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Stephen Le Vesconte

Partner / Seoul, Paris

“I am an energy and infrastructure projects lawyer with very broad experience of advising on complex and demanding projects worldwide, having previously worked in London, Moscow, Hong Kong and Seoul. Our team in Paris offers world-class project development, project finance and related sector expertise both for clients based in France and for those using Paris as a commercial and financial hub for cross-border deals.”

Overview

Education and qualifications

Overview

Stephen is an energy and infrastructure projects specialist with over 15 years of experience advising on large-scale, cross-border project development, project finance, joint venture and M&A transactions in the energy and infrastructure sectors (including oil and gas, petrochemicals, power and renewables). He has particular expertise in structured finance and multisource project financings including Export Credit Agencies (ECAs) and other international financial institutions. 

Stephen set up the firm’s Seoul office in 2013 and was Seoul office Managing Partner 2016-2018, and continues to lead the firm’s relationships with many Korean corporates, ECAs and banks in Seoul. 

Stephen previously worked for nine years in the firm’s London office, for three years in the firm’s Moscow office and for six months in the firm’s Hong Kong office. 

Ranked as a Band 1 lawyer in Projects & Infrastructure for South Korea by Chambers Global and as a Leading Individual in Legal 500 South Korea, Stephen has taken a leading role on many major projects. His recent experience includes advising:

  • the Lenders on the Formosa 1 offshore wind farm project in Taiwan
  • KEXIM, K-sure and the commercial banks on the US$1.3bn financing facilities for Kuwait Integrated Petroleum Industries Company K.S.C. in respect of an LNG import facility
  • the lenders, including Chinese, Russian, Italian, French and Japanese Export Credit Agencies (ECAs) on a US$19bn project financing of the Yamal Liquefied Natural Gas (LNG) project in Russia
  • Samsung C&T and Korean Southern Power Company (KOSPO) on the development and project financing of the gas-fired Kelar Independent Power Producer (IPP) in Chile
  • the Export-Import Bank of China (CEXIM) and the Industrial and Commercial Bank of China (ICBC) as the lender on the US$1.5bn project financing of the Suki Kinari Hydropower Project in Pakistan
  • the Export-Import Bank of Korea (KEXIM), Korea Trade Insurance Corporation (K-sure) and a group of international commercial banks on the US$1.7bn financing of an ethylene cracker and ethylene glycol plant in Louisiana, USA
  • the lenders, including KEXIM, on the Morupule B Independent Power Producer (IPP) plant in Botswana
  • shortlisted consortium led by POSCO Daewoo on its bid for the Bahrain LNG Terminal Project, with financing from K-sure
  • EBRD, Sberbank and a group of commercial lenders with French and Belgian ECA cover on the project financing of a US$1.5bn RusVinyl PVC plant. 

Education and qualifications

Stephen studied law with French at the University of Nottingham and the Université de Nantes.

He speaks English and French.