Sayenko Kharenko’s involvement in this transaction included legal support during the negotiation and conclusion of the share purchase agreement and shareholders’ agreement and completion assistance. Elementum Energy is the largest international investor to the renewable energy sector in Ukraine. The company currently owns and operates a portfolio of 28 solar power plants with a total installed capacity of 536 MW and a 40 MW wind power plant, with additional 60 MW of wind capacity in construction. Ukraine Power Resources is a U.S. company founded by Peter A. Gish and Geoff Berlin that is developing renewable energy and storage projects in Ukraine.  Through its affiliate companies it has successfully developed over 2.4 GW of wind power capacity and 600 MW of solar PV capacity in seven countries. Sayenko Kharenko’s team included partner Oleksandr Nikolaichyk, senior associate Mykhailo Grynyshyn and associate Zarina Khalimon.

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January 2022, Ukraine