Kinstellar Advises Evelixon Trading In Two Transactions In The Serbian Wind Power Sector
Kinstellar advised Evelixon Trading Limited on the acquisition of a 100% share in the project company Grand Wind Park from Windvision Serbia Holding. The project, known as the WN NBT WIND 1 wind farm, is currently in the early stages of development. Located in the city of Pančevo, the farm is planned to have an installed power capacity of 120 MW. Evelixon Trading Limited has a few projects in their portfolio in Serbia in the early stages of development or nearing " ready-to-build " status. Kinstellar’s team provided comprehensive legal advice throughout the transaction – performing a legal due diligence, drafting the transaction documents - including the SPA, and assisting with the signing and closing processes. The transaction was closed during June 2023. Additionally, we advised Evelixon Trading Limited on the sale of a 50% share in Grand Wind Park – the same project company involved in the initial transaction, to MK Green Energy Limited, a member of the MK Group....