April 2023 – Kinstellar has supported United Energy Group (UEG)’s internal legal team, Leslie Zhang, Yu Zheng, Yao Liu and other UEG in-house counsels, on the acquisition of Green Profit EOOD, a developer of a photovoltaic (PV) project under construction. The Simeonovgrad-Polyanovo PV project, located in southern Bulgaria, has a forecasted capacity of 250 MW. Kinstellar led and negotiated the entire transaction, including the share purchase agreement and other transaction documents.
UEG is a Hong Kong-based producer of traditional and renewable energy that has recently expanded its presence in the European energy market.
The multi-disciplinary team that advised UEG was led by Nina Tsifudina (Partner) and Atanas Mihaylov (Counsel), and included Antonia Mavrova (Partner), Sava Savov (Partner), Mladen Minev (Counsel), Simeon Vachev (Senior Associate), and Nikolay Gergov (Senior Associate).