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CMS Advises Green Source and Core Value Capital on Photovoltaic Parks Acquisition in Russia

CMS Advises Green Source and Core Value Capital on Photovoltaic Parks Acquisition in Russia

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CMS has advised Green Source and Core Value Capital on the acquisition and development of nine photovoltaic parks in Russia.

According to CMS, “with nine photovoltaic parks and 135 milli-watt system capacity in planning, Green Source and Core Value Capital intend to muscle heavily into the Russian renewable energy market in future. Two parks with an output of 30 MW are already being financed and currently under construction (scheduled for completion by the end of 2018), while the others are still in the development stage.” 

Johannes Trenkwalder, Partner and Member of the CMS Vienna transaction team says, “In Russia, in particular, where renewable energy does not yet have the same weight as in Austria, a project of this order of magnitude is hugely important to the future development of the industry.”

The CMS international team headed by Johannes Trenkwalder includes Attorney-at-laws Lisa Oberlechner and Daniel Courtney, Associates Marie Lidl and Sanela Furstenberg in Austria, Moscow and Dusseldorf Partner Thomas Heidemann, and Moscow-based Senior Associates Anastasia Makarova and Paul Miasnik.


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Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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