Rely on an Energy team experienced in project finance, corporate restructuring, mergers and acquisitions, infrastructure projects and banking and investment transactions.
With a deep knowledge of the industry coupled with a wide range of legal experience, we regularly advise clients on the development, acquisition, financing, procurement, construction, fuel supply, operation and maintenance of power projects. Our professionals routinely review, draft and negotiate consortium arrangements, joint operations agreements, power purchase agreements, build operate transfer agreements, construction contracts (EPC), operation and maintenance agreements, off-take agreements, performance bonds and guarantees, and government guarantees or provide support with related project finance documents and security documents.
Recent experience includes hydroelectric power, gas and coal fired power plants in Asia such as Thailand, Indonesia, the Philippines, Vietnam, Cambodia, India, Mongolia and China. We acted as Singapore counsel to a syndicate of banks in the grant of S$2.9 billion bridge loan facilities to a Japanese consortium for the acquisition of Senoko Power Limited, Singapore's largest power generation and retail company.
Familiar with financing issues related to debt raised out of the PRC (such as financing and credit support from Chinese banks and Sinosure), benefit from a Singapore-based Energy practice that has acted for a number of state-owned enterprises in investments into Indonesia, handling the Commercial Operation Date under the Power Purchase Agreement.
More About Energy in Singapore
May 12, 2016
The rout in commodity prices continues to impact nations and stocks across the globe. Already this year the price of oil has dipped below US$30 a barrel, with a seemingly unrelenting oversupply of crude and markets preparing for the return of Iran post-sanctions. Sadly, falling prices often result in contract re-negotiations or default, leading to claims and innocent parties with goods on their hands and a difficult search for a willing buyer prepared to pay a reasonable price. Read more