Ashurst Korea JV’s projects, energy transition, and real estate team is headed by Anna Chung, a leading figure in project finance. The team offers strong local expertise in handling both Korean outbound and inbound transactions, particularly within the energy sector. The Singapore-based Scott Baggett, a highly experienced practitioner, advises sponsors and lenders on the financing and development of projects across various industries, with a focus on power, petrochemicals, oil and gas, and mining and metals. The group is well-equipped to manage complex, cross-border project work with a focus on energy transition.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘Ashurst's Seoul team is outstanding in managing the project issues and producing tailored solutions with in-depth professional and industrial expertise.’
‘Anna Chung and Stella Bae have excellent project knowledge and communication skills and can handle both project and client-specific issues in a sophisticated manner.’
- 'Anna Chung and Stella Bae provided us with exceptional services in terms of legal matters, negotiations and solutions in a PF transaction that we were involved with.'
Key clients
- Korean Overseas Infrastructure & Urban Development Corporation (KIND)
- The Export-Import Bank of Korea (K-EXIM)
- Korea Trade Insurance Corporation (K-SURE)
- Ark Energy Corporation Pty. Ltd., subsidiary of Korea Zinc
- International Finance Corporation (IFC)
- Asia Development Bank (ADB)
- British International Investment (BII, formerly CDC)
- Dutch Entrepreneurial Development Bank (FMO)
- Standard Chartered Bank
- Mitsubishi UFJ Financial Group, Inc.
Work highlights
Advised The Export-Import Bank of Korea (K-EXIM), Standard Chartered Bank and Riyad Bank on Korea Electric Power Corporation's (KEPCO) development and financing of the 270MW Jafurah Cogeneration Project, a combined heat and power plant project in Saudi Arabia.
Advised the lenders, including the Dutch Entrepreneurial Development Bank (FMO), DEG, OPEC Fund and GuarantCo., in connection with the restructuring of the project financing of the 82MW Lower Solu run-of-the-river hydropower project in Nepal.
Advised Korean Overseas Infrastructure & Urban Development Corporation (KIND) in connection with the concession arrangements for the financing and development of the bridge on Bhulta-Araihazar-Bancharampur Road (R-203) over the Meghna River in Bangladesh.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Anna Chung
Other key lawyers
Scott Baggett; Stella Bae