Yoon & Yang Advises Doosan Heavy Industries & Construction on its Investment in U.S. NuScale Power
2021. 07. 28
NuScale Power Module are expected to be applied for the first time to the nuclear power plant project carried out in Idaho by Utah Associated Municipal Power Systems (UAMPS). While enhanced cooperative relationship between DHIC and NuScale Power culminated by this investment is expected to speed up the commercialization of SMRs, DHIC and Korean investors would expand their unitholding ratio in NuScale Power.
In collaboration with DHIC’s CFP Team, Yoon & Yang provided comprehensive legal advice to the clients on overall phases of the transaction, including review of unit purchase agreement, business collaboration agreement and other contracts, and guiding the negotiation process. On top of the traditional legal advices on the contracts and investment-related regulations under Korea and U.S. laws, Yoon & Yang proactively worked with DHIC on strategic consultation on the transaction to assist the parties in consummating the deal successfully.
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