Squire Patton Boggs has advised the European Bank for Reconstruction and Development on establishing a renewable energy joint venture company with Goldbeck Solar Investment – Goldbeck Solar Investment Ukraine. CMS advised Goldbeck Solar.
The transaction remains contingent on regulatory approval.
Headquartered in Baden-Wuerttemberg, Goldbeck Solar is a German solar energy company with more than two decades of experience.
According to Squire Patton Boggs, "the joint venture will target the development of a portfolio of up to 500 megawatts of solar photovoltaic projects in Ukraine over the next three to five years. This is the first private energy deal led by a foreign investor to add renewable generation capacity in Ukraine since February 2022."
The Squire Patton Boggs team included Warsaw-based Partner Marcin Wnukowski as well as other team members in Milan, Frankfurt, and Brussels.
The CMS team in Ukraine included Partners Vitaliy Radchenko and Olga Belyakova and Senior Associates Mykola Heletiy and Mariana Saienko as well as further team members in Germany.
