CMS Sofia leads on the financing of a significant renewable energy project
CMS Sofia acted as lead legal advisor to DSK Bank AD and OTP Bank Plc in connection with the financing of a major renewable energy project. The development near Dimitrovgrad combines a 65.15 MWDC photovoltaic plant with a 130 MWh battery energy storage system, reinforcing Bulgaria’s commitment to a sustainable energy future.
The EUR 54 million financing package marks a major milestone in advancing the country’s energy infrastructure and accelerating the transition to clean power.
Our team delivered end-to-end legal support, including:
- Comprehensive legal due diligence
- Structuring and negotiation of financing documentation
- Guidance through signing and financial close
- Drafting and review of key project agreements
This transaction highlights CMS Sofia’s market-leading expertise in renewable energy and project finance, ensuring complex deals are executed seamlessly.
The CMS Sofia team included Desislava Anastasova, Anna Philcheva, Dimitar Zwiatkow, Ivan Gergov.
