Oentoeng Suria & Partners in association with Ashurst ‘delivers work of international quality’ to global banks, local developers and corporations in the renewables, transportation and infrastructure sectors. Frédéric Draps spearheads the practice and is praised by clients for his ’good business understanding’. He is a reference in project financing matters, actively contributing to the development of several wind and solar power initiatives. He is supported by Ratih Nawangsari, who is a go-to contact for clients seeking assistance in regulatory due diligence. Dan Trevanion offers ‘a direct approach’ to clients looking for advice on power purchase agreements and decarbonisation initiatives.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
‘The team is always available and has short turnaround times for advice. The team delivers work of an international quality.’
‘Frédéric Draps is always available and has a good business understanding.’
- 'The legal drafting is simple yet precise. Thus we understand the issue correctly.’
'Frédéric Draps and Dan Trevanion tried to maintain a direct approach to understand the whole situation. They also describe the real situation, so we will be prepared for the unfavourable situations.’
‘Very strong knowledge on power purchase agreements from state-owned power companies.’
‘Frédéric Draps has deep knowledge about the Indonesian power sector.’
Key clients
- ADB
- China Development Bank
- Sojitz Corporation
- Sumitomo Corporation
- IFC
- World Bank
- Chiyoda Corporation
- PT Chandra Asri Petrochemical Tbk
- PT Pertamina (Persero)
- Bangkok Bank Public Co Ltd
- PT Vale Indonesia
- Zhejiang Huayou Cobalt Co., Ltd.
Work highlights
Advising sponsors (Huayou Cobalt, Ford Motors and PT Vale Indonesia) on the project financing of a 120 ktpa high-pressure acid leach (HPAL) project in South Sulawesi, Indonesia, which will process limonite into mixed hydroxide precipitate (MHP) which is an essential product and processing stage in the EV battery value chain. This will be the largest facility of its kind in the world.
Advised lenders (Clifford Capital and Societe Générale) on the successful project financing to PT Nusantara Sembcorp Solar Energi, a joint venture between Sembcorp and PT Nusantara Renewables, for the development of the 50MW solar PV plant plus 10MWh battery energy storage system to supply Nusantara, the new capital of Indonesia. .
Advising Sojitz Corporation on a key package for the extension of the Jakarta mass-rail transit (MRT) which covers the extension of Line to 7 additional underground stations and includes railway systems, power distribution systems, signalling, telecommunication systems and modifications to existing infrastructure.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Frédéric Draps
Other key lawyers
Dan Trevanion; Ratih Nawangsari