Sayenko Kharenko has advised Elementum Energy Limited on its acquisition of a majority stake in Lymanska Vitroelektrostantsiia from Ukraine Power Resources.
According to Sayenko Kharenko, Lymanska Vitroelektrostantsiia is developing a wind park exceeding 100 megawatts near Odesa, Ukraine. “The project is being developed in cooperation with Ukraine Power Resources, which remains a minority shareholder.”
Elementum Energy is the largest international investor in the renewable energy sector in Ukraine, according to the firm. The company currently owns and operates a portfolio of 28 solar power plants.
Ukraine Power Resources is a US company founded by Peter Gish and Geoff Berlin that is developing renewable energy and storage projects in Ukraine.
Sayenko Kharenko’s team included Partner Oleksandr Nikolaichyk, Senior Associate Mykhailo Grynyshyn, and Associate Zarina Khalimon.