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CMS Advises Solar Park Trakia on Licensing and Financing of Sinotovo PV Project

Bulgaria
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CMS has advised Solar Park Trakia on the licensing of the 50-megawatt Sinotovo photovoltaic project by the Bulgarian Energy and Water Regulatory Commission as well as on its financing from Postbank.

According to CMS, "as the construction of the project is well underway, it is expected that it will reach commercial operation date in early 2025."

Earlier this year, CMS advised Solar Partk Trakia on the development of the Sinotovo photovoltaic project (as reported by CEE Legal Matters on July 16, 2024).

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.