The privatisation of state energy monopolies and the introduction of new regulatory regimes in Bulgaria’s oil, gas, electric power, mining and water sectors have been the driving forces behind some of the largest capital flows into Bulgaria in the last several years. Our attorneys have been actively involved in the development of the new energy markets that have resulted from these crucial changes.

Energy & Natural Resources is a focus area for Borissov and Partners. Our assistance extends to all aspects of our clients’ activities, including the obtainment of governmental licenses and concessions, the drafting and negotiating of agreements, review of compliance obligations that derive from environmental, labor, construction, land, foreign exchange and other laws. We have extensive experience in structuring and negotiating M&A and financing transactions related to the energy industry, including the acquisition of oil, gas and electricity assets, project finance and structured finance.

We advise on a wide range of issues including:

  • mergers and acquisitions
  • regulatory matters
  • licensing
  • competition law
  • project and corporate finance
  • securitisation
  • power generation, distribution, marketing and transmission activities
  • preparation of power purchase agreements, take-or-pay and turnkey contracts, transmission systems use agreements
  • connection arrangements
  • construction
  • land issues
  • infrastructure sharing
  • litigation