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 148MW 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. We also advised the client on various

real estate and regulatory matters, which arose within the transaction.

AVELLUM’s partner Yuriy Nechayev commented on this

transaction: “We are honoured to guide our new client

through the complicated and challenging process of negotiating the transaction

documents in the M&A deal. This transaction shows that AVELLUM remains a

top choice for local players on the Ukrainian renewables market, who appreciate

our deep expertise in M&A, as well as our ability to find tailored legal

solutions for various real estate and regulatory issues.”

The AVELLUM team was led by partner Yuriy Nechayev

with support from associate Dmytro Symbiryov. Counsel Maksym Maksymenko and

associate Daryna Mykhailenko advised on real estate matters.