Project financing is an area where expert knowledge is all the more required due to the particular characteristics of the field and due to massive amount of contract work that needs to be done. Without thorough and comprehensive understanding of the industry practices and complex business structure, legal advice concerning the area would be fragmented and passive. In some cases, the procedures for contract review, negotiations, transaction conclusion have to be carried out all at once in a very short period of time.

Barun Law LLC is confident that its lawyers are more than ready to provide professional services in a timely manner as they are equipped with in-depth experience in dealing with various types of project financing for real estate development, social overhead capital (SOC), infrastructure, resources and energy, and vessels and aircrafts.

Barun’s lawyers are experienced professionals in the area of project financing, as they have experience of drafting basic documents, such as LOIs and LOCs, but also skilled in drafting and reviewing license agreements to be signed with national agencies and all types of financial and business agreements both in Korean and in English. They are also familiar with the restrictions related to project financing as well as issues that frequently arise in cross-border deals.

It is worth to note that many of Barun’s lawyers who deal with project financing cases are experienced lawyers familiar with the project financing cycle, from the initial review stage to contract review and conclusion stages to the refinancing stage after conclusion. They have experiences of providing legal advice throughout the entire cycle of project financing as well as dealing with disputes that unexpectedly arose in connection with bankruptcy of the relevant company or developer, or against any supervisory agency. As such, Barun Law is confident that it will be able to provide multi-faceted advice to clients for the protection of their interests.

- Advising on social overhead capital, infrastructure, resources and energy

- Advising on real estate development financing

- Advising on financing for vessels, aircrafts

SOC, Infrastructure, Resources and Energy

1)Domestic Road and Railway Projects

- Barun advised Seoul Metropolitan Government on private investment project concerning Seoul Metro Line No. 9

- Barun advised on project financing for private investment project concerning Gwangju Ring Expressway No. 2

- Barun provided general advice on refinancing for private investment project concerning Yongin Light Rail Transit

- Barun advised on restructuring of private investment project concerning Daegu Dongbu Ring Expressway

- Barun advised on private investment project concerning Deoksong-Naegak Expressway

- Barun advised on private investment project concerning Oksan-Ochang Expressway

- Barun advised projects (installing solar power plant and ESS) incidental to Oksan-Ochang Expressway

- Barun advised on private investment project concerning Pyeongtaek Dongbu Expressway

- Barun advised on private investment project concerning Balan-Namyang Expressway

- Barun provided general advice on private investment project concerning Seoul Seobu Expressway and Yongin Light Rail Transit

- Barun advised on the concession agreement concerning Seobu Underground Expressway BTO project

- Barun advised the refinancing lender on Umyeonsan Tunnel BTO project

- Barun advised on West Suwon Osan-Pyeongtaek Highway BTO project

- Barun advised on Daegu Dongbu Ring Expressway BTO project

- Barun advised on restructuring of and bid for Uijeongbu Light Rail Transit private investment project

 

2) Domestic BTO, BTL (Environmental Facilities, Construction Facilities)

- Barun advised on private investment project concerning wastewater reuse facility in Paju

- Barun advised on private investment project concerning Gyeongju waste water treatment plant

- Barun advised on private investment project concerning Wonju incineration plant

- Barun advised on private investment project concerning Gunsan waste-to-energy facility and four other cases concerning RDF facility

- Barun advised on private investment project concerning Branksome Hall Asia International School in Jeju Island

- Barun advised on project financing for private investment project concerning Jeju Aquarium and Yeosu Aquarium

- Barun advised on a loan related to steam supply project for Ulsan Energy Town

- Barun advised BKE ENG on a loan related to Ulsan Industrial Complex water purification and supply project

- Barun advised on private investment project concerning repair and maintenance of sewage pipes of Busan

- Barun advised on various cases involving private investment projects for military housing units in Yangpyeong, Gwangju and Hanam, as well as for sewage pipes, schools, and other housing units

- Barun advised on private investment project for Inje Speedium

- Barun advised on private investment project for Suncheon Eco

- Barun advised on the concession agreement on and the borrower for NLCS Jeju

- Barun advised on BHA concession agreement and project financing

- Barun advised a private university on building a dormitory with private investment 

 

3) Domestic Power Generation/New and Renewable Energy Projects

- Barun advised on project financing concerning Yeosu Geumseong wind power generation project

- Barun advised on project financing concerning Gyewol wind power generation project

- Barun advised on project financing concerning Southern Jeolla Province Shinji wind power generation project

- Barun provided general advice on Yangsan Eden Valley wind power generation project and advised on project financing

- Barun provided general advice on Jeju Sumang wind power generation project and advised on project financing

- Barun advised on project financing concerning Gangwon Cheongsan wind power generation project

- Barun advised on assignment of a stake in Goheung Solar Power and on refinancing

- Barun advised several fund companies, including KDB Infrastructure Asset Management Company, Consus Asset Management, etc.

- Barun advised on project financing for Cheongyang Biomass Project

- Barun advised on refinancing for investment project concerning Pyeongtaek LNG combined power generation plant

 

4) Overseas Investment Project

 - Barun advised on acquiring of shares in the company that operates 15.7MW solar power plant subject to Feed-in-Tariff (FiT) in the U.K.

- Barun advised on loan for 79MW solar power plant subject to the Renewable Obligation (RO) in the U.K.

- Barun advised on senior collateralized bonds for 280MW solar power plant in California

- Barun advised on acquisition financing for 309MW solar power plant in California

- Barun advised on loan for 14.4MW.21.5MW solar power project in Mie Prefecture in Japan

- Barun advised on loans for 12MW solar power projects in Yamanashi Prefecture and Minamiise-cho, Mie Prefecture

- Barun advised on acquiring shares in the company that operates wind power plants in two locations in Germany, subject to FiT

- Barun advised on first priority syndication loan concerning Newark gas-fired combined power plant

- Barun advised a company in Illinois (U.S.A.) that operates around 190 gas stations in the Midwest, including Illinois, on mezzanine loan

- Barun advised on LNG plant project pursued in Texas

- Barun advised on investing in a Russian company holding the right to carry out lumber business in Russia

- Barun advised on the business structure of the light rail transit project in Sri Lanka

 

Real Estate Financing

- Barun advised on project financing for Yangju urban development project

- Barun advised on project financing for Dangjin Songsan general industrial complex development

- Barun advised on project financing for a port redevelopment project at Geoje Gohyeon Port

- Barun advised on project financing for Gyeongnam Masan Robot Land under Intelligent Robots Development and Distribution Promotion Act

- Barun advised on project financing for combined construction project in Daenong Area 3 in Bokdae-dong, Heungdeok-gu, Cheongju-si, Korea

- Barun advised on project financing for Apartment-type factory lot sale in Munrae-dong, Seoul, Korea

- Barun advised on project financing for Ssangyong Yega Apartment sale project in Beona-dong, Suseong-gu, Daegu-si, Korea

- Barun advised on project financing for Busan Yeonsan-dong development project

- Barun advised on a number of cases, including the complex facility development project for Jeonju Eco city

- Barun advised on financing for Starfield Anseong development project

 

Ship Finance

- Barun advised CJ Logistics on financing for purchase of 11K bulk carrier

- Barun advised on financing for the bulk carrier manufactured by STX Offshore & Shipbuilding

- Barun advised on financing for three drill ships manufactured by Samsung Heavy Industries

- Barun advised on financing in connection with LNG vessel and FSRU vessel manufactured by Samsung Heavy Industries

- Barun advised on financing in connection with a container vessel manufactured by Hyundai Heavy Industries