Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with a EUR 5.7 million loan to Green Agro Service LLC. The financing is provided within the frameworks of EBRD's programme to support Ukrainian renewable energy sector and aims at the development, construction and operation of a 4.5 MW solar plant, which will be located in the Vinnitsya region of south Ukraine.

This first ever solar project to be financed by the EBRD in the region 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 Clean Technologies Fund (CTF)) designed to provide finance to private local enterprises wishing to invest in renewable energy projects in Ukraine.

Asters' team advising on the project consisted of partner Iryna Pokanay and associates Gabriel Aslanian and Viktoria Zagreba.

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Asters is a full-service independent national law firm. With more than 15 years of experience the firm has one of the longest track records on the country's legal market. Asters is among the most recommended law firms for Ukraine according to reputable international legal directories The Legal 500, PLC Which Lawyer?, Chambers Global, IFLR 1000, and Ukraine's legal market research publications. A list of the firm's clients includes major international corporations, such as Boeing, Coca-Cola, Marathon Oil, Miele, News Corp., New Line Cinema, Nissan Motor, Nokia Corporation, Philip Morris, Renault, Telenor ASA, Toshiba Corporation, and the world's leading financial institutions ABN AMRO, Barclays Capital, Citibank, Credit Suisse, Deutsche Bank, EBRD, IFC, ING Bank, JP Morgan Chase, Standard Bank, Swedbank and the World Bank.