Lilly Teng

Senior Partner and General Counsel

Lilly Teng

Lilly Teng’s extensive experience in North Asia and North America covers conventional and renewable energy, technology, and infrastructure as a commercial, legal, and regulatory expert.

Lilly began her career in 1982 working for USA companies, focusing on natural gas transportation and marketing. In 1988, she joined Enron Law as Senior Counsel for the natural gas and power divisions, then returned to the commercial world as Director for Enron International, covering China, Japan, Korea, and Taiwan. In 1998, the development world beckoned and she left Enron to represent private equity and multinational corporations such as Texaco for investments in China. From 2002 to 2005, she was General Counsel of Suez North America’s Law Department for marketing, trading, and LNG development. In 2005, she returned to independent advisory, representing Asian and America energy companies such as Chevron, Goldwind Science & Technology, XEMC New Energy, Green Power Investment, Diamond Generating, and BlackBrush Oil & Gas. She joined AWR Lloyd in 2010 and was a senior partner with the firm until co-founding Orchid Group.

Lilly has degrees in Petroleum Land Management from the University of Texas at Austin (BBA) and a Juris Doctorate (JD) from South Texas College of Law in Houston. Lilly is fluent in English and Mandarin Chinese. 

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Case Study: #2 Commercial Advisory

xemc

Background: Chinese wind turbine manufacturer, XEMC, approached Orchid to advise it on a brownfield wind power project in California that the firm was considering purchasing and re-powering with its own turbines.

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Case Study: #1 Commercial Advisory

kosep

Background: Korea South-East Power Co. (“KOSEP”) was considering the acquisition of a greenfield CCGT project in Pennsylvania within the PJM market and hired Korea Ratings (“KR”) to assess the feasibility of the project. On behalf of KOSEP, KR hired Orchid to lead due diligence from on the ground.

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Case Study: #2 Market Research

Background: The Electricity Generating Public Company Limited wished to bid on the sale of a 49% stake in an 1800 MW CCGT in South Korea and needed an adviser to forecast power market prices and advise on issues related to LNG supply agreements and a terminal use agreement.

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Case Study: #1 Market Research

Background: A confidential client was required by the lenders to two of its gas-fired power projects to demonstrate the competitiveness of its LNG supply agreements. Orchid Group was engaged to conduct the study.

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Case Study: Deal Origination

Background: Energy Initiative Japan (EIJ), a Japanese developer of solar projects hired Orchid to lead the sale of a portfolio of greenfield solar projects developed under the Feed-in-Tariff (FIT) established under the “Act on Special Measures Concerning the Procurement of Renewable Electrical Energy by Operators of Electric Utilities” in Japan.

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Case Study: Strategy Consulting

doosan

Background: Doosan Heavy Industries (DHI) was eyeing the United States as their key market for selling wind turbines, but wanted to understand whether they could compete there, what models were most competitive the logistical network required for them to compete in the USA. They hired Orchid to help them work through developing market entry strategy.

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Orchid provided DHI with a comprehensive package complete with strategic options for entering the USA.

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