Ayana Unerbayeva
Counsel
Ayana Unerbayeva
Counsel
  • Advised on the development of a 1 GW wind power plant with an energy storage system of up to 1 GWh in the Zhambyl region of Kazakhstan. The USD 1.4 billion project involves TotalEnergies, Samruk-Kazyna, and KazMunayGas. It is expected to generate up to 4 TWh of renewable energy annually and reduce CO₂ emissions by 3.5 million tonnes.

  • Advising on a 1.15 GW wind power project in Kazakhstan, including evaluation of three development pathways: an auction process with a Renewable Energy PPA and facility status under the Law on Renewable Energy; implementation under an Intergovernmental Agreement (IGA) with an RE PPA superseding national laws; and a standard PPA outside these frameworks with non-renewable facility status under the Law on Electricity.

  • Advised on the development of a 300 MW solar power plant with a Battery Energy Storage System (BESS) in the Turkestan region, as part of an 800 MW Kazakhstan –China joint investment portfolio. The work included legal due diligence of a partner, review of the renewable energy regulatory framework, drafting of the Power Purchase Agreement (PPA) and a draft Intergovernmental Agreement (IGA).

  • Advising DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH in connection with a planned project finance transaction in Uzbekistan, involving a USD 20 million term facility agreement with Hamkorbank JSC.
  • Kazakh National University named after Al-Farabi, LL.B in International Law, 2008
  • Boston University, LLM in Banking and Financial Law, 2010
Education
Professional Bodies
  • International Bar Association
  • Kazakhstan Bar Association
  • Association of Renewable Energy of Kazakhstan
  • Qazaq Green
  • EUROUZ
  • British-Kazakh Society
Industry: Energy, Oil & Gas, Mining
Practice Areas: Energy, Banking and Finance, Corporate, M&A, Capital Markets
Address: Almaty, Kazakhstan
Telephone: +7 701 955 79 91
Contacts
She advises on mergers and acquisitions, corporate finance, IPOs, private equity, and joint ventures, as well as the development, financing, and sale of renewable energy projects, including wind, solar, and hydrogen. Ayana is experienced in due diligence for oil and gas and mining companies, acquisitions and disposals under foreign law, and corporate structuring. She is recognised for her expertise in corporate law, M&A, finance, and securities across the Central Asian market.
Ms Ayana Unerbayeva is a Counsel at Unicase and a distinguished lawyer with over a decade of experience in Banking and Finance, International Treaties and Agreements, Capital Markets, and Energy.
Top Projects:
Recognition
Recognised Practitioner in Commercial, Corporate and M&A, Energy and Natural Resources
– The Legal 500 EMEA 2025
“Unicase team is consistently communicative, adaptable, and committed to finding solutions, regardless of the complexity of the issue. This level of collaboration and dedication truly sets them apart from other firms and has been instrumental in fostering a long-lasting and trusted relationship.”
Publications
Dive into Ayana's articles