Gugushev & Partners Law Office advised Urbasolar SAS, a French company investing in photovoltaic power plants, on the acquisition of a Bulgarian company developing a solar energy project. The firm conducted legal and environmental due diligence, structured the transaction, negotiated the share purchase agreement, and prepared all closing documentation.

Following the acquisition, the firm provided ongoing legal support to the Bulgarian subsidiary for the day-to-day operation of the solar park. This included negotiating and executing the Feed-in-Premium Agreement with the Energy Safety Security Fund, managing the monthly procedures for premium payments, and assisting with the issuance of guarantees of origin by the Sustainable Energy Development Agency. The firm also represented the subsidiary before state authorities, supported energy trading activities and price negotiations with electricity traders, and monitored energy legislation amendments to assess their potential business impact.