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Schoenherr Advises MET Group on Suvorovo Wind Park Acquisition in Bulgaria

Schoenherr Advises MET Group on Suvorovo Wind Park Acquisition in Bulgaria

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Schoenherr has advised MET Group on the acquisition of a 60-megawatt operational wind park in Suvorovo, Western Bulgaria, from Grupo Enhol. 

Тhe transaction is expected to be closed by Q3 2021.

According to Schoenherr, the “Suvorovo Wind Park, representing 8.5 % of the total installed wind capacity in Bulgaria, consists of 30 units of Gamesa G90 wind turbines – 2-megawatt capacity each. The wind farm, operating since 2012, produces approximately 120 gigawatt-hours of electricity per year, supplying power equivalent to the consumption of around 38,000 households.”

MET Group is a Swiss-based European energy company with activities in the natural gas and power markets, focused on multi-commodity wholesale, trading and sales, energy infrastructure, and industrial assets.

Grupo Enhol is a Spanish family-owned company focusing on renewable energy.

Schoenherr’s team included Partners Alexandra Doytchinova and Stefana Tsekova, Attorneys Katerina Kaloyanova-Toshkova, Dimitar Vlaevsky, Elena Todorova, and Galina Petkova, and Associates Milena Gabrovska, Dimitar Kairakov, and Gergana Roussinova.

Schoenherr could not provide additional information on the deal.

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 15 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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