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CMS Advises on Astronergy’s Acquisition of Two Solar Projects in Bulgaria

CMS Advises on Astronergy’s Acquisition of Two Solar Projects in Bulgaria

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CMS has advised Astronergy on the acquisition of the Karlovo and Novi Pazar greenfield solar projects in Bulgaria, with a combined capacity of 120 megawatts. Schoenherr reportedly advised the sellers.

Astronergy is a producer of solar PV modules and transformers.

According to CMS, “the acquisition of the Karlovo and Novi Pazar projects marks another major milestone for Astronergy in Bulgaria, having 50 megawatts of operational PV plants under the feed-in tariff support scheme.”

The CMS team included Managing Partner Kostadin Sirleshtov, Counsels Borislava Piperkova and Veliko Savov, Senior Associates Alexander Rangelov and Vaska Solakova, Associate Diyan Georgiev, and Legal Trainees Lyubomira Tanchovska and Niya Ivanova.

Schoenherr at a Glance

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