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CMS Advises Acciona Energia on Expansion of Solar Projects Portfolio in Ukraine

CMS Advises Acciona Energia on Expansion of Solar Projects Portfolio in Ukraine

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CMS Ukraine has advised Acciona Energia on all aspects of its joint venture projects with UDP Renewables, a Ukrainian investment and development company for the renewable energy sector. Everlegal reportedly advised UDP Renewables on the deal.

Acciona is a global investor and operator of renewable energy projects.

As part of the projects, Acciona Energia and UDP Renewables will construct two new solar power plants, Gudzovka-Solar and Arcyz-Solar, in the Odesa region of Ukraine, with an aggregate peak capacity of 44 megawatts. 

The CMS team was led by Partners Vitaliy Radchenko and Tetyana Dovgan, supported by Managing Partner Graham Conlon, Partner Olga Belyakova, Lawyer Diana Pysarenko, Senior Associate Nataliya Nakonechna, and Associates Vitalii Mainarovych, Mariana Saienko, and Mykola Heletiy.

Editor's Note: After this article was published, Everlegal confirmed its involvement in the deal. The firm's team was led by Partner Andriy Olenyuk, assisted by Managing Partner Yevheniy Deyneko, Senior Associate Yuliia Kylchynska, Associate Alina Zhuk, and Junior Associates Mykyta Stebliuk, Olha Horodniuk, and Vladyslav Lazarevych.  

On November 9, 2020, CMS informed CEE Legal Matters that the project had been "built and commissioned."