CMS has advised MND a.s., a Czech energy group, on its acquisition of a 50% share in the 54.6 MWh Oriv wind power plant in Ukraine.
CMS provided comprehensive support throughout the transaction, including both the due diligence and transactional stages.
The construction of the Oriv wind power plant commenced in 2021, with the final wind turbine installed in 2023, after the war in Ukraine began. The Oriv wind power plant is expected to have an annual production of 150 GWh.
The CMS team in Kyiv was led by Vitaliy Radchenko, (Managing Partner and head of Energy & Climate Change) and included Mariana Saienko and Ihor Pavliukov (Corporate/M&A), Maryna Ilchuk and Maksym Zhurakovskyi (Energy & Climate Change); Ihor Olekhov and Ivan Pshyk (Banking & Finance), Olga Belyakova, Mykola Heletiy and Oleksandr Sytnyk (Competition).
Vitaliy Radchenko, managing partner of CMS in Ukraine, said: “We are delighted to have supported our long-standing client MND in the successful acquisition of a stake in the Oriv wind power plant, one of the very few wind power plants commissioned in Ukraine after the war broke out. It is even more inspiring to see MND investing in and driving the sustainable future of Ukraine despite the war.”
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For further information, please contact:
Darina Gordienko
E: darina.gordienko@cms-cmno.com
T: +38044 391 3377
Notes to editors:
About CMS
Founded in 1999, CMS is an integrated, multi-jurisdictional organisation of law firms that offers full-service legal and tax advice. With 81 offices in 45 countries across the world and more than 5,000 lawyers, CMS has long-standing 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 in its chosen markets.
The CMS member firms provide a wide range of expertise across 19 practice areas and sectors, including Corporate / M&A, Energy & Climate Change, Funds, Life Sciences & Healthcare, TMC, Tax, Banking & Finance, Commercial, Antitrust, Competition & Trade, Dispute Resolution, Employment & Pensions, Intellectual Property and Real Estate.
For more information, please visit cms.law
About MND Group
MND is a leading energy company in Central Europe, operating in Austria, the Czech Republic, Germany, and Ukraine. With a strong foundation in both traditional and renewable energy, MND produces, stores, and trades energy while integrating innovative technologies that support environmental preservation. Building on more than a century of experience in oil and gas, MND is committed to meeting the energy demands of the 21st century with its expertise in drilling, geothermal wells, green hydrogen production and storage, carbon capture and storage, and more. MND Group is a subsidiary of KKCG, an innovation and investment group founded by entrepreneur and philanthropist Karel Komárek.
