East Asia - China

Ashurst

Ashurst advises lenders, sponsors, export credit agencies and developers in the realm of project financing and development, particularly in transport sectors like rail, roads, and bridges, as well as the broader infrastructure spectrum encompassing energy, social, and digital avenues. The practice also advises on the development and financing of innovative renewable power projects, such as wind, solar, hydro, and waste-to-energy, as well as projects central to the energy transition, like mineral processing. At the helm of its China team is Chin Chuan Chen, who operates out of both Singapore and Beijing. He brings a wealth of experience in energy and financing transactions across Asia, Latin America, Africa, and Eastern Europe, focusing on infrastructure, energy, and mining. Counsel Zhibin Fan is an expert in banking and project finance, particularly within infrastructure, energy, and natural resources, and his experience extends to advising both international and Chinese banks on cross-border financing projects and navigating regulatory issues in China and the US.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Ashurst team has extensive experience in overseas project financing and export credit. The team cooperates well with Chinese-funded banks, are able to understand the business demands of Chinese-funded banks, and provides legal services for Chinese-funded banks' overseas projects. Ashurst has a global business presence and diverse personnel. It cooperates well with many well-known local law firms and is able to provide diversified services to corporate or bank clients.'

  • ‘Counsel Zhibin Fan has a good sense of service, can think about problems from the perspective of customers, and gives reasonable legal advice. Fan and his team work very efficiently and are able to give feedback in a very timely manner under tight time constraints.'

Abbreviated data is displayed for this firm.

Key clients

  • China Development Bank
  • Bank of China

Abbreviated data is displayed for this firm.

Work highlights

  • Advised Industrial and Commercial Bank of China and Exim Bank of China on a term loan facility to Kafue Gorge Lower Power Development to finance the construction of the 750MW Kafue Gorge Lower Hydropower Project in Zambia.
  • Advised a syndicate of lenders on providing a term loan facility of more than $4 billion to the Republic of Angola to finance the construction of the Caculo Cabaca hydroelectric power project with a capacity of over 2,100MW.

Abbreviated data is displayed for this firm.