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CMS Cameron McKenna represented Greenworx Holding on acquisition of a 250MW wind power project in Ukraine
Newsletters from CMS Cameron McKenna, Kyiv, Ukraine
26 January, 2012
CMS Cameron McKenna has successfully represented Greenworx Holding, a Belgian developer of renewable energy projects, which, together with Guris Construction and Engineering Co. Inc., one of the largest construction companies in Turkey, acquired an indirect 100% interest in West-Crimean WES LLC ("WCW") from Ukr Wind Investments Ltd. WCW is developing a 250MW wind power project in Crimea.
The transaction was led by Adam Mycyk, Managing Partner and Head of Corporate/M&A, Vitaliy Radchenko, senior associate and coordinator of our Energy and Projects practice, and Yevheniy Deyneko, senior associate, Corporate/M&A, supported by lawyers in our real estate, corporate and energy practices. Our advice included overall management of the transaction, including due diligence, transaction documentation, and closing.
Adam Mycyk comments: "CMS Cameron McKenna has already worked on a number of similar projects in the Ukrainian renewables sector, and we are excited to have been able to help companies such as Greenworx Holding and Guris to develop renewable energy in Ukraine. Our strong regional capabilities in the renewables sector throughout Central and Eastern Europe, coupled with our local expertise, enables us to provide top quality assistance to developers and investors in the renewables sector, which we view as having tremendous potential in Ukraine”.
About CMS Cameron McKenna in Kyiv: CMS Cameron McKenna opened its doors in Kyiv in September 2007 and was the first UK-headquartered law firm to open in Ukraine. The office comprises of 32 lawyers, including five partners, and represents major international and Ukrainian companies working in various sectors. We are consistently highly ranked by the major international directories such as Chambers Global, IFLR, Legal 500, PLC Which Lawyer? and others. Recently Yurydychna Practyka awarded us (for the third year in a row) Best International Law Firm at their annual Legal Awards 2011 Ceremony.
Notes to Editors:
CMS provides a deep local understanding of legal, tax and business issues and delivers client-focused services through a joint strategy executed locally across 30 jurisdictions with 55 offices in Western and Central Europe and beyond.
The CMS nine member firms are: CMS Adonnino Ascoli & Cavasola Scamoni (Italy); CMS Albiсana & Suбrez de Lezo (Spain); CMS Bureau Francis Lefebvre (France); CMS Cameron McKenna LLP (UK); CMS DeBacker (Belgium); CMS Derks Star Busmann (Netherlands); CMS von Erlach Henrici Ltd. (Switzerland); CMS Hasche Sigle (Germany); CMS Reich-Rohrwig Hainz (Austria) and CMS Rui Pena & Arnaut (Portugal).
