CMS and Ivanov & Co Advise on Astronergy Acquisition of Boychinovtsi Photovoltaic Project in Bulgaria

CMS and Ivanov & Co Advise on Astronergy Acquisition of Boychinovtsi Photovoltaic Project in Bulgaria

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CMS has advised Astronergy on the acquisition of the Boychinovtsi 60-megawatt photovoltaic project in Bulgaria. Ivanov & Co advised the sellers.

According to CMS, “this acquisition represents the first new purchase of a photovoltaic project by Astronergy Solar Bulgaria EOOD since its successful completion of ten operational photovoltaic projects in Bulgaria in the period 2011-2012.”

Recently, CMS has also advised Astronergy on its EUR 54 million PV portfolio refinancing (as reported by CEE Legal Matters on May 24, 2023).

The CMS team included Managing Partner Kostadin Sirleshtov, Senior Associate Borislava Piperkova, Associates Vaska Solakova, Elena Yotova-Yordanova, and Dian Boev, and Trainee Lyubomira Tanchovska.

The Ivanov & Co team was led by Lawyer Miroslav Ivanov.