NEWS (October 15, 2013)

Asters – Ukrainian counsel to the EBRD in connection with EUR 15.5 million loan to Biogasenergo

Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with the financing package including an 8-year EBRD loan of EUR 9.9 million and a 15-year loan of EUR 5.6 million from the Clean Technology Fund (CTF) to LLC Biogazenergo, a subsidiary of Ukraine’s EIG Engineering.

This financing is a part of the EBRD Ukraine Sustainable Energy Lending Facility (USELF), an investment facility of EUR 70 million (EUR 50 million from the EBRD and EUR 20 million from the CTF) designed to provide finance to private local enterprises wishing to invest in renewable energy projects in Ukraine.

Asters' team working on the project consisted of partner Iryna Pokanay and associates Gabriel Aslanian and Inna Bondarenko.

Subscribe
The Ukrainian Journal of Business Law

Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print.

All this for just USD 9.99 a month.

 

Subscribe now