CMS Cameron McKenna in Kyiv has advised the European Bank for Reconstruction and Development (EBRD) on two financing projects in Lviv and Chernivtsi aimed at developing and renewing the critical fast tram system and district heating utilities in the cities.

Two loans of EUR 6 million and EUR 10 million have been provided to Lviv and Chernivtsi communal enterprises subject to the issuance of city council guarantees.

CMS Cameron McKenna’s Ukraine office has also advised the EBRD on municipal infrastructure projects in other Ukrainian cities, including Enerhodar, Cherkasy, Ivano-Frankivsk, Lutsk, Odesa, Poltava, Ternopil, Vinnytsya and Zhytomyr.

Commenting on the co-operation with the EBRD, Daniel Bilak, Managing Partner of CMS Cameron McKenna, Kyiv, said: “We are very pleased to support the EBRD in its efforts to improve the infrastructure of cities across Ukraine."

Lawyer(s)
Daniel Bilak