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ASTERS ADVISES GREEN GENIUS ON THE CONSTRUCTION OF A 14 MW SOLAR POWER PLANT IN IVANO-FRANKIVSK REGION
Asters, Kyiv, Ukraine,
Mon, Dec 2, 2019
Asters acted as a legal counsel to Green Genius, a renewable energy company, part of Modus Group international holding, in connection with the construction of 14 MW solar power plant in the village of Zalukva (Ivano-Frankivsk region, Ukraine).
The solar power plant in Zalukva was launched on 27 November 2019. This is the first solar power project implemented in Ukraine by Modus Group. The project was delivered within 6 months. Over EUR 11 million were invested in the construction of the solar power plant.
"We aim to become one of the major renewable energy project developers in Europe, and we see great potential in Ukraine. By providing clean and green energy to this market, we also contribute to the strengthening of Ukraine’s energy independence”, says Ruslan Sklepovič, Board Member of Modus Group responsible for renewable energy area.
Asters' project team included Partner Yaroslav Petrov, Counsel Anzhelika Livitska, Senior Associate Marta Halabala, and Associates Olena Sichkovska and Olena Yasentiuk.
Green Genius is a renewable energy company owned by Modus Group, developing solar and biogas energy projects across Europe: Poland, Spain, Italy, Ukraine, Belarus, Lithuania and other. It is planned that in 2025 Green Genius portfolio of renewable energy projects will amount to 1.5 GW.
Asters is the largest law firm in Ukraine with offices in Kyiv, Washington D.C., Brussels and London. Chambers Europe 2019 recognizes 19 lawyers of Asters – the largest number of the renowned practitioners in a single Ukrainian law firm.