Bae, Kim & Lee LLC‘s dedicated energy and infrastructure practice group combines expertise in project development, finance, M&A, construction, and tech, with a strong focus on PPP projects involving both multinational and Korean entities. The team handles IPP, EPC, joint development agreements, O&M agreements, and disputes. Led by Seungkyo Lee, who has extensive experience in power projects across renewable and traditional energy sources, the team covers the full lifecycle of energy projects, from inception to commercial operation. Hyunchul An advises multinationals and domestic entities on energy investments in Korea, offering deep insight into the challenges and opportunities for foreign investors in the market.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Firstly, I'd like to endorse the firm's collaborative approach. While most legal advisory teams opt for exclusive contracts, Bae, Kim & Lee adopts a different strategy, showing a willingness to collaborate with other firms, including top-tier global legal entities. This flexibility has expanded my options, facilitating decision-making processes. Bae, Kim & Lee has alleviated the stress typically associated with selecting legal advisors for overseas infrastructure projects. Therefore, my recommendation for BKL stems not just from its strategy but from its adaptability.’

  • ‘I have worked with Seungkyo Lee for several years. He and his team have robust expertise in consulting on international projects, especially in terms of the implementation agreement and concession agreements between local governments and foreign investors. This proficiency likely originates from his vast experiences with overseas investment endeavours. Most notably, I value their timely reporting and rapid understanding of the project's complexities.’

Key clients

  • BlackRock Financial Management Inc.
  • DL E&C
  • GS Energy
  • KDB Infrastructure Investments Asset Management Co., Ltd.
  • Korea Electric Power Corporation
  • Korea Overseas Infrastructure & Urban Development Corporation
  • Korea South-East Power Co.Ltd.

Work highlights

  • Successfully closed the transaction in which BlackRock Asset Management (BlackRock), a global asset management firm, purchased 30% stake in AirFirst Co., Ltd, a Korean industrial gas company, from IMM Private Equity for KRW 1.1 trillion.
  • Advised a large state-owned electric utility company in Korea as its sole external legal counsel concerning various contentious claims arising out of the construction of the first nuclear power station in the United Arab Emirates.
  • Advised DL E&C as its main external legal counsel, concerning various contentious and non-contentious issues arising out of a feasibility study, FEED, EPC and commissioning contract for the large-scale fertiliser project in South Australia, with the value of the contract around USD 2.5 billion.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Seungkyo Lee

Other key lawyers

Hyunchul An, Ho Jin Kim, Taeki Lee