Kambourov & Partners

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Kambourov & Partners offers both advisory and litigation services across a broad range of energy mandates, among which are entry into the Bulgarian market, energy related transactions, renewable energy projects and the related regulations. A notable client of the firm is Alpiq who mandated the firm to advise on the sale of its Bulgarian assets to an Austrian-based buyer. Practice head Stefan Tzakov is highly regarded in this space and has extensive experience in energy related disputes, frequently appearing before Bulgarian courts, commissions and ministries, and is supported by ‘standout’ deputy head Irena Petkova.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Kambourov & Partners is a highly specialized and a recommended energy regulatory and energy trading law firm in the CEE region with professional, experienced and exceptionally service-oriented professionals.’

  • ‘Fast and precise work, experience in dealing with authorities, service minded.

  • 'Stand out team members: Irena Petkova and Stefan Tzakov.’

Key clients

  • CNNP Rich Energy Co. (CNNCHN)
  • Mitsui Bussan Commodities SA
  • PGNiG Supply & Trading GmbH
  • RGREEN INVEST
  • European Energy A/S
  • Gray Stone OOD
  • Respect Energy, S.A.
  • Shanghai Electric Power
  • Mercuria Group
  • Holding Slovenske elektrarne d.o.o.
  • State Oil Company of the Azerbaijan Republic (SOCAR)
  • Trafigura
  • Alpiq Energy SE & Alpiq Energia Bulgaria EOOD
  • Alpiq AG
  • Danske Commodities
  • Toplofikacia Ruse
  • Correggio Consulting
  • United Group
  • ČEZ, a.s.
  • RWE Supply & Trading
  • Citygas Bulgaria
  • European Federation of Energy Traders (EFET)
  • GEN-I d.o.o.

Work highlights

  • Retained by long-standing client Alpiq to advise and assist on the sale of its Bulgarian assets. The transaction covered three separate entities owned by Alpiq in Bulgaria: (i) the entity behind one of the largest wind farms in Bulgaria (72.5 MW Vetrocom wind power plant near Kazanlak); (ii) operation and maintenance services provider Alpiq Wind Services; and (iii) electricity trader Alpiq Energy Bulgaria. Prepared a vendor due diligence report and advised on all aspects of the sale and the transaction documents, including corporate, real estate, regulatory and licensing regimes, etc.
  • Advised SOCAR (the State Oil Company of Azerbaijan) on the obtaining of a gas trading licence.
  • Assists CNNCHN on a Bulgarian onshore wind power (54MW, in development phase) acquisition project.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Stefan Tzakov
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Irena Petkova

Practice head

The lawyer(s) leading their teams.

Stefan Tzakov

Other key lawyers

Irena Petkova, Kristian Ichev, Kiril Ivanov