Eterna Law has advised the Modus Group on its investment in the construction of a solar station in Zhytomyr region of Ukraine.
The Modus Group plans to invest EUR 30 million in the construction of a new solar park with a capacity of 35 megawatts. According to Eterna, the project "will be implemented by Green Genius and Modus Energy International, which are members of the Modus group. The construction of a new solar power plant is scheduled for the second half of 2019. The project will be implemented in the territory of the Lubarskaya town community. The park will generate about 45 gigawatt-hour of electricity per year and will become the largest solar power station in the region."
According to Eterna, the Modus group "unites companies operating in the real estate, energy, and auto-trading markets," and the firm reports that "the group has already implemented renewable energy projects in Lithuania and Belarus, and now works in this industry in Spain and Poland."
The Eterna Law team was led by Partner Maksym Uslystyi and included Associate Mykhailo Lytvyn.
