Hareon Solar Technology Co. Ltd.
Gugushev & Partners Law Office is acting as the legal adviser of one of the largest producers of silicon wafers in China, offering a fully integrated production chain of PV components, at local and international level. The client’s portfolio in Bulgaria consists of four photovoltaic power plants with a total installed capacity of 90 MW. Gugushev & Partners’ team assists the client on all legal matters related to the projects - due diligence reports on the projects including the development of environmental assessment and regulatory compliance, structuring of the deals and the financing of EUR 98 million provided by China Development Bank, constant support in the daily operation of the plants. Except for the work in Bulgaria, Gugushev & Partners also deals with international projects of Hareon Solar Technology Co. Ltd in Romania and Bosna and Herzegovina and supports the client in the cross-border company’s businesses in the field of renewable energy. The Law Office has also provided legal services concerning all insurance claims of the SPVs related to numerous insured events that happened since 2012 till now. We supported the client in all communication with the insurer, including drafting and submission of documents necessary for the registration of the respective insured event, meetings, and negotiations with the insurer about the particular case, gathering documents for indemnity payment, etc. Furthermore, Gugushev & Partners Law Office also provided procedural representation to the client in administrative cases related to the issuance, appeal, and implementation of administrative acts in the field of energy issued by the competent state authorities.