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Schoenherr has advised Enery Element on the sale of its 50% stake in Dunav Solar Plant, the developer of the Gabare photovoltaic project in northwest Bulgaria, to OMV Petrom, as part of a 50-50 joint venture between the two companies. Simultaneously, Enery Element transferred the remaining 50% of its shares to Enery Power Holding.

Wardynski & Partners has advised a syndicate of financial institutions including BNP Paribas Faktoring, Credit Agricole Bank Polska, ING Bank Slaski, mBank, Bank Millennium, Pekao Faktoring, PKO Bank Polski, and Santander Bank Polska on the successful restructuring of Neonet. Zimmerman Sierakowski Frosztega and Dentons advised Neonet.

Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, has advised joint bookrunners Citigroup and J.P. Morgan on the EUR 800 million Eurobond issuance by Bulgarian Energy Holding. Spasov & Bratanov, working with Allen Overy Shearman Sterling, advised Bulgarian Energy Holding.