Practice

Energy Law

The Power of Simplicity

The energy sector in Bulgaria is shaped by commercial, technical, geographical, and geopolitical factors that influence the complex regulatory environment and composition of the energy market. This, combined with the growing demand for energy security and price stability, as well as the incentives for production of green energy, has led to new opportunities and innovations in this traditional sector.

Key contacts

  • Assistance to investors in the development, construction, connection to the grid and operation of energy facilities
  • Licensing of traders with electricity and electricity producers (including from renewable energy sources)
  • Advice on regulatory obligations of the different types of market participants under the energy legislation
  • Assistance to market participants with regard to trade on the Independent Bulgarian Energy Exchange (IBEX)
  • Drafting and negotiation of power purchase agreements and all types of contracts between market participants
  • Legal advice in connection with trading in electricity and energy derivatives
  • Representation in energy disputes, including commercial arbitration and regulatory litigation
  • Legal advice on all aspect of trading in natural gas and petroleum products
''Exceptionally high level of professional support. Very comprehensive knowledge in the field of energy, as well as all related areas.'' – Legal 500

Specialising in Your Niche

DPC’s team of energy law experts advise investors and industry participants on regulatory frameworks affecting the sector. We work with developers, grid operators, utility providers, financial institutions, and government bodies on abroad scope of matters ranging from planning and financing to construction, development and market exits. We also have niche expertise advising on practical matters related to zoning, construction, environment, and grid connection.

Work highlights:
  • Alpiq AG - full-range corporate services, regulatory and licensing issues, contractual relations, specific issues related to power purchase agreements, transactions with energy derivatives, participation on the balancing market, dawn-raid trainings, participation on the Independent Bulgarian Energy Exchange, representation in court proceedings.
  • ALRO SA (part of Vimetco NV group) - our Energy team successfully completed the procedure for obtaining a license for electricity trading on the Bulgarian energy market.
  • Worley – we provide regular advice to the leading global provider of professional project and asset services in the energy, chemicals, and resources sector on corporate and compliance issues, including export control regulations.
The ''loyal, efficient and highly motivated ''team at DPC is noted for its ''customer-oriented and pragmatic approach and excellent knowledge'', as well as for providing ''thorough advice'' – Legal 500

Smart Solutions for Challenging Projects

Our practice focuses on all areas of energy law. We have extensive experience advising on projects regarding electricity, oil and gas, solar, wind and hydro power. We provide legal assistance in acquisition of energy facilities, including in the negotiation process, performance of comprehensive legal due diligence reports and preparation of transaction documentation. Our team has significant experience in complex energy disputes.

Work highlights:
  • Advised hydroelectric power plant with regard to numerous regulatory matters in the renewable energy sector, including the registration of the power plant on the free energy market
  • Advising one of the leading international groups of energy companies on a number of complex legal cases in the energy sector, including cross-border conduct of public procurement award, appeal of decisions of the local energy regulator, preliminary ruling proceedings before the Court of Justice of the European Union, disputes on financial transactions
  • Exclusive legal consultant of P2 Solar Inc. in its project for acquisition of the entire share capital of a Bulgarian SPV, holding the rights over 14.35 MW solar project in the North-East part of Bulgaria.

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