Ernest Chung is a project finance attorney focused on international and domestic infrastructure and energy projects. He advises financial institutions, sponsors, governments and multilateral institutions in the development and financing of complex natural resource, infrastructure and energy projects, especially in a cross-border context. Ernest’s practice also includes a wide variety of matters such as acquisition, equipment, trade and structured finance transactions and general corporate and commercial law.
I advise domestic and international clients that are developing and financing major infrastructure, energy and natural resource projects. Often these projects are important on a societal level and involve the combination of public and private sector funding and resources. Helping clients to achieve success in this context requires me to help bring numerous parties, often with competing objectives and interests, to a mutually beneficial agreement.
I advise project developers, investors, financial institutions and other project participants on the development and financing of renewable energy projects, including those based on solar and wind technologies. Successful financings in this sector often require the blending of numerous sources of private and public sector funding. My familiarity with many of these financing sources and their institutional requirements helps me to assist renewable energy developers, investors and lenders to structure “bankable” projects.
I have helped my clients to build and finance successful projects around the globe. In addition to my domestic work, I have extensive experience representing project lenders and sponsors in emerging markets, including the countries of the former Soviet Union, Latin America, the Middle East, Africa and Asia.
There is a widening gap, both domestically and abroad, between the need for investment in infrastructure (including energy infrastructure) and the availability of traditional public sector resources to fund this investment. To address this gap effectively, public and private sector funding, skills and other resources will need to be combined and leveraged in innovative ways. We expect to deploy our extensive experience representing both governmental and private parties on successful project financings to help public and private sector clients deliver infrastructure and energy assets in new and effective ways.
Harvard Law School, J.D.
Harvard College, A.B., magna cum laude
Ernest has been recognized as a leading individual in projects law by Chambers USA and Chambers Global for his acclaimed representation of developers, commercial banks, export credit agencies and development finance institutions in project finance matters. The 2019 and 2018 editions of Chambers Global selected Ernest as a “Leader in the Field” for his Project Finance practice.
Ernest currently serves as chair of the Committee on Project Finance of the Association of the Bar of The City of New York. He is a member of the American Bar Association’s Sections on Business Law, and on Environmental, Energy and Resources. Ernest is also a member of the International Bar Association’s Sections on Energy, Environmental and Natural Resources, and on Infrastructure. He is a member of the Association of International Petroleum Negotiators and the United Nations Association of the United States of America.
Ernest is active in community and pro bono matters. He led a team under the auspices of the American Bar Association and the United Nations Development Program that advised on the drafting of a comprehensive new Minerals Law for Afghanistan. He served as a member of the Executive Committee of the Business Advisory Council for the Greater Tumen Initiative, a multilateral organization focused on the development of the Northeast Asian region.