Asters acted as a legal counsel to VR Capital Group on its acquisition of 50% of outstanding shares in PVK Energy Investments (Cyprus) from ICU, an independent asset management, private equity and investment advisory firm specialising in the emerging markets of Central and Eastern Europe. PVK Energy Investments is an owner of Solar Capital, which is building a 34.75 MW solar power plant in Kherson region.
Asters' team supported its client on all major aspects of the deal. In particular, Asters conducted legal due diligence of Solar Capital, participated in negotiation of transactional documentation and obtained a merger clearance from the Antimonopoly Committee of Ukraine.
Asters' project team included Partner Yaroslav Petrov, Counsel Anzhelika Livitska, Senior Associates Marta Halabala, Oleh Furmanchuk and Oleksandr Tselevych, Associates Diana Kondratieva, Olena Nikolenko and Olena Yasentiuk advising on corporate and regulatory aspects, and Counsel Tetiana Vovk and Associate Pavlo Verbolyuk advising on the antitrust aspects.
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VR Capital Group is an alternative asset manager with a strong historical orientation towards emerging markets, including Ukraine. The company operates offices in London, New York and Moscow and has a presence in Buenos Aires.
Asters Law Firm Attorneys' Partnership is the largest law firm in Ukraine that was created as a result of teams’ consolidation of the Kyiv office of EPAP Ukraine and Asters. Chambers Europe 2018 recognizes 22 lawyers of the combined firm – the largest number of the renowned practitioners in a single Ukrainian law firm.