Georgiev, Todorov & Co offers both advisory and litigation services across a broad range of energy mandates, among which are major infrastructure projects, obtaining licences for the production of electricity, regulatory advice, as well as representation before the administrative bodies. Disputes expert Ivan Todorov leads the practice alongside Nikolay Lazarov is described as ‘an excellent professional with sharp thinking and extensive knowledge in the field of energy and natural resources’.
Testimonials
Collated independently by Legal 500 research team.
‘Nikolay Lazarov stands out as a high-profile lawyer in the field of energy and natural resources. He is a smart and skilful professional who is also good litigator. Ivan Tserovski also stands out with his communication skills and attention to detail.’
‘Georgiev, Todorov & Co. has advised us on energy regulatory matters and has proven to stand out with its energy practice because of its experience, knowledge base and outstanding team of professionals, which is extremely well prepared to face any challenging matter.'
‘Nikolay Lazarov, stands out as excellent professional with sharp thinking and extensive knowledge in the field of energy and natural resources. Arno Mamasyan is also particularly strong in the field of energy. He has enormous experience and outstanding knowledge in the matter. He is a very skilful and dedicated lawyer.’
‘All of the individuals have been top-notch, consistently demonstrating strong expertise, responsiveness, and a commitment to delivering quality results that sets them apart from competitors.’
‘The law firm provides highly professional services from experienced lawyers having the expertise and motivation to meet the best criteria for quality of the work. Georgiev, Todorov & Co. delivers timely, exhaustive, and competent legal advice discussed from different perspectives and observing the highest standards in the perspective area. The law firm reacts very quickly both to client's requests and to legal changes. Persistence when defending us in court is very impressive.’
‘Arno Mamasyan stands out with enormous expertise in energy and natural resources. He can articulate clearly, concisely any effectively any complex legal jargon. Arno is always responsive and can step in a client’s shoes and understand its perspective. Tsvetelina Dimitrova is another highly skilled lawyer, who stands out with a high level of professionalism. She has excellent communication and decision-making skills.'
‘The firm has deep knowledge of Bulgaria's regulatory framework and energy sector. This knowledge enables them to help clients anticipate regulatory changes, which is crucial in the rapidly evolving energy sector. They can mitigate risks that arise from regulatory shifts and help clients stay compliant. The team assisted us with everything from project development to financing, contracts and compliance with environmental regulations.’
‘Dobrina Pavlova, a senior associate in the firm, has excellent communication skills and a detail-oriented nature that further enhances her capabilities in negotiations and client relations. Dobrina has specialised knowledge in energy law, advising on matters such as regulatory changes, licensing and project financing. Her understanding of this highly regulated sector makes her a trusted advisor for energy-related projects.’
Key clients
- Albena AD
- Balkan AD
- Belozem Solar Park 3 EOOD
- Dundee Precious Metals Chelopech
- Galabovo Solar BG EOOD
- Kaloyanovo Solar BG (former Galaxy Re)
- Grand Energy Distribution EOOD
- Karnobat Energy EOOD
- Hydroenergy Association
- Hydroenergy Construction EOOD; KK Hydro OOD
- Thermal Power Plant Bobov Dol
- Thermal Power Plant Maritsa 3 AD
- Thermal Power Plant Ruse AD
- Trakia MT Solar EOOD
- Union of the producers of Green Energy
- Asarel Medet JSC
- Park Ramanusha
- Toplivo Corporation AD
- Karlovo Solar BG
Work highlights
- Advised DUNDY PRECIOUS METALS KRUMOVGRAD EAD, including advice to Bolkan Mineral and Mining EAD, a subsidiary of DUNDY PRECIOUS METALS KRUMOVGRADEAD, on the preparation of the contract for the granting of a concession for the extraction of underground resources.
- Advised Stock Energy (licensed trader of electricity) in a dispute with the Energy and Water Regulatory Commission with regard to a decision issued by the regulator for determination of a minimum price at which the balancing deals should be concluded for the period 01.01.2024 – 30.04.2024.
- Advising Galabovo Solar BG, Kaloyanovo Solar BG (former Galaxy RE) and Karlovo Solar BG on the procedure for obtaining of licenses for the activity production of electricity for photovoltaic power plants with total capacity of above 400 MW.
Practice head
The lawyer(s) leading their teams.
Ivan Todorov, Nikolay Lazarov