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Squire Patton Boggs and CMS Advise on EBRD and Goldbeck Solar Investment Joint Venture

Squire Patton Boggs and CMS Advise on EBRD and Goldbeck Solar Investment Joint Venture

Ukraine
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Squire Patton Boggs has advised the European Bank for Reconstruction and Development on establishing a renewable energy joint venture company with Goldbeck Solar Investment – Goldbeck Solar Investment Ukraine. CMS advised Goldbeck Solar.

The transaction remains contingent on regulatory approval. 

Headquartered in Baden-Wuerttemberg, Goldbeck Solar is a German solar energy company with more than two decades of experience.

According to Squire Patton Boggs, "the joint venture will target the development of a portfolio of up to 500 megawatts of solar photovoltaic projects in Ukraine over the next three to five years. This is the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022."

The Squire Patton Boggs team included Warsaw-based Partner Marcin Wnukowski as well as other team members in Milan, Frankfurt, and Brussels.

The CMS team in Ukraine included Partners Vitaliy Radchenko and Olga Belyakova and Senior Associates Mykola Heletiy and Mariana Saienko as well as further team members in Germany.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.