What the team is known for
Shearman & Sterling's highly acclaimed team in Singapore has a focus on project finance and development in the power sector. Varied client base including prominent developers as well as ECAs, and commercial and development banks, such as IFC. Provides expert counsel on greenfield projects, and noted for its deft handling of oil and gas, coal and infrastructure mandates. Active on the renewable energy front in the region, with recent activity on major solar, hydropower, and wind projects. Offers a wide spread of expertise across Asia, including projects in South-East Asia, South Asia, the Middle East and South Korea.
Foreign desks
Shearman & Sterling is well known for its solid Indonesia-facing desk which focuses on infrastructure and energy projects. The Singapore-based team regularly acts for financial entities as well as energy companies. The team advised the sponsors on the development of the 145 MW Cirata floating PV project. William McCormack is a key contact.
Respected Malaysia team with expertise in handling LNG, petrochemical, upstream and downstream projects. The team regularly assists clients with joint ventures and financings. William McCormack is the key contact for clients.
The Singapore team is adept at handling acquisitions as well as project development and financing relating to the Philippines. It is especially active on infrastructure projects and transactions in the energy sector. William McCormack is a key contact.
The firm has an established reputation for advising Korean lenders and sponsors on power generation projects in Asia. Offers notable expertise in high-value mandates involving complex financing, regularly advising leading export credit agencies and banks. William McCormack in Singapore, alongside Anna Chung in Seoul, are key contacts.
Excellent practice conversant with project development and financing that regularly acts for major investors and lenders on their energy projects in Vietnam. The Singapore office regularly represents foreign clients on inbound investments to Vietnam. William McCormack is a key contact.
Notable practitioners
David Clinch is sought after for his knowledge on international oil and gas deals. A source says:
"He has invaluable experience and networks throughout the region and is a steady pair of hands, who is always comprehensive in his analysis and rigorous in his advice." He is particularly well placed to advise on matters in Brunei.
William McCormack has a longstanding reputation in the market as a leading project finance and development lawyer in Singapore. An interviewee says:
"He brings extensive regional infrastructure project finance experience and understands our business." He has experience across the region, including Indonesia, Nepal, the Philippines and Vietnam.