CMS Sofia Advises Global Biomet on Acquisition of Solar Power Plant from Novasolar

CMS Sofia has advised Global Biomet on the acquisition of the Resen photovoltaic project, with installed capacity of 5 MW, from Austria’s Novasolar GmbH. The deal, which is valued at almost EUR 10 million, closed on September 16, 2019.

UniCredit Bulbank and the Bulgarian-American Credit Bank provided financing on the deal.

CMS’s team was led by Managing Partner Kostadin Sirleshtov and included Associates Elena Yotova-Yordanova, Raya Maneva, Borislava Piperkova, and Dimitar Dimitrov, and student Tsocho Boshnakov.

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