CMS Sofia has successfully convinced Bulgaria's Supreme Administrative Court to repeal a regulatory decision by the Bulgarian Energy and Water Regulatory Commission in favor of biomass producer Eco Energy Management Ltd.
Following two years of litigation, the Supreme Administrative Court issued its final decision repealing the refusal of Energy and Water Regulatory Commission (EWRC) to review the application of the electricity producer for amendment of the Feed-In Tariff (FiT).
According to CMS, this is a landmark decision for the court, as in has previously held that the EWRC is not obliged to review applications of electricity companies. The EWRC is expected to undertake the necessary actions and review the application for price amendment.
The CMS team consisted of Partner Kostadin Sirleshtov and Senior Associate Maria Lazarova.