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Redcliffe Partners and Integrites Advise on Financing of Bohuslav Photovoltaic Power Plant Construction

Redcliffe Partners and Integrites Advise on Financing of Bohuslav Photovoltaic Power Plant Construction

Ukraine
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Redcliffe Partners and Clifford Chance Amsterdam have advised the Netherlands Development Finance Company, the Green for Growth Fund, and the Norwegian Guarantee Institute for Export Credits on EUR 37.8 million financing to Scatec Solar for the construction of a 54 MWp solar PV plant in the community of Bohuslav, in the Kyiv region of Ukraine. Integrites and Triniti advised Scatec Solar on the transaction, which closed in July 2019.

The Netherlands Development Finance Company (FMO), a Dutch development bank, acted as mandated lead arranger, original lender, and facilities agent. The Green for Growth Fund participated under FMO’s B Facility, and the Norwegian Guarantee Institute for Export Credits, a Norwegian export credit agency, provided a partial unfunded credit guarantee to FMO with respect to financing of the construction, maintenance, and operation of the Bohuslav plant.

The Redcliffe team was led by Managing Partner Olexiy Soshenko.

The Integrites team was led by Partner Igor Krasovskiy and included Senior Associates Olena Savchuk and Yuriy Korchev and Associates Alina Trofimova and Viktoriia-Anna Oliinyk.

As reported on 10 July 2019, Integrites has advised Scatec Solar on the construction and financing of six PV plants in Ukraine.

Redcliffe Partners at a Glance

Redcliffe Partners is a leading Ukrainian law firm that provides a full range of legal services to large national enterprises, international companies, financial institutions and private investors who are conducting business or investment activities in Ukraine.

We are involved in the majority of the largest and most complicated transactions and litigation cases in Ukraine.

Redcliffe is a top-tier law firm in Ukraine, being Tier 1 in all of our key practices: Banking, Energy and M&A according to Legal 500 2019.

The basis of our work and dynamic development is a powerful international team, practical experience in the most active business sectors, and impeccable professional ethics and business transparency.

Firm's website: www.redcliffe-partners.com