Sarah E. Park
Sarah is a local partner in the Project Development and Finance Group in Seoul and advises export credit agencies, commercial lenders, corporates, private equity firms, sponsors and contractors on a wide range of power, infrastructure, oil & gas and LNG projects in Asia, the Middle East, Europe and the United States.
Sarah has represented major Korean corporations and financial institutions on their cross-border transactions and was previously on secondment at The Export-Import Bank of Korea (KEXIM). She also has extensive experience advising on a broad spectrum of corporate, mergers and acquisitions, capital markets and private equity transactions.
Sarah was recognized as a "Next Generation Partner" by leading legal directory The Legal 500 for South Korea: Projects and Energy in 2020 and shortlisted for "Woman Lawyer of the Year" by ALB Korea Law Awards in 2020. As an associate, she was also named a "Rising Star – High Yield" by IFLR Asia Awards in 2015.
Sarah's experience includes representation of:
- Korea Electric Power Corporation (KEPCO) in its acquisition and financing of a coal-fired power project in Indonesia.
- The financiers, including KEXIM and K-SURE, on a landmark US$3 billion first in class hybrid corporate financing to Nigeria LNG Limited (NLNG) to develop the NLNG Train 7 Project.
- The financiers on a landmark US$20 billion project financing of Mozambique’s first onshore LNG development, Mozambique LNG.
- A Korean government-owned power company in connection with the development of a hydropower project in Pakistan.
- A Korean government-owned power company in connection with the development of a power project in Vietnam.
- The lenders in connection with the financing of a PTA plant in Oman.
- K-SURE, KDB and other lenders in relation to the financing of the 2 x 100 MW mine-mouth Kalsel-1 IPP in Indonesia.*
- K-EXIM, K-SURE, China Eximbank, Sinosure, Euler-Hermes, Islamic Development Bank, HSBC, SMBC and BTMU on the development and financing of the US$5 billion Balkhash power project in Kazakhstan.*
- ADB in relation to the financing of the Tolo wind farm and four solar projects in Lombok (3 x 5 MW) and South Sulawesi (1 x 15 MW) in Indonesia. Tolo was the second wind project to achieve financial close in Indonesia and the solar projects were the first utility-scale solar projects to be financed in Indonesia.*
- ADB, IFC, K-EXIM, K-SURE and other lenders in relation to the financing of a hydropower project in Upper Trishuli, Nepal.*
- ADB, IFC and ETDB in relation to the financing of the 100 MW Zorlu solar power project in Bahawalpur, the Punjab province of Pakistan.*
- The lenders, including K-SURE, in connection with the financing of a LNG FSRU and regasification terminal in Bahrain.*
- The successful consortium of J-Power, Itochu Corporation and Adaro in relation to the development and financing of the Central Java IPP, a greenfield coal-fired IPP at Pemalang in Central Java with a capacity of up to 2,000 MW financed by JBIC and other lenders.*
- PSA, Saigon Port and Vinalines, as sponsors, in the subsequent restructuring of the financing of the US$227 million Thi Vai container terminal project in Vietnam.*
Corporate/M&A, Private Equity and Capital Markets
- A consortium of Korean investors in connection with an acquisition of a 49.9 percent cash equity interest in a portfolio of four wind projects in the US totalling 852 MW, located in Texas, Illinois and Nebraska. The consortium consists of Korea Hydro & Nuclear Power Co., Ltd., Alpha Asset Management, Sprott Korea Investment, Hana Financial Investment and Korea Investment & Securities.
- A Korean government-owned power company in its potential joint venture investment in a solar power project in the US, including CFIUS review.
- A Korean government-owned power company in its potential acquisition and financing of a solar power project in the US.
- A Korean conglomerate company in its potential joint venture investment in a public procurement project in the US.
- M&A transactions involving majority and minority investors in connection with joint ventures.*
- US and international companies, private equity sponsors and financial institutions on transactions involving equity and debt securities offerings in accordance with Rule 144A, Regulation S and Regulation D.*
- A Korean construction company in connection with advisory work in relation to a potential arbitration under an EPC contract.
- A Korean construction company in connection with a review of potential claims in relation to a power project.
- A Korean government-owned power company in connection with potential claims in relation to a power project.
*Experience prior to joining White & Case