Power Plant Projects

A power plant project is a multi-year complex undertaking spanning project licensing, environmental impact assessment, site acquisition, EPC (engineering, procurement, and construction) contracts, PPA (power purchase agreement) execution, project financing, and commencement of commercial operations. At each stage, multiple statutes — including energy law, the Electric Utility Act, environmental law, construction law, and financial regulatory law — apply in combination, and a single permit delay can have cascading effects on the entire project schedule and revenue structure.

PYEONG AN assembles a team of specialist attorneys in energy, construction, and finance to support power plant projects throughout their entire lifecycle — from initial feasibility review through permit acquisition, negotiation of key contracts, financing structure design, and post-completion operational advisory. In particular, through close collaboration with our administrative litigation and construction dispute teams, we proactively address risks such as permit revocation litigation and environment-related disputes.

Drawing on project experience spanning diverse power generation sources — thermal, LNG, solar, wind, and hydrogen — we provide practical legal advisory that reflects the regulatory characteristics and industry practices specific to each generation type. We also possess advisory capabilities for overseas power plant investments and cross-border projects.

In power plant M&A and equity investment transactions, we collaborate with our M&A team to provide comprehensive advisory covering legal due diligence, transaction structure design, and SPA negotiation.