Kinstellar has advised Evelixon Trading Limited on its acquisition of the Grand Wind Park project company from Windvision Serbia Holding and the subsequent sale of a 50% stake in Grand Wind Park to MK Green Energy Limited. Karanovic & Partners advised Windvision. AP Legal advised MK Green Energy.
Windvision and MK Green Energy are energy companies.
According to Kinstellar, "the project, known as the WN NBT Wind 1 wind farm, is currently in the early stages of development. Located in the city of Pancevo, the farm is planned to have an installed power capacity of 120 megawatts."
Additionally, Kinstellar reports that "the project company's acquired subsidiary DVD Windpower is actively developing the wind farm Vetropark 1, in its’ early stages. This project, located in the City of Pancevo, has a planned installed power capacity of 150 megawatts and is adjacent to the 120-megawatt wind farm. The transaction structure envisages a merger of Grand Wind Park and DVD Windpower into one company that will eventually develop the wind farm with a planned installed capacity of 270 megawatts."
The Kinstellar team included Partners Radovan Grbovic and Milan Samardzic, Senior Associate Aleksa Bosnjovic, and Associates Jelisaveta Folic and Vuk Vuckovic.
The Karanovic & Partners team included Partner Petar Mitrovic, Senior Associate Katarina Tomic, and Associate Jelena Petronijevic.
The AP Legal team included Partner Aleksandar Preradovic and Senior Associate Jovan Cirkovic.