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CMS Sofia Advises Global Biomet on Acquisition of Solar Power Plant from Novasolar

CMS Sofia Advises Global Biomet on Acquisition of Solar Power Plant from Novasolar

Bulgaria
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CMS Sofia has advised Global Biomet on the acquisition of the Resen photovoltaic project, with installed capacity of 5 MW, from Austria's Novasolar GmbH. The deal, which is valued at almost EUR 10 million, closed on September 16, 2019.

UniCredit Bulbank and the Bulgarian-American Credit Bank provided financing on the deal.

CMS's team was led by Managing Partner Kostadin Sirleshtov and included Associates Elena Yotova-Yordanova, Raya Maneva, Borislava Piperkova, and Dimitar Dimitrov, and student Tsocho Boshnakov.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 14 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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