Redcliffe Partners advised Landesbank Berlin on the restructuring of EUR244 million financing provided to Wind Power, a Ukrainian operating asset of DTEK Renewables Group. The financing was backed by a guarantee of EKF, the Danish export credit agency.
The successful restructuring of the loan will bring positive outcomes for the development and operation of green energy in Ukraine and, in particular, for wind and solar power generation.
Redcliffe has a track record of advising on the development, structuring, financing and taxation in relation to the most high-profile and innovative energy projects in Ukraine, involving many industry leaders including Arawak Energy Ukraine, GalNaftoGas, TNK-BP, Chevron and Vanco.
Redcliffe’s team included Olexiy Soshenko, managing partner, Andriy Grebonkin, senior associate, Olesia Mykhailenko, junior associate and Anatoliy Doludenko, junior associate.