CMS has advised Solar Park Trakiya on a EUR 32 million financing from EuroBank Bulgaria for the 57.6-megawatt-peal Sinitovo photovoltaic project.
According to CMS, the project was structured on July 16, 2024, and licensed by the Bulgarian Energy and Water Regulatory Commission on November 7, 2024.
Additionally, a EUR 4.5 million grant – awarded by the Bulgarian Ministry of Energy under the Recovery and Resilience Plan – supports the installation of a battery electric storage system. Construction of the Solar Park Trakiya project is underway and set for completion in 2025.
The CMS team included Managing Partner Kostadin Sirleshtov, Counsel Borislava Piperkova, Senior Associates Diyan Georgiev and Elena Yotova-Yordanova, Associates Dian Boev and Viktoriya Toneva, and Trainees Boris Kirov and Niya Ivanova.
