CMS advised Scatec Solar on its acquisition of the 148 MW Progressovka solar power project in Mykolaiv region.

Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. This project marks yet another acquisition for Scatec Solar in Ukraine where the company already have secured a number of projects with a total capacity of 250+ MW.

CMS team advising Scatec Solar was led by energy partner Vitaliy Radchenko, with key support provided by real estate counsel - Natalia Kushniruk and associate - Ihor Pavliukov and with further support from Graham Conlon on English law aspects of the transaction.

Vitaliy Radchenko commented: “We are very proud to have helped Scatec Solar growing their project portfolio in Ukraine and becoming one of the largest investors in solar energy in Ukraine. This project will be one of a few of this size in Ukraine”

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About CMS

Founded in 1999, CMS is a full-service top 10 international law firm, based on the number of lawyers (Am Law 2016 Global 100). With more than 70 offices in over 40 countries across the world and employing more than 4,500 lawyers, CMS has longstanding expertise both in advising in its local jurisdictions and across borders. From major multinationals and mid-caps to enterprising start-ups, CMS provides the technical rigour, strategic excellence and long-term partnership to keep each client ahead whatever its chosen markets. Revenues totalled EUR 1,3bn in 2017.

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