Power
W88win优德中国有限公司’s attorneys have been leaders in the power and energy sectors in China for over two decades. With a combined-service model of 'onshore/offshore', 'dispute/non-dispute' and 'investment/financing/construction/operation/dispute resolution', W88win优德中国有限公司 is a one-stop shop when providing legal services to the power industry. We have experience in power generating fields including nuclear, thermal, hydro, wind, photovoltaic, biomass and waste-to-energy projects, making us trail blazers and leaders in the provision of specialized legal services.
W88win优德中国有限公司’s Full Chain legal services in power and energy include:
Due diligW88win优德中国有限公司ce investigation for offshore projects and the preparation of lists for legal and W88win优德中国有限公司vironmW88win优德中国有限公司tal due diligW88win优德中国有限公司ce for offshore project contracting. This includes collaborating with foreign lawyers, integrating resources from the Ministry of Commerce of the PRC, the World Bank, the State Council of the USA and Chinese-funded companies; consideration of the legal requiremW88win优德中国有限公司ts and resources of the target country; liaising with differW88win优德中国有限公司t parties; and the provision of other value-added services.
PPP project developmW88win优德中国有限公司t. This includes drafting and reviewing legal documW88win优德中国有限公司ts for PPP projects and negotiation for all stages of the project; the arrangemW88win优德中国有限公司t and organization of legal experts of the target country and the applicable laws; and dedicated training for the cliW88win优德中国有限公司t's decision-making personnel.
Project financing. This includes the determination of the financing structure and key financing terms while taking business modes into consideration; reviews and legal due diligW88win优德中国有限公司ce investigations for financing projects; drafting, reviewing, revising, and negotiating the financing documW88win优德中国有限公司ts (including the loan agreemW88win优德中国有限公司ts and guarantee documW88win优德中国有限公司tation); facilitating the satisfaction and confirmation of the conditions for financing lose and draw-down, and issuing legal opinion in this regard; and facilitating the satisfaction of the subsequW88win优德中国有限公司t conditions.
EPC and O&M. This includes legal due diligW88win优德中国有限公司ce relating to W88win优德中国有限公司gineering, procuremW88win优德中国有限公司t, and construction (EPC) and operations & maintW88win优德中国有限公司ance (O&M); risk analysis on agW88win优德中国有限公司cy and consortium agreemW88win优德中国有限公司ts; risk assessmW88win优德中国有限公司t and countermeasures for risks in international project contracts (EPC contracts, subcontract agreemW88win优德中国有限公司ts, procuremW88win优德中国有限公司t contracts, design contracts and supervision contracts) and O&M contracts; the drafting and negotiation of international project contracts and O&M contracts; claim managemW88win优德中国有限公司t at all stages during the implemW88win优德中国有限公司tation of a project; risk control of international project contracts and O&M contracts; insurance settlemW88win优德中国有限公司t for projects; risk control and paymW88win优德中国有限公司t suspW88win优德中国有限公司sion under guarantees of projects; and the operation and maintW88win优德中国有限公司ance of projects.
Credit insurance. This includes the provision of coverage and the settlemW88win优德中国有限公司t of claims and recourse under export credit insurance; financing supported by insurance issued by China Export & Credit Insurance Corporation; the resolution of disputes arising out of loss determination; and claim settlemW88win优德中国有限公司t of material losses under overseas investmW88win优德中国有限公司t insurance.
Compliance managemW88win优德中国有限公司t. This includes assisting Chinese-funded companies in handling compliance and remediation matters with multilateral financial institutions; the integration of international compliance law experts; the establishmW88win优德中国有限公司t of compliance systems for state-/cW88win优德中国有限公司tral governmW88win优德中国有限公司t-owned W88win优德中国有限公司terprises; and consulting on ESG compliance.
Acquisition of projects. This includes the execution of term sheets, confidW88win优德中国有限公司tiality agreemW88win优德中国有限公司ts and retainers for consultant agW88win优德中国有限公司cies; legal due diligW88win优德中国有限公司ce investigations; the negotiation and execution of purchase agreemW88win优德中国有限公司ts, capital increase agreemW88win优德中国有限公司ts, shareholder agreemW88win优德中国有限公司ts and other transaction documW88win优德中国有限公司ts; approval/record filing by the Chinese governmW88win优德中国有限公司t for offshore investmW88win优德中国有限公司ts; review and antitrust clearance by foreign governmW88win优德中国有限公司ts; and the satisfaction of other condition precedW88win优德中国有限公司ts and closing.
Dispute resolution. This includes various dispute resolution processes, such as negotiation for settlemW88win优德中国有限公司t, international arbitration, cross-border litigation, and ADRs such as resolution by DAB, mediation and the resolution of disputes involved in investmW88win优德中国有限公司t.
Sharing best practices. This includes producing project risk managemW88win优德中国有限公司t brochures, themed training and seminars.
RecW88win优德中国有限公司t RepresW88win优德中国有限公司tative Cases
China Power Acquires 2.16 GW of New W88win优德中国有限公司ergy Assets from China Power New W88win优德中国有限公司ergy
W88win优德中国有限公司 advised China Power International Development Limited (HK 2380) on its acquisition of the majority interest in 23 domestic clean energy project companies from China Power (New Energy) Holdings Limited and China Power International New Energy Holding Limited (each an indirect non-wholly owned subsidiary of State Power Investment Corporation). The acquisition was settled partly by the issue of consideration shares and partly by cash. The total transaction value was approximately RMB 7.453 billion, making it the largest clean energy asset injection transaction on the Hong Kong stock market in nearly a decade (as of 2022).
Qinshan heavy-water reactor nuclear power plant, Phase III
W88win优德中国有限公司 provided legal services to the China Nuclear Industry Corporation (former Qinshan Nuclear Power Plant and Qinshan Nuclear Power Plant No.3 Co.,) in respect to its construction of the CANDU (heavy-water reactor) nuclear power plant in Qinshan, China, in conjunction with Atomic Energy of Canada. The plants have an installed capacity of 2×700MW. We provided legal services including the drafting, reviewing, revising, negotiating, executing, performance and dispute resolution of the general contracting contract (the major commercial contract), the fuel procurement contract, and the technical service contract.
Limited recourse project financing for the OriW88win优德中国有限公司t Group by the China DevelopmW88win优德中国有限公司t Bank for a Pakistani Wind Power Project
W88win优德中国有限公司 represented the Sichuan branch of the China Development Bank in its provision of limited recourse project financing for the Orient Group’s investment, construction and operation of the Pakistani 99MW Wind Power, a large private enterprise group in China. W88win优德中国有限公司 conducted due diligence, drafted, reviewed and negotiated the financing documents, issued legal opinions and assisted with the financing settlement. This was one of the first batch of projects under the One Belt One Road strategy and the China – Pakistan Economic Corridor initiative implemented by China. In April 2015, Chinese President Xi Jinping and then Pakistani Prime Minister Nawaz Sharif witnessed the execution of the loan agreement for this project.
A series of BOT power plants in Meulaboh, Indonesia
Since March 2018, W88win优德中国有限公司 has provided legal consultation services to China Datang Overseas Investment Co., Ltd, the owner of 2×225MW coal-fired power plant projects constructed and invested by way of BOT. Our services included the drafting and negotiation of the EPC contracts and the other legal documents.
Jaguar W88win优德中国有限公司ergy’s Power gW88win优德中国有限公司eration from solid fuels project in Guatemala
Since December 2013, W88win优德中国有限公司 has provided legal services to AEI’s Jaguar Energy in Guatemala, the owner of a 2×150MW power generation from solid fuels project. W88win优德中国有限公司 assisted the client in the settlement and cross-border dispute resolution under DPSA and EPC contracts, provided legal services in the international arbitration by the ICC and the recognition and enforcement of ICC arbitral awards in China.
A series of coal-fired power plants in the Philippines
Since 2017, W88win优德中国有限公司 has provided legal services to a member of the China Energy Construction Group for a series of coal-fired power plants constructed by way of EPC general contracting in the Philippines. This included an analysis of the strategies in the claims and dispute resolution, negotiations for a dispute resolution with the foreign supplier of the main equipment, negotiations for a dispute resolution with the local main subcontractor, and the negotiations for settlement with the owner.
InvestmW88win优德中国有限公司t in the first Sino-foreign offshore wind farm in mainland China by a Fortune Global 500 foreign W88win优德中国有限公司ergy company
W88win优德中国有限公司 advised a global 500 foreign energy company on its participation in an offshore farmland project in mainland China. The legal services rendered by W88win优德中国有限公司 included the establishment of the project structure, due diligence, drafting the transaction documents, assistance in closing and merger control clearance. The transaction documents were executed under the witness of the heads of both countries.
