Euro Solar Parks to build solar plants in central Bulgaria.

By bne IntelliNews January 26, 2011
US-based solar power specialist Euro Solar Parks, Inc. has acquired two land plots of approximately 11,560m2 in Bulgaria for the development of small-sized solar power plants of up to 0.7MWp, the company said in a statement on its website. The land plots, which are located in the Karlovo municipality in central Bulgaria, were acquired through the acquisition of 100% in Bulgarian Consulting and Development Firm FOREIGN SUPPORT AND CONSULTING LLC (FSC), an advisory firm specializing in the support of foreign companies seeking assistance to enter the Bulgarian energy market. FSC will be renamed into EURO SOLAR PARKS BULGARIA, LLC, and will become the first local subsidiary of Euro Solar Parks that will be responsible for the further development of the operational business in Eastern Europe, the statement read. The construction of solar power plants on the two plots is expected to start by the end of 2011.

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