Avellum has advised SM Invest Construction B.V. on the sale of shares in the holding company that is developing a 120MW solar power plant in the Mykolaiv region of Ukraine. The buyer, solar energy producer Scatec Solar, was reportedly advised by CMS.
SM Invest & Construction B.V. is a solar PV plants developer, which owns Progresova Solar B.V. LLC and a number of other companies in the Mykolaiv region.
The Avellum team was led by Partner Yuriy Nechayev, supported by Counsel Maksym Maksymenko and Associates Dmytro Symbiryov, Daryna Mykhailenko, and Olga Tersina.
Editor's Note: After this article was published, CMS announced that its team had been led by Partner Vitaliy Radchenko, with support from Counsel Natalia Kushniruk and Associate Ihor Pavliukov. Partner Graham Conlon assisted on English law aspects of the transaction.