Energy Law
Introduction
Our Experiences
Our firm has a well-established energy law practice group for over two decades and participated in eight out of the nine existing conventional thermal power independent power plants in Taiwan in the areas of project development, project finance and M&A. We are deeply rooted in the renewable energy field and assisted in the first project finance for the onshore wind farm project in Taiwan in 2005. Since the government started promoting renewable energy in 2013, we have been assisting numerous international and local clients with their development and financing of renewable energy projects, especially in the offshore wind (over 6GW) and solar (over 2 GW) sectors.
Our Teams
We have over 60 professionals in our energy law practice group, including at least 10 partners and over 20 senior attorneys. Our team members have extensive experience in handling energy projects and participating in multiple milestone projects in Taiwan's energy field, including the first offshore wind project in Taiwan and acting as the project counsel for the first project finance in the offshore wind industry. Our energy practice continues to receive accolades from international professional institutions (including Asia Law, IFLR, etc.).
Our Expertises
We have extensive experience in the energy sector covering multiple types of energy projects, including onshore wind, offshore wind, solar (ground-mounted/rooftop/floating/aquaculture-solar), hydroelectric, waste to energy, and conventional thermal power. We provide a full range of services including project development, regulatory consultation, M&A, legal due diligence, land acquisition and zoning, permits and approvals consultation, contract drafting and negotiation, and project finance. We also cover all other legal aspects of energy projects, including corporate governance, labor, tax, fair trade, environmental laws and dispute resolution.
Scope of Services
- Project development
- Regulatory consultation
- Legal due diligence
- M&A transactions and transaction documents drafting and negotiation
- Project finance and financing documents drafting and negotiation
- Project agreements (such as EPCs, O&M contracts, power purchase agreements and other development/cooperation agreements) drafting and negotiation
- Land acquisition and rezoning
- Land related contracts drafting and negotiation
- Government permits and approvals application and consultation
- Green bonds
- Joint venture agreements for project SPVs and dispute resolution
Awards and Honors
- IFLR 2020 – Most Innovation National Firm - "A real highlight was offshore wind farm. The firm advised the sponsors on the Formosa 2 (Hai Neng) Offshore Wind Project and Yunlin offshore wind farm, and also acted for Orsted (issuer and guarantor) on the first ever NTD bonds issued by a foreign company in Taiwan."
- IFLR 2020 – Project Finance Deal - Formosa 2 (Hai Neng) Offshore Wind Project
- IFLR 2021 – Project Finance Deal – Changfang and Xidao Offshore Wind Projects
- IFLR 2022 – Project Finance Deal – Greater Changhua 1 offshore wind farm
- Asia Law – Highly Recommended Firm in energy sector
Milestone Cases
Wind Projects
- Project finance for the first onshore wind farm project
- Development of the first offshore wind project(128MW) and its project finance
- Development of Orsted's SW, SE, NW Offshore Wind Projects (1.8GW)
- Development of Formosa 2 (Hai Neng) Offshore Wind Project (378MW) and its project finance
- Development of Yunlin Offshore Wind Project (640MW) and its project finance
- Project finance for Changfang and Xidao Offshore Wind Projects (600MW)
- Project finance for Zhongneng Offshore Wind Project (300MW)
Solar Projects
- Project finance for Vena Energy's Yunlin power plant (272MW)
- Project finance for Changya Energy's Changhua projects (180MW)
- Acquisition of NEW GREEN POWER CO., LTD. by BlackRock Real Assets
- Project finance for Chenya Energy's Tainan solar project (70MW)
- BlackRock Real Assets's cooperation with J&V and NEW GREEN POWER CO., LTD.
- Project finance for Vena Energy's Chaiyi solar power plant (70MW)
- Acquisition of solar portfolios by Global Infrastructure Partners from Equis Pte. Ltd.
Conventional Thermal Power
- Project counsel to Chiahui, Star Energy, Sun Bar, Chiahui, and Star Buck concerning drafting, reviewing and negotiating project related agreements
- Project finances for Hei Hu, Chiahui, Hsin Tao, and Kuo Kuang
- Investor's counsel on the acquisition of Kuo Kuang
- Counsel to EPC contractor for Ho Ping Power Plant
- Represented several project companies in the resolution of disputes arising from the PPA with Taiwan Power Company and the Fair Trade Commission