GOLAW attorneys defend the Canadian investor TIU Canada against the illegal disconnection of the solar power plant

The Nikopol Ferroalloy Plant arbitrarily disconnected the station, justifying its actions by the alleged need for repairs. In fact, there have been no repairs so far. The company has been idle for almost a year, and its investor continues to incur multimillion losses.

The team of GOLAW attorneys under the guidance of Kateryna Manoylenko and Kateryna Tsvetkova, representing a Canadian investor in Ukraine, have developed a clear and transparent line of defense.

On July 26, the court completed its preparatory actions and the hearing on the merits took place. The representatives of the plant did not appear in court. However, the court heard GOLAW attorneys as claimant in the case.

The next hearing is scheduled for September 8, 2021, which will take place in the Northern Commercial Court of Appeal.

TIU Canada is a leading Canadian investor that has invested more than $ 65 million in Ukrainian solar energy over the past four years and became the first investor in Ukraine under the Canada-Ukraine Free Trade Agreement (CUFTA). The company put into operation a 10.5 MW solar power plant in Nikopol in January 2018, which was illegally disconnected from the grids by the Nikopol Ferroalloy Plant. The plant is owned by Ukrainian oligarchs Igor Kolomoisky, Gennadiy Bogolyubov and Viktor Pinchuk.