AVELLUM acted as the legal counsel to Investment Capital Ukraine (ICU) on the sale of the remaining stake in alternative energy projects with total capacity over 200 MW to VR Capital Group. The transaction covered the following solar power plants jointly developed by ICU and VR: “Kamianets-Podilskа” in Khmelnytskyi region, “Solar Capital” in Kherson region, a number of power plants in Mykolaiv region.

AVELLUM provided full legal support to ICU in negotiating and signing the transaction documents, as well as in completion of the transaction.

The AVELLUM team was led by partner Yuriy Nechayev with support from associates Dmytro Symbiryov and Maryna Buinytska.


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