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CMS Successful for Alpha Solar Group and Alpha Solar Invest in Feed-in Tariff Dispute

CMS Successful for Alpha Solar Group and Alpha Solar Invest in Feed-in Tariff Dispute

Bulgaria
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CMS has successfully represented Slovakian renewable energy investors Alpha Solar Group and Alpha Solar Invest in a case against the Bulgarian state regarding the recovery of cut feed-in tariffs for operational photovoltaic plants in Bulgaria.

According to CMS, “the first instance litigation cases were won before the Sofia City Court in April 2023 and, in a rare move following the streamlined court practice, the Bulgarian Ministry of Finance decided to avoid any additional prolongation and damages for the Bulgarian state, and proceeded with the payment of the damages, interest, and legal fees in full.”

The CMS team included Managing Partner Kostadin Sirleshtov, Counsel Borislava Piperkova, and Senior Associate Elena Yotova-Yordanova.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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