces with his Korean attorney colleagues effectively and efficiently.’
‘Shin & Kim are known for their accessibility, response time, collaboration, and professionalism.’
Kernmandanten
Hana Bank
Korea Power Exchange
The Korea Development Bank
Korea Export-Import Bank (KEXIM)
Chevron Singapore Pte. Ltd.
Equis Energy Co., Ltd.
Korea National Oil Corporation (KNOC)
Industrial Bank of Korea
Korea Electric Power Corporation (KEPCO)
Korea Gas Corporation (KOGAS)
POSCO Holdings Inc.
Korea Trade Insurance Corporation (K-SURE)
Korea South-East Power
SK D&D
SK Ecoplant
SK E&S
Chunil Energy
Total Energies
KDB Infrastructure Investments Asset Management Co., Ltd.
Macquarie Korea Asset Management Co., Ltd.
Highlight-Mandate
- Advised Equis Development on the Anma Offshore Wind Power Project.
- Advised Woori Bank on equity bridge loan financing for the Facility E Independent Water and Power Production (IWPP) Project in Qatar.
- Advised Korea Power Exchange and Woori Bank on the Jeju BESS (Battery Energy Storage System) Project.
Bae, Kim & Lee LLC
At Bae, Kim & Lee LLC, the energy and infrastructure team combines expertise in project development, project finance, M&A, construction, technology and public-private partnership projects. The team particularly excels in renewable and alternative energy projects for multinational energy companies. Practice head Hyunchul An is a key contact for multinational and domestic entities on their investment in and development of energy projects in Korea. Among a broad practice spanning energy-related regulatory and transactional work, Wonchul Nam has been involved in the construction and operation of power plants and the establishment of joint ventures. Seungkyo Lee left the firm in February 2025.
Praxisleiter:
Hyunchul An
Weitere Kernanwälte:
Wonchul Nam
Kernmandanten
Doosan Logistics Solutions
GS Engineering & Construction Corp
Incheon Airport
Korea East-West Power Co., Ltd.
Korea Electric Power Corporation (KEPCO)
Korea Electric Power Corporation (KEPCO) KPS
Korea Hydro & Nuclear Power Co., Ltd.
Korea Western Power Co., Ltd.
Ørsted
SK Gas
Highlight-Mandate
- Advised on IIAC’s participation in the Ninoy Aquino International Airport project in the Philippines, including its equity investment, project financing, and advisory role under the OMATS Agreement.
- Represented SK Gas in the development of the $855m Korea Energy Terminal, advising on the joint venture with Korea National Oil Corp., incorporation of KET, and all legal aspects of the seven-year public-private project.
- Advised Korea East-West Power (EWP) on its provision of guarantees and security in the KRW 1.9 trillion AMAALA solar and ESS project in Saudi Arabia, including negotiation support, regulatory compliance, and cross-border legal opinions for successful project financing.
Yulchon
Regarded for its ‘multidisciplinary expertise, international reach, and depth in highly regulated and emerging sectors', Yulchon is well placed to advise on greenfield projects in and outside of Korea. The practice group is co-led by experienced partners Kum Ju Son, who acts for major energy companies in Korea on transactions, financings and energy-related disputes; and Raymond Kang, who focuses on international and domestic greenfield and brownfield energy and infrastructure projects. The team benefits from Hong Kim‘s practice, which spans environment, energy, M&A and private equity investment, enabling him to lead on various development and investment project mandates.
Praxisleiter:
Kum Ju Son; Raymond Kang
Weitere Kernanwälte:
Hong Kim; Hyun Gyu Kang; Jay Son Yang; . Weon Jin Kim
Referenzen
‘The team stands out for its deep expertise in handling complex cross-border disputes, particularly in the construction and infrastructure sectors. What distinguishes the team is the direct involvement of highly experienced and dedicated partners who bring not only legal acumen but also a strong understanding of the technical and commercial aspects of foreign construction projects.’
‘Ms. Hyun Gyu Kang stands out for her exceptional depth of knowledge and unwavering dedication to her clients. What distinguishes her from others in the field is not only her sharp legal insight, particularly in complex cross-border construction disputes, but also her hands-on approach and responsiveness throughout every stage of a matter.’
‘The practice with Yulchon Team stands out for its deep industry knowledge and hands-on experience in offshore wind projects. Clients value the multidisciplinary team’s ability to deliver practical, commercially focused advice across all project phases—from permitting and construction to financing and operations.’
Kernmandanten
Korea Electric Power Corporation (KEPCO)
Korea National Oil Corporation (KNOC)
Korea Gas Corporation (KOGAS)
Korea Western Power Co., Ltd.
Korea South East Power Co., Ltd.
Korea Midland Power Co., Ltd.
Korea Hydro & Nuclear Power (KHNP)
GS Engineering & Construction Co., Ltd.
GS Power Co., Ltd.
POSCO Co., Ltd.
POSCO Engineering & Construction Co., Ltd.
Hyundai Oilbank Co., Ltd.
Hyundai Engineering & Construction Co., Ltd.
POSCO International Corporation
Hanwha Impact
SK Chemicals Co., Ltd.
Mirae Asset
Asia Development Bank (ADB)
wpd AG
Korea Overseas Infrastructure & Urban Development Corporation
Daewoo Engineering & Construction Co., Ltd.
Hanwha Energy Co., Ltd.
Korea Floating Wind Power Co., Ltd. (SPC of Ocean Winds Korea)
East Blue Power Co., Ltd.
Firefly Floating Offshore Wind Co., Ltd. (SPC of Equinor Korea)
MunmuBaram Co., Ltd. (SPC of Shell Korea)
Lotte Chemicals Co., Ltd.
SK E&S Co., Ltd.
Hanwha Ocean CO., Ltd.
Hanwha Convergence Co., Ltd.
STIC Alternative Co., Ltd.
Korea Development Bank (KDB)
RWE Renewables Korea LLC.
ISU Chemical Co., Ltd.
Harim Industry Inc.
Hanwha Corporation
Hanyang Corporation
SK Ecoplant Co., Ltd.
Enel Green Power
IMM Investment
Ocean Winds
Korea Logistics Renewable Energy Co., Ltd
Encored Technologies, Inc.
Glennmont partners, Ltd.
Korea East-West Power
Teraeco Solutions
Highlight-Mandate
- Assisted in the El-Dabaa Nuclear Power Plant Project in Egypt.
DR & AJU LLC
DR & AJU LLC is well positioned to advise clients in a wide array of sectors, including renewables, LNG, power generation and infrastructure, and it is also skilled at helping clients with renewable energy projects. Mihyun Melissa Park oversees the team and has a demonstrable track record advising financiers and sponsors on the development, financing and acquisition of infrastructure and energy projects. Heejin Kim provides guidance to investors on the development of their projects internationally, and Sohyun Yoon primarily focuses on disputes arising from projects.
Praxisleiter:
Melissa Mihyun Park
Weitere Kernanwälte:
Heejin Kim; Sohyun Yoon
Kernmandanten
KDB Life Insurance Co., Ltd.
Lotte Insurance Co., Ltd.
Kyowon Invest Co., Ltd.
Kyowon Life, Inc.
Korea Exchange Inc.
Kiwoom Asset Management Co., Ltd.
Hyundai Asset Management Co., Ltd.
Daol Investment & Securities Co., Ltd.
NH Investment & Securities Co., Ltd.
Korea Transportation Asset Management Co., Ltd.
Highlight-Mandate
- Represented KDB Life Insurance, Lotte Insurance, Kyowon Invest and Kyowon Life, who incurred a complete loss in the Frontera Project.
- Advised Kiwoom Asset Management in connection with the Cricket Valley Natural Gas Fired Power Plant Project and the HoldCo Loan.
- Advise Korea Southern Power in relation to a 510MW wind farm construction project located in Shinan, Jeonnam, Korea.
Jipyong LLC
Jipyong LLC is positioned to assist clients in the energy sector, including companies involved in power generation, renewable energy and alternative energy sources, as well as in social infrastructure projects, where the team offers comprehensive advisory services. Department head Hye Jung Ryu advises domestic and international clients regarding overseas investment, resources, energy and construction matters. Hoon Lee is an experienced advisor on international transactions and brings additional knowledge of renewable energy, particularly wind and solar power generation.
Praxisleiter:
Hye Jung Ryu
Weitere Kernanwälte:
Hoon Lee
Kernmandanten
Truston Asset Management, Korea Factory Rooftop Solar Power Holding Co.
Moonstone Asset Management, KB Kookmin Bank
B.Grimm Power Korea Limited
B.Grimm Power Korea Limited
Myungwoon Industry Development Co., Ltd.
Highlight-Mandate
- Advised T Renewable on financing for the implementation of a factory rooftop-type solar power generation project through a subsidiary.
- Represented Moonstone Asset Management and KB Kookmin Bank in amending the financial provisions of the existing loan agreement related to a 93.6 MW wind power project led by Yangyang Suri Wind Power in Yangyang-gun, Gangwon Province.
- Advised B. Grimm Power Korea on the acquisition of existing shares issued by Myungwoon Industry Development and Nakwol Blueheart.
Yoon & Yang LLC
Yoon & Yang LLC provides 'excellent service' in development projects involving conventional energy resources, renewable energy resources and new energy resources. Young Woo Park leads the team and has significant experience in project finance, public capital projects and overseas investments. Soong-Ki Yi is a key contact for the firm's energy clients for support on acquisition financing, cross-border M&A, and energy and natural resources.
Praxisleiter:
Young Woo Park
Weitere Kernanwälte:
Soong-Ki Yi
Kernmandanten
Korea Overseas Infrastructure & Urban Development
Corporation (KIND)
DL E&C
LX International
Macquarie Capital
Vena Energy
Ministry of Trade, Industry and Energy
Korea Power Exchange (KPX)
Korea Gas Corporation (KOGAS)
Korea Electric Power Corporation (KEPCO)
Korea South East Power
Korea Midland Power
SK Energy
CS Wind
Doosan Enerbility
E1
SK E&S
SK Ecoplant
Highlight-Mandate
- Advised the Tanzania National Roads Agency on a PPP project for the construction of the Morogoro – Kilbaha section of the highway.
- Advised the Korea Overseas Infrastructure & Urban Development Corporation (KIND) and LX International Corp by conducting a feasibility study and due diligence in connection with the development of a solar power project with 100 MWp to be located in ex-mining land in East Kalimantan, Indonesia.
- Provided legal advice to the Ministry of Trade, Industry and Energy and the Korea Power Exchange (KPX) regarding the design of the vesting contract system and associated legal matters.