
Hogan Lovells Lee & Lee
Lawyers

Stephen Clugston
- Phone +65 9236 6109
- Email[email protected]
- Profilewww.hoganlovells.com
Work Department
Corporate & Finance
Position
Counsel
Career
Stephen is an energy and infrastructure advisor passionate about helping clients with energy transition and decarbonisation initiatives, with extensive experience in guiding clients on project investment, development and financing, covering power and renewables, and previously also natural resources (including mining, mid/downstream oil & gas). He has acted extensively for PE funds / funds and institutional investors, as well as developers, sponsors, borrowers, government agencies, commercial and multilateral banks, and international export credit agencies globally.
He has worked at leading international firms in Australia, Japan, the Netherlands, the UK, and Singapore / Indonesia, and worked on projects across APAC (including Australia, New Zealand, Taiwan, Japan, South Korea, Indonesia, Vietnam, Philippines, Myanmar, and the South Pacific) and EMEA (including Uzbekistan, Turkey, UAE, Saudi Arabia, Oman, CIS, and Europe). These include working on award winning projects (at previous firms) such as (i) advising the financiers on the US$1 billion project financing of the 900MW Kirikkale combined cycle gas fired IPP; and (ii) advising the financiers on the US$ 4 billion project financing of the Surgil petrochemicals project in Uzbekistan.
Stephen has also spent time working inhouse focusing on renewables at a leading European investor and also work closely with key clients on secondment - at a leading European bank in Amsterdam and a leading Japanese trading house in Tokyo.
More recently, Stephen has worked closely with upstream PE funds and institutional sponsors and APAC-focused renewable energy developers in developing strategies, structuring, and executing multi-country renewable platforms to scale clean energy assets and across technologies in multiple jurisdictions (including solar, wind, and BESS).
Languages
English, French
Education
Sustainable Finance Course, Said Business School, University of Oxford, 2023
Sustainable Finance Course, Singapore Management University, 2023
Bachelor Degree in Law, The University of New South Wales, 2008
Master in International Law, The University of Sydney, 2006
Bachelor of Science, Davidson College, 2004