Vasil Kisil & Partners advise ODASCO on acquiring 4.9 MW solar plant in Cherkasy region


ODASCO, a UAE-based leading company in innovative automation and electrical services, has entered the Ukrainian renewable energy market by acquiring a 4.9 MW solar project to be implemented in Cherkasy region.

Vasil Kisil & Partners acted as a sole legal advisor to ODASCO on all matters of the transaction, including advice on the pre-PPA and feed-in tariff auctions, project due diligence, and drafting and negotiating a set of acquisition documents.

Vasil Kisil & Partners’ renewable energy team, including Alexander Borodkin, partner, Ivanna Rodionova, associate, Tetiana Revutska, associate, and Maria Chaban, associate, advised on the deal.

ODASCO is a company established in June 1994 in Amman, Jordan. From 1998 headquartered in Dubai, with a presence in UAE, Qatar, Oman, Kuwait, Jordan and in from 2019 in Ukraine.

ODASCO is in construction, namely electrical works, extra-low voltage works, renewable energy & smart city solutions, telecommunication infrastructure and industrial automation.