Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
3 September 2020
Deals | Asia | France | Projects (Finance & Infrastructure) | Energy
Gide has advised Total on signing a 50-50 partnership with Green Investment Group (GIG), a subsidiary of group Macquarie, on the development of five floating offshore wind projects in South Korea, with total capacity exceeding 2 gigawatts (GW). The partners aim to launch the construction of the first 500-megawatt project by end 2023.
South Korea aims to develop renewable energies to make up at least 20% of its electricity mix by 2030, including 12 GW offshore wind.
Gide advised Total with a team comprising partner Stéphane Vernay and senior associate Frédéric Colmou on project aspects; partner Alexis Pailleret and associate Chloé Bouhours on corporate / M&A aspects. The Brussels and Beijing offices advised on the competition law aspects with partner Ségolène Pelsy and associate Chloé Lameille and counsel Chen Xi and senior associate Zhao Jingjing.
Lee & Ko advised Total on the Korean law aspects of the deal.
GIG was advised by Shin & Kim.
