Schoenherr

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Schoenherr‘s interdisciplinary approach means the firm is well equipped to offer real estate, construction, banking and corporate advice when advising on energy matters. The team advises on the development and implementation of renewable energy projects, PPPs related to energy infrastructure, as well as M&A and regulatory matters for domestic and international stakeholders, companies and governmental bodies. Stefana Tsekova leads the practice and covers the full spectrum of energy related advice, providing expertise on some of the most significant energy projects in Bulgaria. Dimitar Kairakov joined Tsekova as co-practice head in early 2023 bringing considerable expertise in electricity and natural gas trading projects. Marin Demirev also joined the team in early 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Quick, efficient and transparent.’

  • ‘Dimitar Kairakov: Handles any challenge, everyday or emergency, with skill and dedication.’

  • ‘Schoenherr Bulgaria has a strong record in the energy sector. They are very responsive, and it is extremely easy to work with them. The team is aware of all the issues in the energy market in Bulgaria and is able to get to the essence of a matter in a short time.’

  • ‘Dimitar Kairakov understood the assignment very well and provided advice on complicated legal matters in a way that is easy to understand by the commercial team. He delivered high-level strategic advice in a simple and efficient manner which is often difficult to find on the legal market.’

Key clients

  • EBRD, Beneficiary: Ministry of energy
  • Petrom
  • RGREEN Invest SAS
  • Photon Energy
  • BHP
  • Oiltanking GmbH
  • Adarna OOD
  • Liechtenstein Group
  • Enery
  • European Commission
  • MET Group
  • OMV Bulgaria
  • Edison Italy
  • Woodside Energy
  • UniCredit Bulbank AD
  • Société Générale Expressbank
  • RWE
  • Raiffeisen Bank International AG
  • Danske Commodities

Work highlights

  • Assists EBRD and the Ministry of Energy on the implementation of Investment 6 (1.4 GW RES and Batteries Project) and Investment 8 (6 GW storage - RESTORE Project) under the Recovery and Resilience Plan with total value of over 1 billion EUR, as well as on improvement of the legal framework to facilitate the RES and storage growth in the country.
  • Advised RGreen Invest, on a partnership with RENALFA Solarpro Group to accelerate the deployment of renewable energy across Eastern Europe. Our team advised the investors on their EUR 140m equity investment in a joint venture in the legal form of an Austrian limited liability company (GmbH).
  • Advised Edison on the Bulgarian corporate and regulatory law aspects of the implementation of the gas interconnector between Bulgaria and Greece.

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Dimitar Kairakov
Attorney at law
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Stefana Tsekova
Partner

Practice head

The lawyer(s) leading their teams.

Dimitar Kairakov, Stefana Tsekova

Other key lawyers

Marin Demirev, Alexandra Doytchinova, Katerina Kaloyanova-Toshkova