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CMS Advises EBRD on Renewable Energy Investment in Ukraine

CMS Advises EBRD on Renewable Energy Investment in Ukraine

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CMS has advised the European Bank for Reconstruction and Development on a loan of approximately USD 13.9 million to Ukraine's Irshanska SES LLC.

According to CMS, “the loan proceeds are designed to support the construction and operation of the 30 MW solar power plant in the Zhytomyr region of Ukraine. The financing is provided by the EBRD within the framework of the Ukraine Sustainable Energy Lending Facility program, which focuses on the development of the renewable support scheme in Ukraine and the expansion of renewable energy technologies.”

CMS’ team was led by Warsaw-based Partner Mark Segall and included Kyiv-based Partners Vitaliy Radchenko, Ihor Olekhov, and Natalia Kushniruk, Senior Associate Volodymyr Kolvakh, Associate Anatolii Doludenko, and Lawyer Ivan Pshyk, as well as Belgium-based Associate Partner Benoit Vandervelde, Luxembourg-based Partner Vivian Walry, and Bulgaria-based Partner Elitsa Ivanova.

CMS at a Glance

Founded in 1999, CMS is a full-service top 10 international law firm, based on the number of lawyers (Am Law 2018 Global 100). With 70+ offices in 40+ countries across the world, employing over 4,800 lawyers, CMS has longstanding expertise both at advising in its local jurisdictions and across borders. CMS acts for a large number of Fortune 500 companies and the FT European 500 and for the majority of the DAX 30. Revenues totalled EUR 1.36bn in 2018.

In Russia, CMS has been supporting its clients since 1992. The Moscow office offers a full range of legal and tax services across 21 practice and sector groups. Over 50 lawyers qualified in Russian, English, French and German law advise international clients on all matters relating to doing business in Russia and CEE, and support Russian companies doing business in Europe and other countries.

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