Deals & Cases

BOYANOV & Co. represents the Bulgarian subsidiaries of EVN AG, Austria in complex arbitration cases with the National Electricity Company (NEK)


BOYANOV & Co. represents the Bulgarian subsidiaries of EVN AG, Austria in a number of complex and high profile arbitration cases with the state-owned National Electricity Company (NEK) and in administrative proceedings, including in judicial reviews of administrative acts issued by the local energy regulator – the Energy and Water Regulatory Commission (EWRC) related to the mechanism for compensation of regional electricity suppliers for the costs for mandatory purchase of renewable energy at above-market preferential rates. Currently there are more than a dozen separate proceedings – regulatory, competition, court and arbitration proceedings.

BOYANOV & Co.’s team on the deal was led by Mr. Alexander Chatalbashev, Partner and Head of Energy and Natural Recourses.