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CMS Advises EBRD on Renewable Energy Investment in Ukraine

CMS Advises EBRD on Renewable Energy Investment in Ukraine

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CMS has advised the European Bank for Reconstruction and Development on a loan of approximately USD 13.9 million to Ukraine's Irshanska SES LLC.

According to CMS, “the loan proceeds are designed to support the construction and operation of the 30 MW solar power plant in the Zhytomyr region of Ukraine. The financing is provided by the EBRD within the framework of the Ukraine Sustainable Energy Lending Facility program, which focuses on the development of the renewable support scheme in Ukraine and the expansion of renewable energy technologies.”

CMS’ team was led by Warsaw-based Partner Mark Segall and included Kyiv-based Partners Vitaliy Radchenko, Ihor Olekhov, and Natalia Kushniruk, Senior Associate Volodymyr Kolvakh, Associate Anatolii Doludenko, and Lawyer Ivan Pshyk, as well as Belgium-based Associate Partner Benoit Vandervelde, Luxembourg-based Partner Vivian Walry, and Bulgaria-based Partner Elitsa Ivanova.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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