AVELLUM advised solar power plant developer

AVELLUM acted as the legal counsel to SM Invest Construction B.V., a solar PV plants developer, on the sale of shares in the holding company, which owns the underlying assets to develop a 120MW solar power plant in Mykolaiv region. Scatec Solar, a leading and globally acting solar energy producer, acted as the purchaser.

AVELLUM provided legal support to the client in negotiating the transaction documents. The firm also advised the client on various real estate and regulatory matters, which arose within the transaction.

The AVELLUM team was led by partner Yuriy Nechayev, with support from associates Dmytro Symbiryov and Olga Tersina. Counsel Maksym Maksymenko and associate Daryna Mykhailenko advised on real estate matters.