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.