White & Case LLP, Shanghai Office
White & Case LLP’s China projects and energy practice offers ‘exceptional experience in complex project finance deals’ and project development in the energy, oil and gas, mining and metals, and infrastructure arenas. The team handles various domestic transactions within China, as well as Chinese outbound investments, with a client list that features major developers, lenders, and firms from the construction, energy, and mining sectors. David Li heads the department and hones his focus on equity and debt financings, with a geographical spread that encompasses Asia, Africa, and Latin America, offering invaluable counsel to multilateral lenders and banks on their financing undertakings in China and abroad. Vivian Tsoi lends her expertise to intricate US-China and Europe-China cross-border transactions. Shaohui Jiang joined Hogan Lovells International LLP in June 2024.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘White & Case's service has been very important for us, given the multiple jurisdictions involved in projects. W&C has been able to mobilize resources promptly to provide high-quality service and cooperate with local partners. W&C has helped lenders group in two consecutive energy projects to conduct comprehensive legal due diligence and negotiate loan documentation.’
‘David Li has demonstrated exemplary proficiency and proactiveness in finding innovative solutions to any difficulties faced by the projects. Creativity, business acumen, agility and a structured approach are the best words to describe the W&C team.’
‘Exceptional experience in complex project finance deals, with strong knowledge and expertise of local legislation (in both China and Kazakhstan). All processes and communications have been led in an exceptionally efficient manner. Brilliantly run negotiations.’
‘Strong expertise across various complex project finance transactions in power/infrastructure sectors, strong soft and communication skills. Exceptional engagement and delivery of legal documents in a high-pace environment.’
Key clients
- CMOC Group Limited
- Saudi Arabian Oil Company
- China Development Bank
- Petroliam Nasional Berhad
- Aliaxis
- China’s Zhejiang Huayou Cobalt Co.
- Bank of China
- Industrial and Commercial Bank of China Limited
Work highlights
- Advised Saudi Aramco on its acquisition of a 10 percent interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. for RMB24.6 billion (US$3.6 billion). Rongsheng owns a 51 percent stake in Zhejiang Petroleum and Chemical Co. Ltd. (ZPC), which owns and operates the largest single refining and chemicals complex in China.
- Advised China’s Zhejiang Huayou Cobalt Co. on a tripartite collaboration agreement with global automaker Ford Motor Co. and nickel producer PT Vale Indonesia Tbk to jointly invest in the Pomalaa Block High-Pressure Acid Leaching (HPAL) Project.
- Advised multilateral development lenders in a financing to a wind project in Kazakhstan. The project is jointly owned by a Chinese state-owned power utility. One of the sponsors, the contractor, and the main supplier are all Chinese enterprises.
Practice head
The lawyer(s) leading their teams.
David Li