As we previously reported, by the end of 2019, Ukraine faced difficulties in complying with its feed-in-tariff (“FiT”) regime for the renewable energy sector because the FiT that the government owed to renewable energy producers substantially exceeded market prices. In June 2020, the Ukrainian government and industry associations representing some (but not all) producers of renewable energy signed a Memorandum of Understanding (the “MoU”). The primary goal of the MoU was to solidify the...
By: WilmerHale
By: WilmerHale
