Sale of a stake in renewable energy projects to Elementum Energy, the largest international renewable energy producer in Ukraine
Overview
Avellum has legal expertise, experience and resources to provide comprehensive and complete legal advice on all matters of energy and natural resources projects. Our lawyers help clients identify, assess and manage project-related risks. We understand our clients’ needs and deliver pragmatic, commercially driven, elegant solutions.
Ukraine’s energy and natural resources sectors are fast-growing, complex, and heavily regulated. They are affected by frequent crisis situations and significant political pressure. When opportunities arise, we help our clients identify and manage associated risks and implement their projects promptly and efficiently.
Our experience
Our specialist knowledge of the regulatory and political climate in which our clients operate, coupled with our local know-how and transactional and dispute resolution capabilities, enables us to deliver pragmatic, commercially driven, and elegant solutions.
Our areas of expertise include:
- renewable and conventional power industry (generation, transmission, distribution, supply and trading);
- oil and gas (upstream, downstream and midstream);
- other fossil fuels, metals and non-metal minerals; and
- energy efficiency
Our lawyers actively participate in various legislative initiatives developed by governmental authorities and major industry associations. This allows us to be at the forefront of the legislative and regulatory change, and consequently, we are able to foresee the challenges our clients may face in the future. We have a reputation for working in highly specialized teams and providing exceptional transaction support.
We acted for and across the table from the leaders of the industry, including DTEK, the largest private energy group in Ukraine, Ukrenergo, a transmission system operator in Ukraine, CNBM, one of the largest investors in Ukraine’s renewable energy sector, Ferrexpo, one of the biggest suppliers of iron ore globally, Metinvest, a leading vertically-integrated metallurgy group in Ukraine, Naftogaz, the state-owned oil and gas monopoly, Ukrnafta, the largest oil company in Ukraine, Donetsksteel, a leading producer of coking coal in Ukraine.