AVELLUM acted as the legal counsel to one of the sellers on the sale of a stake in renewable energy projects to Elementum Energy, the largest international renewable energy producer in Ukraine.

The transaction covered 3 wind power plants: Artsyz Wind Power Plant, Artsyz Wind Power Plant-2, and Kiliya Wind Power Plant, all located in the Odesa region with an installed capacity of 16.5 MW each.

AVELLUM provided full legal support to the client in negotiating and drafting the transaction documents.

AVELLUM team was led by partner Yuriy Nechayev with support from associates Maryna Buinytska and Iryna Fonotova.

Taking into account this transaction, for the last 4 years AVELLUM has advised on renewable energy projects (both within M&A and banking transactions) the total generating capacity of which exceeds 2 GW.

Authors

YURIY NECHAYEV

Partner

ynechayev@avellum.com

MARYNA BUINYTSKA

Managing Associate

mbuinytska@avellum.com

Related practices

Mergers and Acquisitions

Related industries

Energy & Natural resources

Posted on April 9, 2021

Register of Damages for Ukraine published claim forms and rules for additional categories of damages

On 23 December 2024, the Register of Damages for Ukraine caused by the aggression of the russian federation against Ukraine (the “Register”) published the forms and rules for submitting claims for compensation in newly opened categories of claims. This will allow individuals and legal entities, as well as the state of Ukraine, to start preparing […]

Posted on January 7, 2025

NBU provides further relief for Ukrainian corporate issuers to repay Eurobonds obligations

With effect from 21 December 2024, the National Bank of Ukraine (“NBU”) introduced new exemptions from the moratorium on foreign currency cross-border transfers. Notably, these changes broaden the scope of existing exemption for Ukrainian corporate issuers permitting to make payments in connection with Eurobond-related obligations, described in our earlier legal alert, and now encompass Loan […]

Posted on December 26, 2024 by GLIB BONDAR

Searching for results…