Sayenko Kharenko has advised Elementum Energy on the acquisition of a majority stake in Windpark West-R.
Elementum Energy is an international investor in Ukraine’s renewable energy sector, with a portfolio of solar and wind power plants totaling 636 megawatts of installed capacity.
Windpark West-R is a project company developing a 200-megawatt wind power plant in western Ukraine at the junction of the Ternopil, Rivne, and Lviv regions. According to Sayenko Kharenko, the project is being developed in cooperation with Maxima Development Group, which remains a minority shareholder.
In 2022, Sayenko Kharenko advised Elementum Energy on its acquisition of a stake in the Lymanska wind project (as reported by CEE Legal Matters on January 31, 2022).
The Sayenko Kharenko team included Partner Oleksandr Nikolaichyk, Counsels Mykhailo Grynyshyn and Tymur Enkhbaiar, Senior Associates Taras Bondarenko and Natalia Hutarevych, Associate Dmytro Zaiachkivskyi, and Junior Associates Victoria Chorna, Maksym Kysil, Ahil Aliev, and Vladyslav Novitskyi.
Sayenko Kharenko could not provide additional information on the matter.