CMS in Kyiv has advised the EBRD on a EUR 13 million loan to the communal enterprise Mariupolske Tramvaino-Troleybusne Upravlinnya.
The investment will be used for the acquisition of up to 72 low-floor trolleybuses for the city of Mariupol, spare parts and maintenance equipment, and upgrading the trolleybus depot and reconstructing the network of overhead electric lines. According to CMS, "as an integral part of the project, which is implemented under the Ukraine Public Transport Framework approved by the EBRD in 2015, the improvement of the quality and efficiency of municipal transport will be achieved by reducing the trolleybus fleet’s energy consumption and connecting currently isolated districts to the existing trolleybus network."
CMS acted as English and Ukrainian law counsel to the EBRD. The CMS team was led by Partner Simon Dayes and Senior Associate Vyacheslav Ovechkin.
