Xiaogang (Sean) Wang is a partner in Shearman & Sterling's Project Development and Finance practice in China. He focuses on project development/financing and energy M&A transactions, and is recognized by Chambers as a Band 1 lawyer in the energy and infrastructure area.

Sean’s clients include large SOEs including State Grid, Sinopec, PetroChina, Shanghai Electric and Harbin Electric, as well as major financial institutions such as China Development Bank, China Exim Bank, ICBC, Bank of China, China Construction Bank and Bank of Communications.

Sponsors / Acquirers

• State Grid International Development Limited's 24% strategic investment in Independent Power Transmission Operator S.A., the Transmission System Operator in Greece
• Shanghai Electric in its development and financing of a US$1.8 billion mine mouth greenfield power project in Thar block, Pakistan
• Kinetic Energy, a HKSE listed company and a subsidiary of R&F Group, in its development of a diamond project in Angola
• PetroChina in its proposed acquisition of an oil field service provider in the U.S.
• Bank of Communications Co., Ltd., in its acquisition of Banco BBM S.A. in Brazil, the first overseas acquisition conducted by the bank in its 140 years history
• China Taiping in the development of the tallest residential tower in downtown Manhattan, next to the World Trade Center
• China Machinery Engineering Company in its proposed acquisition of power transmission assets in Turkey
• Harbin Electric International in its proposed investment in a coal-fired power plant in Dubai, U.A.E.
• China Africa Development Fund in the acquisition of equity interest in a solar power project in South Africa

Lenders

• The Export-Import Bank of China, China Development Bank, Silk Road Fund and International Finance Corporation in connection with the development and financing of the US$1.69 billion, 720 MW Karot hydropower plant in Pakistan
• ICBC, Bank of China, China Construction Bank and China Agricultural Bank, together with 10+ international and regional lenders in connection with the US$3.4 billion Hassyan Coal-Fired Project in Dubai
• China Development Bank, China Construction Bank, HSBC, Standard Chartered and other commercial lenders in the US$2 billion VT 3 power project in Vietnam, to be developed by China Light and Power
• ICBC, Standard Bank, Africa Development Bank and other commercial lenders in the US$1.7 billion financing of the 930 MW coal-fired power plant in Lamu county, Kenya, to be constructed by Power China
• ICBC in the US$6 billion nuclear financing in Argentina, this is China’s largest export credit financing

Awards & Accolades

• Recognized by Chambers as a Band 1 lawyer in the energy and infrastructure area