Chadbourne & Parke LLP has assisted the AES Corporation in a sale of its interests in two Ukrainian power distribution companies, AES Kyivoblenergo and AES Rivneoblenergo, to VS Energy International.  AES Kyivoblenergo and AES Rivneoblenergo supply electricity to customers in industrial, residential, agricultural and energy sectors in Kyiv and Rivne regions respectively.  The transaction is expected to close by mid-2013 and is subject to Ukrainian regulatory approvals.

Chadbourne has a long-standing relationship with AES and has advised AES in connection with various corporate, M&A and project finance matters around the world.

The Chadbourne team was led by London partner Charez Golvala and Kyiv managing partner Jaroslawa Johnson, with key input from a talented team of associates: Anna Putintseva, Olga Prokopovych, Tetyana Dovgan, Maryna Golovko, Oleksandra Soloviova, Anna Iakubenko, Andriy Kirmach, Alexandra Neovius and Paul White. Chadbourne continues working on the transaction.

About Chadbourne & Parke LLP

Chadbourne & Parke LLP, founded in 1902, is a full-service international law firm with 12 offices around the world, including in the United States, United Kingdom, Poland, Russia, Ukraine, Turkey, China, Brazil, Mexico City, and the United Arab Emirates. 

Its Kyiv Office was established in 1993 and contains top US and Ukrainian qualified lawyers that specialize in M&A and corporate, banking and finance, capital markets, debt restructuring, litigation and arbitration, compliance, taxation and real estate matters.

For additional information please visit: www.chadbourne.com