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Dentons and Boyanov & Co Advise on Project Financing for Maglizh Solar Plant in Bulgaria

Dentons and Boyanov & Co Advise on Project Financing for Maglizh Solar Plant in Bulgaria

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Dentons and Boyanov & Co have advised UniCredit Bulbank, Raiffeisen Bank International, the United Bulgarian Bank, and Eurobank Bulgaria on the financing for the construction and operation of a 160-megawatt solar plant in Maglizh, in the Stara Zagora region of Bulgaria. Stoeva Tchompalov & Znepolski reportedly advised the borrowers.

According to Dentons, "the Belozem Solar Park 2, which will have an expected generation capacity of 160 megawatts, is being developed under a special program to preserve and protect the region’s natural biodiversity. The project is sponsored by Eurohold, the largest public company in Bulgaria, and by 360 Energy, which has been successfully developing and managing renewable projects in Bulgaria for the past 12 years."

The Dentons team included Partner Mark Segall, Counsels Patrycja Polasz and Pawel Dlugoborski, and Associate Paulina Surma.

The Boyanov & Co team included Partners Alexander Chatalbashev, Damian Simeonov, and Nickolay Nickolov and Principal Associate Ralitsa Nedkova.

Boyanov & Co. at a Glance

BOYANOV & Co. is renowned for its exceptional services and extensive experience in a wide array of industries. As a co-founder and initiator of the SEE Legal Group, the firm has significantly influenced the legal landscape in the region.
Established in 1990, BOYANOV & Co. has been instrumental in advising on numerous landmark transactions in Bulgaria, earning an unrivalled reputation both locally and internationally as the go-to law firm for multinational businesses.
The firm's market leadership is underpinned by the superior quality of its services, which are informed by years of experience in international transactions, a deep understanding of local, European, and international law, and the exceptional expertise of its professionals. The diverse industry experience provides the firm with unique insights and a comprehensive understanding of its clients' businesses and their respective markets, enabling it to transfer successful solutions across borders.
BOYANOV & Co. offers a broad spectrum of integrated services, with notable expertise in Mergers and Acquisitions (M&A), Restructuring, Banking & Finance, Energy & Natural Resources, Technology, Media, and Telecommunications (TMT), Intellectual Property, Competition, Real Estate and Infrastructure, Employment, and Dispute Resolution.

Firm website.

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