TOKYO, April 2017 – A team of Tokyo, Washington, D.C., New York and Singapore lawyers of global law firm Hogan Lovells has advised Exelon Corporation, America’s leading nuclear operator, on the formation of a new 50:50 joint venture with The Japan Atomic Power Company, a pioneer in Japan’s nuclear power industry.

The new joint venture, JExel Nuclear Company, is established to advance excellence in nuclear power plant operations around the globe by drawing on the knowledge, skill and expertise of Exelon and JAPC to provide advisory services internationally to operators of nuclear power plants utilizing Japanese reactor technology.

The Hogan Lovells team was co-led by Tokyo-based Infrastructure, Energy, Resources and Projects (IERP) partner Joseph Kim and Washington, D.C.-based of counsel Steven Miller, with support from partners Lisa Yano (Corporate, Tokyo) and Hiroto Imai (IP, Tokyo), counsel Joseph Eng (IP, New York) and associates Robin Musch (IERP, Singapore), Paul Henesy (Corporate, Tokyo) and Chiyokazu Shindo (Corporate, Tokyo). Hogan Lovells provided the full spectrum of legal services and advised on all matters in relation to the formation of the joint venture including both international and Japanese law aspects.

Commenting on the deal, Joseph Kim, said:

"We are very delighted to have acted for Exelon in putting together this joint venture, which will use the best practices to advise on development and operation of nuclear power projects globally. This transaction has showcased our integrated teamwork acting seamlessly across jurisdictions, areas of law, time zones and languages."

Exelon Corporation is a FORTUNE 100 company that works in every stage of the energy business: power generation, competitive energy sales, transmission and delivery. As America's leading competitive energy provider, Exelon does business in 48 states, D.C., and Canada and had 2015 revenues of $34.5 billion.