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CMS advises Scatec Solar on developing solar power plants in Ukraine

18/ 06/ 2018

CMS has advised Scatec Solar ASA (Scatec Solar), a Norway-based solar power producer, on securing two solar projects in the Cherkassy region of Ukraine. The projects, with a capacity of 33 MW and 50 MW, will be the first step towards developing a larger portfolio of solar power plants in the country for Scatec Solar.

CMS team advised Scatec Solar on due diligence of these projects, as well as their subsequent acquisition, including transactional documents under English law.

Vitaliy Radcheko, partner and head of Energy and Projects practice in Ukraine, together with Natalia Kushniruk, senior associate and Real Estate practice coordinator, lead this transaction with support from Ihor Pavliukov, Tetyana Dovgan, Vitalii Mainarovych, Diana Pysarenko, Khrystyna Korpan, Maryna Ilchuk, Volodymyr Kolvakh, Viktoriia Stavchuk and with further support from Graham Conlon and Valentina Santambrogio on English law aspects of the transaction.

Vitaliy Radchenko commented: “We are privileged to have advised on this deal, contributing to the further development of solar power infrastructure. Ukraine is actively working to innovate its energy sector and increase its renewable energy share. CMS has once again proved its expertise in the field of energy and M&A.”

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For more information and/or interviews, please contact:

Darina Gordienko

CMS Cameron McKenna Nabarro Olswang

E:darina.gordienko@cms-cmno.com /+38044 3913377

Information about Worldwide CMS:

CMS provides clients with specialist, business-focused advice in law and tax matters. With our 4,500 legal professionals across the world, working in sector-based teams and expert in project management, our focus is on our clients and fulfilling their objectives.

CMS is a full-service top 10 global law firm, based on the number of lawyers (Am Law 2017 Global 100). With 74 offices in 42 countries across the world, revenues totalled €1.01bn in 2016. CMS acts for the majority of the DAX 30, a large number of the FT European 500 and a number of Fortune 500 companies.

CMS provides a wide range of expertise across 19 expert practice and sector areas including Banking and Finance, Commercial, Competition, Corporate, Dispute Resolution, Employment, Energy, Funds, Intellectual Property, Life Sciences/ Pharmaceuticals, Real Estate & Construction, Tax and TMT.

CMS offices and associated offices: Aberdeen, Algiers, Amsterdam, Antwerp, Barcelona, Beijing, Belgrade, Berlin, Bogotá, Bratislava, Bristol, Brussels, Bucharest, Budapest, Casablanca, Cologne, Dubai, Dusseldorf, Edinburgh, Frankfurt, Funchal, Geneva, Glasgow, Hamburg, Hong Kong, Istanbul, Kyiv, Leipzig, Lima, Lisbon, Ljubljana, London, Luanda, Luxembourg, Lyon, Madrid, Manchester, Medellín, Mexico City, Milan, Moscow, Munich, Muscat, Paris, Podgorica, Poznan, Prague, Reading, Rio de Janeiro, Rome, Santiago de Chile, Sarajevo, Seville, Shanghai, Sheffield, Singapore, Sofia, Strasbourg, Stuttgart, Tirana, Tehran, Utrecht, Vienna, Warsaw, Zagreb and Zurich.

For more information, please visit www.cms.law

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