The share purchase agreements were signed in Doha on 5 April 2021, and the acquisition is expected to close in the coming months subject to certain conditions precedent.
Nebras Power is a global power development and investment company headquartered in Doha, Qatar. NPIM is the international investment management and development company of Nebras Power. Its mandate is to own, develop and invest in greenfield and brownfield projects in the sectors of power and water, in the Netherlands and internationally.
The transaction marks the first investment of Nebras Power in the power sector of Ukraine. It will promote the use of clean and sustainable energy Ukraine, and help reduce Ukraine's carbon footprint and reliance on fossil fuels.
"We are delighted to have supported Nebras Power in this major deal, which we hope will be indicative for the transforming Ukrainian power sector, and will encourage other investors to explore and utilise Ukraine's considerable opportunities in the energy, infrastructure and other sectors. I would like to thank all my colleagues for their efforts and the remarkable teamwork, which contributed greatly to the success of this deal", Svitlana Teush, head of the renewable energy practice at Redcliffe Partners, said.
Redcliffe Partners’ project team worked closely with Nebras Power inhouse legal team, and was led by Partners Svitlana Teush and Zoryana Sozanska-Matviychuk, with the significant involvement of Associate Stanislav Rodionov, and the important support of Senior Associate Evgeniy Vazhynskiy, Associates Victoria Ivasechko, Hanna Marunych and Eduard Olentsevych, Junior Associate Yevhen Chorny, and Paralegals Sam Shyshka and Sevastian Viktoruk.