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Kinstellar advises IFU on a loan to Kness Group, a leading Ukrainian EPC services provider

04/ 09/ 2018
  September 2018 – Kinstellar has acted as Ukrainian legal counsel to the Investment Fund for Developing Countries (IFU), an agency of the Government of Denmark, in connection with a secured EUR 5.75 million loan facility to Kness Group, a Ukraine’s leading engineering, procurement and construction (EPC) group of companies. The IFUs loan facility will support the development, construction and operation by Kness Group of three solar plants with total capacity of 33.9 MW in the Vinnitsa region of Ukraine and is expected to contribute to the reduction of CO2 emissions by approx. 37 500 tons per year. Kinstellar’s team advising on the transaction was led by Andriy Nikiforov (Counsel), Olena Kuchynska (Partner) advised IFU on corporate and energy matters and Oleg Matiusha (Counsel) on real estate matters. Kinstellar’s team working on the matter also included Viktoriia Pysmenna, Oleh Andreikiv, Yulia Eismont and Oleksandr Plachynta (Associates). For further information please contact Andriy Nikiforov, Counsel, at andriy.nikiforov@kinstellar.com. Kinstellar is Emerging Europe and Central Asias leading independent law firm. Our highly skilled lawyers handle the most important and complex transactions for clients in diverse industries and sectors across Emerging Europe and Central Asia. Kinstellar law firm was formed in November 2008 from the Bratislava, Bucharest, Budapest and Prague offices of Linklaters and has expanded with new offices in Kyiv, Belgrade, Istanbul, Almaty, Sofia, and Tashkent. Kinstellars experience speaks for itself: major corporations, financial institutions, governments and the most respected international law firms trust us because we deliver.

September 2018 – Kinstellar has acted as Ukrainian legal counsel to the Investment Fund for Developing Countries (IFU), an agency of the Government of Denmark, in connection with a secured EUR 5.75 million loan facility to Kness Group, a Ukraine’s leading engineering, procurement and construction (EPC) group of companies.

The IFU’s loan facility will support the development, construction and operation by Kness Group of three solar plants with total capacity of 33.9 MW in the Vinnitsa region of Ukraine and is expected to contribute to the reduction of CO2 emissions by approx. 37 500 tons per year.

Kinstellar’s team advising on the transaction was led by Andriy Nikiforov (Counsel), Olena Kuchynska (Partner) advised IFU on corporate and energy matters and Oleg Matiusha (Counsel) on real estate matters. Kinstellar’s team working on the matter also included Viktoriia Pysmenna, Oleh Andreikiv, Yulia Eismont and Oleksandr Plachynta (Associates).

For further information please contact Andriy Nikiforov, Counsel, at andriy.nikiforov@kinstellar.com.

Kinstellar is Emerging Europe and Central Asia’s leading independent law firm. Our highly skilled lawyers handle the most important and complex transactions for clients in diverse industries and sectors across Emerging Europe and Central Asia.

Kinstellar law firm was formed in November 2008 from the Bratislava, Bucharest, Budapest and Prague offices of Linklaters and has expanded with new offices in Kyiv, Belgrade, Istanbul, Almaty, Sofia, and Tashkent. Kinstellar’s experience speaks for itself: major corporations, financial institutions, governments and the most respected international law firms trust us because we deliver.

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