CMS has advised Nikan Agro on the licensing process before the Bulgarian Energy and Water Regulatory Commission for its 50-megawatt Blatska photovoltaic project.
Nikan Agro is controlled by Germany-based HP Holding. According to CMS, regulatory approval was finalized on April 16, 2025, with first‑stage commercial operation expected in April 2027, and full commissioning by April 2028 in Hadzhidimovo Municipality.
The CMS team included Managing Partner Kostadin Sirleshtov, Partner Borislava Piperkova, Senior Associates Elena Yotova‑Yordanova and Diyan Georgiev, Associate Viktoriya Toneva, and Trainees Boris Kirov and Niya Ivanova.