Kim & Chang is a ‘one-stop shop’ with considerable experience in the energy sector, boasting a strong track record in cross-jurisdictional project financing. The team is co-headed by Yon Kyun Oh and Ick Ryol Huh. Chang Sup Kwon acts for sponsors of domestic and overseas renewable project developments, while Min-Young Oh advises on large-scale projects in the power generation industry and Chang-hee Shin advises on project developments and acquisition of power and energy companies and assets. Young-Kyun Cho is another key contact in the group. Bong-Sang Cho and Claire (Mi-Jin) Kim left the firm in March and April 2023 respectively.
Projects and energy: local firms in South Korea
Kim & Chang
Responsables de la pratique:
Yon Kyun Oh; Ick Ryol Huh
Autres avocats clés:
Chang Sup Kwon; Min-Young Oh; Chang-hee Shin; Young-Kyun Cho
Les références
‘The team at Kim & Chang is very capable. A one-stop shop for all aspects legal, and beyond.’
Principaux clients
POSCO Energy / POSCO
Hyundai Oilbank
KEXIM
S-Oil Corporation
KOGAS
Hanwha Energy
KDB
Kohlberg Kravis Roberts & Co. L.P.
KEPCO (Korea Electric Power Corporation)
Copenhagen Infrastructure Partners
Principaux dossiers
- Advised Kohlberg Kravis Roberts’ acquisition of equity interests in SK E&S.
- Advised POSCO International on merger of POSCO Energy.
- Advised Korea Gas Corporation on its proposed establishment of a joint venture with US companies for the development of a liquefied hydrogen storage and transportation technology, or as an alternative, its proposed acquisition of a stake in that US companies.
Lee & Ko
Lee & Ko is renowned for its market leading experience in the project and energy arena, handling the full range of domestic and international project management mandates. With over 20 years' experience, Dong Eun Kim co-heads the team alongside Tom Shin and Hun Ko, and frequently represents key project stakeholders, government institutions and major Korean and international investors in both inbound and outbound investments. Jae Hoon Lee advises on high-profile infrastructure matters and a range of landmark power projects including PPI. Kwang Yul Kim assists with construction contracts and long-term service agreements, while Insoo Kim handles renewable energy cross-border investments. Hyunsu Kim is another key contact in the group.
Responsables de la pratique:
Dong Eun Kim; Tom Shin; Hun Ko
Autres avocats clés:
Jae Hoon Lee; Kwang Yul Kim; Insoo Kim; Hyunsu Kim
Principaux clients
Bloom Energy
Dealim Energy
Samsung Life Insurance
KEPCO
SK E&S
IGIS Asset Management Co., Ltd
Meritz Securities Co., Ltd
NH-Amundi Asset Management
NH Investment Securities
Mirae Asset Global Investments Co., Ltd
Mirae Asset Daewoo
KB Securities Co., Ltd.
Industrial Bank of Korea
Korea Development Bank
KDB Infrastructure Asset Management Co., Ltd
Shinhan Bank
Shinhan Asset Management (previously “Shinhan BNP Paribas”)
Hanwha Asset Management Co., Ltd
Macquarie Capital Korea Limited
Kookmin Bank
Samsung Securities
Hyundai Energy Private Equity Co., Ltd
Stonebridge Capital
FG Partners
Hangang Asset Management Co., Ltd.
EQ Partners
Hana Financial Investment
Samsung Asset Management Co., Ltd
KB Asset Management Company
Samtan
Equis Pte.
Stonepeak Infrastructure Partners
Eugene Private Equity
PineStreet Asset Management Co., Ltd
Diode Ventures LLC
LightSource BP
Keppel Renewable Energy
Sprott Korea
NewCold
Glennmont Partners
Black & Veatch
Principaux dossiers
- Advised the mandated arranger, Kookmin Bank and syndicated lenders in connection with Ulsan GPS LNG/LPG 1,227MW Combined Power Plant and Terminal Project as well as SK Gas LTD and Ulsan GPS Co. Ltd. on the ethical wall basis
- Advised Korea Development Bank, Bank of America, Credit Agricole, Industrial Bank of Korea, Mizuho, Societe General, MUFG, Standard Chartered, and Sumitomo in connection with the transaction involving development and financing of the first phase of the 99MW Jeonnam 1 Offshore Wind Farm in South Korea.
- Advised Sprott Korea Investment Corp, Prime Capital, Shinhan Bank Europer GmbH; Shinhan Asset Management, Woori Bank Europe GmbH , Kookmin Bank, and London Branch in connection with the transaction involving development and financing of an approx. 74.4 MW onshore wind farm in Sweden.
Shin & Kim
Boasting an impressive roster of clients in the private and public sectors, Shin & Kim’s specialised projects and energy practice advises on matters concerning infrastructure, power project management and development, as well as financing. The team is jointly led by Sang-Hyun Lee and Michael Chang, who handle landmark renewable energy transactions, while Hyun Mi Cho advises domestic and international financial companies and industrial corporates, focusing on gas projects. A key contact for large-scale energy and greenfields PPPs, Seung-Gyu Yang is also recommended. Sangmyoung Shin joined the practice from Kim & Chang in February 2023, with Bong-Sang Cho and Claire (Mi-Jin) Kim following suit in March and April 2023 respectively.
Responsables de la pratique:
Sang-Hyun Lee; Michael Chang
Autres avocats clés:
Hyun Mi Cho; Seung-Gyu Yang; Sangmyoung Shin; Bong-Sang Cho; Claire (Mi-Jin) Kim
Les références
‘The team’s advice is unparalleled.’
Principaux clients
SK E&S
Korea Gas Corporation (KOGAS)
Macquarie Korea Asset Management Co., Ltd.
KDB Infrastructure Investments Asset Management Co., Ltd.
Experian Singapore Pte Ltd.
Pacifico Energy Korea
Australian Strategic Materials Limited
Korea Trade Insurance Corporation
KREDO Holdings Ltd.
Korea East West Power
Total Eren S.A.
Green Investment Group Korea Limited
Vena Energy
Korea East West Power
KREDO Holdings Ltd.
Busan-Jungkwan Energy
Korea Electric Power Corporation
Equis Energy Co., Ltd.
SK Forest Co. Ltd.
Korea Export-Import Bank
Bae, Kim & Lee LLC
Noted for its expertise in high-value project developments and financing arrangements, Bae, Kim & Lee LLC’s team specialises in matters concerning renewable and alternative energy. Practice leader Seungkyo Lee handles the full range of investments, developments, IPP business, and energy-related M&A for both international and domestic clients. Hyunchul An, who is praised as ‘trustworthy and inspires unmatched confidence’, and Hyukjin Im advise foreign clients on inbound Korean projects and multinational investments, as well as advising on operations and maintenance. Ho Jin Kim, who provides strategic advice on financing and joint development agreements, is another key contact in the group.
Responsables de la pratique:
Seungkyo Lee
Autres avocats clés:
Hyunchul An; Hyukjin Im; Ho Jin Kim
Les références
‘Great knowledge of the Korean renewables sector that has not been matched by any other local firms.’
‘Hyunchul An provides clear and concise explanations on Korean regulations. He is trustworthy and inspires unmatched confidence.’
Principaux clients
EDP Renováveis
FRV Services Korea / Fotowatio Renewable Ventures S.L.
HEXA Renewables Korea
Korea Express Corporation
Korea Overseas Infrastructure & Urban Development Corporation, Hyundai Engineering
KEPCO Plant Service & Engineering Co., Ltd
LX International Corp.
Shinhan Bank
Principaux dossiers
- Advised Shinhan Bank on financing for the solar power plant development project in Korea, sponsored by a global investor KKR.
- Advised LX International Corp on its acquisition of 63.34% shares of Poseung Green Power Co., Ltd. from DL Energy Co., Ltd.
- Advised Korea Expressway Corporation on its execution of Operation & Maintenance Agreements for N8 Expressway in Bangladesh.
DR & AJU LLC
DR & AJU LLC advises Korean sponsors, lenders, and EPC and O&M contractors on a broad range of projects, from renewable energy and LNG to mining, power generation (IPP) and infrastructure. According to one client, the team’s ‘unique approach and strengths make them an ideal choice for potential clients seeking top-notch services and unparalleled expertise’. Practice leader Mihyun Melissa Park, who is dual qualified in New York and Australia, handles energy and infrastructure project financing mandates, while foreign attorney Heejin Kim acts for Korean strategic investors on international projects. Specialising in renewable energy disputes, Sohyun Yoon is another key member of the team.
Les références
‘The team is comprised of precise and commercially-minded lawyers.’
‘Mihyun Melissa Park is the most intelligent lawyer in the field. She always ensures a deeper understanding on the matter of the legal issue at hand.’
‘Heejin Kim shows great pro-activeness, thoroughness, insightful approaches and guidance based on extensive experience.’
Principaux clients
LG Chem Ltd.
SK E&S Co., Ltd.
Daol Investment & Securities Co., Ltd.
Meritz Asset Management Co., Ltd.
Hi Investment & Securities Co., Ltd.
Lotte Insurance Co., Ltd.
Posco International
NH Investment & Securities Co., Ltd.
Principaux dossiers
- Acting for the major Korean investors (Hyundai Asset Management, Kookmin Bank, Hyundai Motor Securities, Hana Financial Investment and Lotte Non-Life Insurance) as a legal and transaction adviser in relation to the restructuring of the portfolio comprising 21 solar farms with a total capacity of 97MW.
- Acting for the Korean investors (Grand Third, Grand Fourth and NH Investment & Securities) to recover the outstanding loan facilities for five photovoltaic power plants in Romania.
- Advised LG Chem on construction of its hydrogen production plant with a production capacity of 50,000 tonnes per year and 56,000 Nm3/hr in Korea.
Yulchon
The ‘nimble and versatile’ team at Yulchon is noted for its expertise in greenfield development projects, advising on a range of matters concerning investment structure, tax structuring and commercial agreement negotiations, as well as financing and exit strategies. Senior foreign counsel Raymond Kang, who has experience advising on domestic and international greenfield and brownfield energy and infrastructure projects, jointly leads the team alongside Kum Ju Son. Hong Kim is another key contact in the group.
Responsables de la pratique:
Raymond Kang; Kum Ju Son
Autres avocats clés:
Hong Kim
Les références
‘Nimble and versatile.’
Principaux clients
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
GS Engineering & Construction Corp.
GS Power Co., Ltd.
POSCO
POSCO Engineering & Construction
Hyundai Oilbank
Hyundai Engineering & Construction Co., Ltd.
POSCO International
Hanwha General Chemicals
SK Chemicals
BayWa r.e.
Mirae Asset
Asia Development Bank (ADB)
wpd AG
Korea Overseas Infrastructure & Urban Development Corporation
Daewoo Engineering & Construction Co., Ltd.
Hanwha Energy
Myungwoon Industries Development Co., Ltd.
Samhae Engineering & Construction Co., Ltd.
Nakwol Blueheart Co., Ltd.
Korea Floating Wind Power Co., Ltd.
East Blue Power Co., Ltd.
Firefly Floating Offshore Wind Co., Ltd.
MunmuBaram Co., Ltd.
Ocean Winds
Jipyong LLC
Noted for its capability in cross-border transactions and strategic regulatory work for public and private sector clients, Jipyong LLC’s team is led by M&A expert Hye Jung Ryu. Cheol Jeong advises on matters concerning project finance and corporate governance in the energy sector, in addition to cross-border joint ventures, while Yully Kang advises on offshore wind farm projects.
Responsables de la pratique:
Hye Jung Ryu
Autres avocats clés:
Cheol Jeong; Yully Kang
Principaux clients
Hyundai Electric & Energy Systems Co., Ltd.
Hanwha Solutions
Korea Development Bank
Dae Myoung Energy Co., Ltd.
Hanwha Power Systems Co., Ltd.
Doosan Fuel Cell Co., Ltd.
Principaux dossiers
- Advised Hyundai Electric & Energy Systems Co., Ltd. on the subscription of issued shares and new shares in Plaspo.
- Advised Hanwha Solutions Corporations on the incorporation of a joint venture company with GS ENERGY CORPORATION for the manufacturing, production, and sales of EVA and LDPE.
- Advised Korea Development Bank in connection with the transaction for Yeong Yang Wind Power Corporation-2.
Yoon & Yang LLC
Yoon & Yang LLC regularly assists domestic and international clients with project investments, merger control clearances, and share issuances. Team leader Soongki Yi handles traditional and renewable energy mandates, bolstering the strength of the team with expertise in multi-jurisdictional M&A and corporate financing. Young Woo Park focuses on matters concerning project financing, while Dae Sagong has experience in the renewable energy arena, focusing on wind farm and solar power projects.
Responsables de la pratique:
Soongki Yi
Autres avocats clés:
Young Woo Park; Dae Sagong
Principaux clients
Korea Gas Corporation (KOGAS)
Korea Electric Power Corporation (KEPCO)
Korea South East Power
Korea Midland Power
SK Energy
LH
CS Wind
Air Liquide Advanced Materials
GS Engineering & Construction
Kwansoo E&C Co., Ltd.
Hanmi Global Co., Ltd.
Korea Energy Agency
Doosan Enerbility
E1
SK E&S
SK Ecoplant
TKG Taekwang