Sayenko Kharenko has advised the Green for Growth Fund on its provision of a Ukrainian hryvnia loan worth EUR 5 million to Bank Lviv.
Sayenko Kharenko reported that the bank will use the loan to lend the funds to its business clients, primarily from the agricultural and processing sectors, for the implementation of energy-effective projects.
The Green for Growth Fund invests in measures designed to cut energy use and CO2 emissions and improve resource efficiency in 19 markets across Eastern and Southeast Europe, the Middle East, and North Africa.
Bank Lviv provides banking services to micro, small, and mid-size enterprises and private clients across Western Ukraine.
Sayenko Kharenko’s team included Partner Igor Lozenko and Associate Denis Nakonechnyi.
Sayenko Kharenko did not respond to an inquiry about the deal.