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Sayenko Kharenko Advises Green for Growth Fund on EUR 6 Million Financing to Bank Lviv

Sayenko Kharenko Advises Green for Growth Fund on EUR 6 Million Financing to Bank Lviv

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Sayenko Kharenko has advised the Green for Growth Fund on a EUR 6 million loan to Bank Lviv to support investments in sustainable agricultural equipment, energy-efficient measures, and small-scale renewable initiatives.

The Green for Growth Fund invests in measures designed to cut energy use and carbon dioxide emissions and improve resource efficiency in 19 markets across Eastern and Southeast Europe, the Middle East, and North Africa.

Bank Lviv is a regional bank headquartered in Lviv, Ukraine.

According to Sayenko Kharenko, "the bank will on-lend funds to its clients to support investments in sustainable agricultural equipment, energy-efficient measures, and small-scale renewable initiatives, aimed at enhancing the competitiveness and environmental footprint of local businesses while generating a catalytic effect to Ukraine’s green recovery."

Back in 2021, Sayenko Kharenko advised the Green for Growth Fund on another loan to Bank Lviv (as reported by CEE Legal Matters on January 27, 2021).

The Sayenko Kharenko team included Partner Igor Lozenko, Senior Associate Oles Trachuk, Associate Yevhen Koval, and Paralegal Polina Savinska.