The energy and natural resources sector group at Asters has a strong reputation for advice on regulatory issues across the industry, and practitioners assist with development, financing, construction, operation, M&A, and restructuring. Experience spans the range of operations in Ukraine or involving Ukrainian stakeholders – electricity, renewable energy, oil and gas, and energy transition projects. The group is jointly coordinated by Yaroslav Petrov, an energy law expert whose recent slate of work has focused on renewable energy and transition projects, and corporate practice head Armen Khachaturyan, a key figure in the negotiation of production sharing agreements. Additional lawyers to note include Marta Halabala, the lead contact for the environmental protection and sustainable development sub-group, and Kateryna Andarak, whose practice has a strong focus on regulatory and transactional matters in the renewable energy sector.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘What makes Asters' energy team unique is their seamless cooperation with other departments, forming a truly multidisciplinary group that provides us with integrated and practical advice for complex projects. They combine strong sector knowledge with a clear understanding of the Ukrainian market, helping us anticipate both regulatory and commercial challenges, which makes them highly effective partners for investors.'
- 'Their collaborative approach, flexible working style, and openness make them stand out from other firms.’
- ‘They don't just advise, they feel like an extension of our own project team.'
- ‘Good collaboration, tailor-made approach, flexibility.’
- ‘Meticulousness in analysis and consistency.’
- ‘We appreciate the team's local depth and responsiveness.'
Key clients
- Fenix Repower AS
- ELQ
- IFC
- Naftogazbudinformatika
- UWEA - Ukrainian Wind Energy Association
Work highlights
Advising Fenix Repower AS on the acquisition of targets for project development in Ukraine, including storage facilities and wind farms located on the left bank of the country.
Advising NJBI on the TEC Dolyna Project, aiming to establish a pioneering clean energy microgrid within the Dolyna territorial community, addressing legislative gaps and fostering sustainable energy solutions amidst challenges faced by the Ukrainian energy system.
Advising Ukrainian Wind Energy Association on its project aiming to improve the regulatory framework for wind projects.
Lawyers
Leading partners
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Practice head
Armen Khachaturyan; Yaroslav Petrov
Other key lawyers
Marta Halabala; Kateryna Andarak