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Portrait of Paola Zgurova
Associate

Paola Zgurova

Languages
  • Bulgarian
  • English
  • German
Social media

Paola advises banks, financial institutions, investors and corporate clients on a broad range of domestic and cross-border financing transactions, including acquisition finance, real estate finance, project finance and debt capital markets transactions. Her experience also includes drafting and negotiating finance documentation, conducting legal due diligence and advising on financial regulatory matters.

Relevant experience

  • Advising on the Bulgarian law aspects of the subscription of EUR 1.5 billion notes, including the offering memorandum, subscription agreement and related security documentation, as well as on a broad range of domestic and cross-border financing transactions and financial regulatory matters.
  • Advising on the acquisition of a Bulgarian bank, including obtaining regulatory clearance before the Bulgarian National Bank and coordinating regulatory filings in a complex cross-border transaction, as well as on corporate and M&A transactions, legal due diligence and corporate restructurings.

Education

  • 2019-2023 – Bachelor of Laws with European Legal Studies (LLB) at King’s College London, London, United Kingdom and the University of Zurich
  • 2024 – Master of Law (LLM) at Sofia University St. Kliment Ohridski

Paola has particular experience advising on renewable energy and battery energy storage system (BESS) projects. She has advised on the financing of several utility-scale BESS projects, including a 600 MWh stand-alone BESS project, a 110 MWh BESS portfolio and a 300 MWh BESS extension to a photovoltaic power plant. Her work has included legal due diligence, transaction structuring, drafting and negotiation of finance documentation, and regulatory and permitting analysis.

Relevant experience

  • Advising on the financing of several utility-scale battery energy storage system (BESS) projects, including a 600 MWh stand-alone BESS project, a 110 MWh BESS portfolio and a 300 MWh BESS extension to a photovoltaic power plant, involving legal due diligence, transaction structuring, drafting and negotiation of finance documentation, and regulatory analysis.

Education

  • 2019-2023 – Bachelor of Laws with European Legal Studies (LLB) at King’s College London, London, United Kingdom and the University of Zurich
  • 2024 – Master of Law (LLM) at Sofia University St. Kliment Ohridski

Paola advises domestic and international clients on corporate and M&A transactions, including legal due diligence, corporate restructurings and general corporate advisory matters. Her experience also includes advising on the regulatory aspects of cross-border acquisitions, coordinating regulatory filings and obtaining regulatory approvals in complex transactions.

Education

  • 2019-2023 – Bachelor of Laws with European Legal Studies (LLB) at King’s College London, London, United Kingdom and the University of Zurich
  • 2024 – Master of Law (LLM) at Sofia University St. Kliment Ohridski

Insights by Paola

CMS Sofia Advises J.P. Morgan and GLAS on EUR 170 Million Financing for Eurohold Bulgaria

CMS Sofia Advises J.P. Morgan and GLAS on EUR 170 Million Financing for Eurohold Bulgaria

15 Jul 2026 2 min read
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