diff --git a/libraries/tools/kotlin-gradle-plugin-api/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/KotlinTarget.kt b/libraries/tools/kotlin-gradle-plugin-api/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/KotlinTarget.kt
index cb71c6f1cbe..3ce3517beed 100644
--- a/libraries/tools/kotlin-gradle-plugin-api/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/KotlinTarget.kt
+++ b/libraries/tools/kotlin-gradle-plugin-api/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/KotlinTarget.kt
@@ -9,10 +9,10 @@ import org.gradle.api.Named
 import org.gradle.api.NamedDomainObjectContainer
 import org.gradle.api.Project
 import org.gradle.api.attributes.HasAttributes
-import org.gradle.api.component.ComponentWithCoordinates
+import org.gradle.api.component.SoftwareComponent
 import org.gradle.api.internal.component.UsageContext
 
-interface KotlinTargetComponent : ComponentWithCoordinates {
+interface KotlinTargetComponent : SoftwareComponent {
     val target: KotlinTarget
     val publishable: Boolean
 }
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinMultiplatformPlugin.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinMultiplatformPlugin.kt
index 704428ba331..d9a2d2ffa45 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinMultiplatformPlugin.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinMultiplatformPlugin.kt
@@ -106,15 +106,15 @@ class KotlinMultiplatformPlugin(
 
                 // Create separate publications for all publishable targets
                 kotlinSoftwareComponent.variants.filter { it.publishable }.forEach { variant ->
-                    val coordinates = variant.coordinates
+                    val coordinates = (variant as? KotlinVariantWithCoordinates)?.coordinates
                     val name = variant.target.disambiguateName("kotlin")
 
                     publishing.publications.create(name, MavenPublication::class.java) { publication ->
                         publication.from(variant)
                         (publication as MavenPublicationInternal).publishWithOriginalFileName()
-                        publication.artifactId = coordinates.name
-                        publication.groupId = coordinates.group
-                        publication.version = coordinates.version
+                        publication.artifactId = coordinates?.name ?: "${project.name}-${variant.target.name.toLowerCase()}"
+                        publication.groupId = coordinates?.group ?: project.group.toString()
+                        publication.version = coordinates?.version ?: project.version.toString()
                     }
                 }
             }
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinSoftwareComponent.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinSoftwareComponent.kt
index 156a371c1ef..8af00837f68 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinSoftwareComponent.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/KotlinSoftwareComponent.kt
@@ -10,8 +10,8 @@ import org.gradle.api.artifacts.*
 import org.gradle.api.attributes.AttributeContainer
 import org.gradle.api.attributes.Usage
 import org.gradle.api.capabilities.Capability
+import org.gradle.api.component.ComponentWithCoordinates
 import org.gradle.api.component.ComponentWithVariants
-import org.gradle.api.internal.artifacts.DefaultModuleVersionIdentifier
 import org.gradle.api.internal.component.SoftwareComponentInternal
 import org.gradle.api.internal.component.UsageContext
 import org.jetbrains.kotlin.gradle.plugin.KotlinTarget
@@ -37,17 +37,9 @@ class KotlinSoftwareComponent(
     }
 }
 
-class KotlinVariant(
-    private val project: Project,
+open class KotlinVariant(
     override val target: KotlinTarget
 ) : SoftwareComponentInternal, KotlinTargetComponent {
-
-    override fun getCoordinates() = DefaultModuleVersionIdentifier(
-        project.group.toString(),
-        "${project.name}-${target.name.toLowerCase()}",
-        project.version.toString()
-    )
-
     override fun getUsages(): Set<UsageContext> = target.createUsageContexts()
     override fun getName(): String = target.name
 
@@ -55,6 +47,28 @@ class KotlinVariant(
         get() = target.publishable
 }
 
+class KotlinVariantWithCoordinates(
+    target: KotlinTarget
+) : KotlinVariant(target),
+    ComponentWithCoordinates /* Gradle 4.7+ API, don't use with older versions */
+{
+    override fun getCoordinates() = object : ModuleVersionIdentifier {
+        private val project get() = target.project
+
+        private val moduleName: String get() = "${project.name}-${target.name.toLowerCase()}"
+        private val moduleGroup: String get() = project.group.toString()
+
+        override fun getGroup() = moduleGroup
+        override fun getName() = moduleName
+        override fun getVersion() = project.version.toString()
+
+        override fun getModule(): ModuleIdentifier = object : ModuleIdentifier {
+            override fun getGroup(): String = moduleGroup
+            override fun getName(): String = moduleName
+        }
+    }
+}
+
 // At the moment all KN artifacts have JAVA_API usage.
 // TODO: Replace it with a specific usage
 object NativeUsage {
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/kotlinTargets.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/kotlinTargets.kt
index 0518cb8b871..76e3ebadf3c 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/kotlinTargets.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/plugin/mpp/kotlinTargets.kt
@@ -12,6 +12,7 @@ import org.gradle.api.attributes.AttributeContainer
 import org.gradle.api.internal.component.UsageContext
 import org.gradle.api.plugins.JavaPlugin
 import org.jetbrains.kotlin.gradle.plugin.*
+import org.jetbrains.kotlin.gradle.utils.isGradleVersionAtLeast
 import org.jetbrains.kotlin.gradle.utils.lowerCamelCaseName
 import org.jetbrains.kotlin.konan.target.KonanTarget
 
@@ -39,7 +40,12 @@ abstract class AbstractKotlinTarget (
     override val publishable: Boolean
         get() = true
 
-    override val component: KotlinTargetComponent = KotlinVariant(project, this)
+    override val component: KotlinTargetComponent by lazy {
+        if (isGradleVersionAtLeast(4, 7))
+            KotlinVariantWithCoordinates(this)
+        else
+            KotlinVariant(this)
+    }
 
     override fun createUsageContexts(): Set<UsageContext> =
         setOf(