ABOUT US

Development, structuring, construction and operation of renewable energy projects in Central and Eastern Europe

VISION

We power up the transition to a low-carbon industry and economy dominated by low cost renewables.

MISSION

Our mission is to transform the way renewable power is generated and sourced. One project at a time – we make renewables grid intelligent.

FULL LIFE-CYCLE MODEL

Our business model covers all stages of the project life-cycle - development, financing, construction, PPA, commissioning and operations.

SERVICES

Full life-cycle model

DEVELOPMENT

  • Site sourcing & administrative process
  • Due diligence
  • Engineering
  • Environmental & social impact
  • Interconnection management

PPA & FINANCING

  • PPA origination and negotiation
  • Tender preparation and managemen
  • Equity financing alignment
  • Debt financing alignment

CONSTRUCTION

  • Strong engineering capabilities
  • Value engineered design
  • Procurement and CAPEX optimisation
  • Construction management and control
  • Commissioning

OPERATION

  • Operation & Maintenance
  • Asset management
  • Performance optimisation

MANAGEMENT TEAM

Who are we

Velislav Belnikolovski

Velislav Belnikolovski

Managing Partner

10+ years of experience in renewables – project development, acquisition, finance structuring and construction in solar energy across Europe and the Middle East. CEO of Verto Energy - a development company with 300MW+ of solar projects in various stages of development and delivery in the UK and Italy. European Business Developement Director for SunEdison, with 500MW+ of solar projects accross Europe and the Middle East. Extensive development, structuring and financing expertese Master of Business Administration from IESE Business School, Barcelona
Nikola Gazdov

Nikola Gazdov

Managing Partner

12+ years of experience in renewables – project development of solar and wind power plants, management of EPC activities, team building, investments, power markets, regulations, electric vehicle charging infrastructure. CEO of Renergy – an engineering company with 5GW+ designed RES projects worldwide. Former Business Developemnt Director for juwi Solar GmbH. Co-founder and Chariman of the Bulgairan Photovoltaic Association and a memeber of the Strategy Committee of SolarPower Europe since 2010. Extensive public affairs, development and engineering expertese. Masters degree from Ludwig-Maximilians Universität, München. Executive Education at Harvard Business School. Political Management at Bulgarian School of Politics.

CONTACT US

Headquarters

14 Tsar Osvoboditel Blvd., 1000 Sofia, Bulgaria

info@element-power.eu