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

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.
  • AC Infrastructure Holdings Corp.
  • Samsung C&T

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

The lawyer(s) leading their teams.

Anna Chung

Other key lawyers

Scott Baggett, Stella Bae