Determined the best structure of a transaction to acquire a large piece of real estate

Pepeliaev Group's team provided legal support under a transaction to purchase a regional power station. Our tasks included: determining the best structure of the transaction, as well as determining and analysing the scope of the transaction and target facilities.

Within the framework of the project our lawyers conducted due diligence of the assets to formalise ownership rights and organised data regarding the target facilities. They structured the data by various classes depending on how ready were the facilities for sale. It was important for the client to learn technical capacities and to check for legal factors which were relevant for the subsequent use of the asset.

The client planned to use the acquired property complex for different purposes. This had a major influence on both the scope of the property necessary for the buyer, and the structure of the transaction owing to the fact that many obligations were of a social nature and should have been taken into account in the scope of the transaction. The project was challenging in that the target facility was of city-forming importance, occupied a significant geographical area, and was of higher importance for the relevant region.