Dentons Advises Better Energy and NEFCO on Solar Park Construction in Ukraine

Dentons Advises Better Energy and NEFCO on Solar Park Construction in Ukraine

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Dentons has advised Danish company Better Energy A/S and the Northern Environmental Financial Corporation in connection with the construction of a 19 MW solar park in Western Ukraine.

The total investment for the project was EUR 6.6 million.

According to Dentons, ”the new solar power plant will be constructed in the southern part of Zhytomir oblast, and the aim is to start producing green electricity for the Ukrainian grid already during 2018.”

The solar plant is expected to produce 6,660 MWh of green electricity per year, providing more than 1,000 homes with green electricity. This will reduce CO2 emissions originating in electricity production in Ukraine by approximately 5,500 tonnes annually.

Dentons team was led by Partner Adam Mycyk, who was assisted by Counsel Maksym Sysoiev and Associates Nikolay Zhovner, Anzhelika Livitska, and Viktor Marchan.