CMS has advised MND on its acquisition of a 50% share in the 54.6-megawatt Oriv wind power plant in Ukraine.
Aequo Successful for GTS’s Operator of Ukraine Before the Supreme Court
Aequo has successfully represented the interests of the Gas Transmission System Operator of Ukraine before the Supreme Court of Ukraine.
Avellum Advises Ukrnafta on Obtaining Unconditional Merger Clearance to Manage Tatneft
Avellum has advised PJSC Ukrnafta on obtaining unconditional merger clearance from the Antimonopoly Committee of Ukraine to manage Tatneft.
Ukraine Approves Pilot Online Auctions to Distribute RES Support Quota for 2024
On August 13, 2024, the CMU adopted Resolution N 757-р On some issues of pilot auctions for the allocation of the support quota in 2024 (the “Auction Quota Resolution”).
Sayenko Kharenko Advises EBRD on EUR 12 Million Loan to City of Kryvyi Rih
Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 12 million loan to the city of Kryvyi Rih under EBRD’s Resilience and Livelihoods framework.
RES Producers Shall Renew Contracts with the Guaranteed Buyer
On 26 July 2024, the National Energy and Utilities Regulatory Commission (NEURC) adopted Resolution 1381, amending key provisions of the following agreements:
Fairsquare Opens Doors in Kyiv
Fairsquare has launched an office in Kyiv, focusing on providing advice and assistance to clients regarding their expansion into the Ukrainian market. The office will be headed by Ihor Mazurenko.
Ukrainian Government Approves Contest to Construct 700 MW of High Maneuverable Generation
On August 13, 2024, the CMU adopted Resolution N 756-р On some issues related to the contest for the construction of generating capacity and the implementation of demand-side management measures (the “Contest Conditions Resolution”) setting forth the following conditions for the construction of generating capacity:
Hillmont Partners and Avellum Represent GNT Group's Creditors and Prevent Corporate Raid
Hillmont Partners and Avellum have successfully represented GNT Group's creditors and have stopped an attempted corporate raid.
Ukraine: Development of a Public-Private Partnership During Wartime
The use of PPP mechanisms in Ukraine is not common and has been only recently gaining momentum. Even though the Law on Concessions was adopted back in 1999 and the Law on Public-Private Partnership in 2010, these instruments have long been underestimated.
Digest of Recent Legislative Developments in the Fields of Energy and Natural Resources II
A summary of recent legislative developments in the fields of energy and natural resources in Ukraine.
Integrites and CMS Advise on Nibulon's USD 80 Million Debt Reprofiling
Integrites, working with Holman Fenwick Willan, has advised Nibulon on reprofiling a USD 80 million pre-export credit facility extended by a syndicate of banks, including ING Bank NV, Credit Agricole CIB, the European Bank for Reconstruction and Development, and FMO, the Dutch entrepreneurial development bank. CMS advised the lenders.
Sayenko Kharenko Advises EIFO on EUR 12.8 Million Financing to Nibulon
Sayenko Kharenko has advised the Export and Investment Fund of Denmark on a EUR 12.8 million secured term loan facility to Nibulon Agricultural.
Ukraine Lifts Import VAT and Customs Duties from Certain Energy-Generating Equipment
In response to the extensive destruction caused by Russia to Ukraine’s critical energy infrastructure, the Ukrainian government continues to implement emergency measures to restore energy-generating capacities and ensure energy stability across the country.
Ukraine Announces Further Changes to Competition Legislation
Following the implementation of the first stage of the Competition Law reform, the Antimonopoly Committee of Ukraine (AMC) unveiled a new Draft Law on 24 July 2024, marking the second stage of the reform. This draft aims to further align Ukrainian competition legislation with EU standards and refine certain previous changes.
Avellum Advises Greenville Group on Sale of Renewable Energy Infrastructure Project
Avellum has advised the Greenville group of companies on the sale of a ready-to-build wind power plant with an overall projected capacity of approximately 150 megawatts to the Galnaftogaz Group. Law Whales reportedly advised the Galnaftogaz Group.
Avellum Advises Aspia on Acquisition of Accountor Outsourcing
Avellum, working with Kirkland & Ellis, has advised Aspia on its acquisition of Accountor Outsourcing.
Avellum Advises Knorr-Bremse on Merger Clearance for Acquisition of Alstom Signaling
Avellum has advised Knorr-Bremse on obtaining merger clearance from the Antimonopoly Committee of Ukraine for its acquisition of Alstom Signaling via its subsidiary Knorr Brake Holding Corporation.