Chambers Review

Provided by Chambers
Projects & Infrastructure - Asia-Pacific Region
1
Band 1
What the team is known for

A&O Shearman has a leading project finance legal team with a broad network of offices across the Asia-Pacific region, including highly regarded teams in China, Japan, Singapore and South Korea. The team is particularly strong in South-East Asia, including standout offerings in Thailand and Vietnam. The firm is frequently instructed by lenders and sponsors on major energy and infrastructure projects, and active on LNG-to-power and renewable energy projects, as well as highway construction mandates. The team possesses solid expertise in the renewables and oil and gas sectors, and continues to maintain its distinguished record in handling nuclear mandates. It demonstrates expertise in projects located in South-East Asia and Australia, as well as the Middle East, Africa and Latin America. The firm's clients include major global financial institutions and regional project sponsors. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.

Notable practitioners

Sarah Wilson in Bangkok, Yvonne Ho in Hong Kong and William McCormack in Singapore are the main points of contact for clients in their respective jurisdictions. Adam Stapleton is a key contact in Australia, Scott Neilson and Etienne Gelencsér are key contacts in Tokyo and Matthias Voss is a key contact in Seoul. Duc Tran is a key contact in Ho Chi Minh City. Sean Wang is a key contact in Beijing.

Work Highlights

Provided by A&O Shearman
  • The firm advised Industrial and Commercial Bank of China and the Export-Import Bank of China in relation to an export buyer's credit financing for the First Dhaka Elevated Expressway Company, to help the borrower funding the construction of a highway to Dhaka airport in Bangladesh.

  • The team advised a number of lenders, including the Export-Import Bank of Korea, on the financing of the Refinery Development Master Plan Balikpapan Refinery Upgrade Project, Phase I, in Indonesia.
  • The firm advised IFC and its parallel lenders on the refinancing of the Asahan-1 hydropower project in Indonesia.
  • The team advised Shanghai Electric on the development of a 1,000 MW, approximately USD2.7 billion integrated mine-mouth power project in Thar 4 area in Pakistan.

Strengths

Provided by Chambers