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CMS Advises Green Energy Market on 10-Year License for Electricity Trading and Balancing Services

Bulgaria
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CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.

Green Energy Market operates in the electricity trading and balancing market.

According to CMS, the EWRC granted the license after confirming that Green Energy Market possesses all the necessary human, technical, financial, and material resources to operate effectively, as evidenced by the Bulgarian TSO’s confirmation of its communication and data transfer capabilities, and its plan to employ at least six dedicated employees.

The CMS team included Managing Partner Kostadin Sirleshtov, Counsel Borislava Piperkova, Senior Associate Elena Yotova-Yordanova, and Associate Viktoriya Dimitrova-Toneva.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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