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CMS and Kambourov & Partners Advise on Greenvolt Next Holding's Acquisition of Greenvolt Next Bulgaria from Greystone Bulgaria

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CMS has advised Greenvolt Next Holding on its acquisition of Greenvolt Next Bulgaria JSCo from Greystone Bulgaria. Kambourov and Partners advised the seller.

According to CMS, the Greenvolt Next Bulgaria JSCo “will be focused on the delivery of the concept for energy communities, which is a new concept for Bulgaria. Its focus will be on the B2B customers and the combination of rooftop photovoltaic systems with charging stations.”

Earlier this year, CMS advised on Greenvolt’s acquisition of an 80-megawatt PV project from AES Global Power (as reported by CEE Legal Matters on April 16, 2024).

The CMS team included Managing Partner Kostadin Sirleshtov, Partner Atanas Bangachev, Counsel Borislava Piperkova, Senior Associate Diyan Georgiev, Associate Dian Boev, and Trainee Niya Ivanova.

The Kambourov & Partners team included Managing Partner Stefan Tzakov and Partner Irena Petkova.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.