Asters has extensive experience in advising clients on various significant energy related projects in Ukraine. Our attorneys have represented developers, private equity funds, and equity investors, lenders, contractors, project companies, the government and its departments/agencies in the development, financing, construction, operation, merger & acquisition, and the restructuring of a wide range of oil & gas, electricity, renewable energy, waste-management and emissions reduction projects. Our experience is very timely in view of the Ukrainian Government’s energy independence and efficiency strategy with the subsequent market developments.
Asters is top-ranked for energy and natural resources by Chambers Europe 2022 and The Legal 500: EMEA 2022 and is recognized among the Top 3 law firms for energy and natural resources according to the Ukrainian Law Firms 2021. A Handbook for Foreign Clients.
We work for major energy companies and government agencies responsible for energy matters:
Eustream, a.s. (Slovak Gas TSO) on Ukrainian law matters related to the reverse gas supply to Ukraine from the Slovak Republic and the subsequent preparation of the transactional documents executed by Eustream, a.s. with PJSC Ukrtransgaz and NAK Naftogaz Ukrayni;
Toshiba Corporation on various issues under Ukrainian law in connection with the acquisition of Westinghouse;
General Electric Energy on issues of Ukrainian merger control law, including obtaining clearance from the competition authority for a 100% equity acquisition in Vetco International Limited;
CEZ Group, a major Czech energy and power distributor, on various issues of Ukrainian law, including a full-blown due diligence in connection with a planned acquisition of major regional power distribution companies;
Union Fenosa and EDF in privatisation tenders for Ukrainian power companies;
International Finance Corporation on a 45 million USD loan to AES-Kyivoblenergo, and AES-Rivneoblenergo, both power distribution companies previously owned by AES Corporation in Ukraine;
The European Bank for Reconstruction and Develoment in connection with financing several large scale renewable energy projects;
Green Gas International, a global gas management and utilisation company, on corporate, regulatory and energy law issues in connection with the company's coal mine methane utilisation programme;
OAK Utilities Solutions and Development in connection with the realization of a pilot "waste to energy" project in one of the cities in Ukraine, including advising on investment structuring, the establishment of an SPV, the acquisition of land rights, and drafting a long-term waste supply agreement;
Assisting a large PV developer in connection with the sale of several "shovel ready" PV projects;
Assisting a leading wind turbine manufacturer with wind energy projects in Ukraine, including with import, installation, commissioning, and licensing issues;
Assisting investors in renewable energy projects in relation to the due diligence of "shovel ready" renewable energy projects;
Advising international traders on the import of natural gas, on the establishment of businesses in Ukraine, and on licensing.
Our attorneys provide clients with complex legal services, including:
Project Related Advice: