Spasov and Bratanov advised AES Geo Energy OOD on a EUR 30 million financing arranged by DSK Bank AD and OTP Bank Plc. AES Geo Energy OOD has developed the 156 MW Saint Nikola Wind Farm near the town of Kavarna, which is the largest wind farm in Bulgaria. The transaction involved obtaining additional financing for the wind farm with complex security structure and intercreditor arrangements with existing lenders. Our team was led by partner Vassil Hadjov and included counsel Nadia Hadjova and associate Krasimir Mitkov.
Date: December 2023
Source: Spasov & Bratanov Lawyers’ Partnership