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CMS Advises Solarian Holdings on Acquisition of PPV Plant from Julian Torchanov and Mat Ltd.

CMS Advises Solarian Holdings on Acquisition of PPV Plant from Julian Torchanov and Mat Ltd.

Bulgaria
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CMS has advised Korea's Solarian Holdings Ltd. on the acquisition of a 2.25 Megawatt photovoltaic power plant in Bulgaria from Julian Torchanov and Mat Ltd.

The project was financed by Unicredit Bulbank, and financial terms were not disclosed.

The deal marks the second acquisition of a PV power plant by Solarian Holdings in Bulgaria in the last few months, following its acquisition of a 5 MW photovoltaic power plant from FEC Perun in May (as reported by CEE Legal Matters on May 28, 2020).

CMS’s team consisted of Partner Kostadin Sirleshtov and Associate Borislava Pokrass.

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