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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 Trinity 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.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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