CMS has advised Istanbul-based engineering and construction company Enka on the licensing of its 40-megawatt Town Up 8 photovoltaic project before the Bulgarian Energy and Water Regulatory Commission.
According to CMS, Town Up 8 Ltd. is a subsidiary of Enka, a sustainable infrastructure investor, the largest construction company in Turkiye, and ranked among the ENR’s Top International Contractors since 1981.
Back in 2023, CMS advised Enka on its initial EUR 8.4 million acquisition of the Town Up 8 company and its 40-megawatt photovoltaic project (as reported by CEE Legal Matters on October 3, 2023).
The CMS team included Sofia Managing Partner Kostadin Sirleshtov, Counsel Borislava Piperkova, Senior Associate Elena Yotova-Yordanova, and Trainee Lyubomira Tanchovska.
This deal was originally published on CEE Legal Matters in February 2024, and has been reproduced with their permission.
