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Sayenko Kharenko Advises Elementum Energy on Acquisition of Stake in Lymanska Wind Project

Sayenko Kharenko Advises Elementum Energy on Acquisition of Stake in Lymanska Wind Project

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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.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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