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Iliya Grozdanov

Work +35 92 943 4350
Dinova Rusev & Partners

Work Department

Energy and Environmental law


Partner leading the energy and environmental groups of the Firm. Iliya is one of the top energy experts in Bulgaria with close specialization in electricity issues. He has extensive experience advising on transactions in both renewable and conventional energy, with particular focus on wind power projects and grid balancing issues. Iliya is actively participating in the discussions on the energy reform in Bulgaria since 2012 and continues to contribute to promotion of security for international investors. Iliya is an expert in energy litigation on both commercial and administrative issues and particularly protection of foreign investments in Bulgaria with focus on ECT and ICSID claims, national and ICC disputes in the energy sector. He also has years of experience in electricity supply and trading focusing on complex technical issues. Along with the energy team of DRP, Iliya has created and successfully implemented innovative supply structures in shopping malls and office buildings, that have been adopted as market standard in Bulgaria. He is a recognized expert on grid balancing issues and particularly integration of renewable energy producers in the balancing market. Along with complex technical issues, Iliya is also an expert in all energy-related transactions including acquisitions, PPA, grid contracts, M&A transactions in the energy sector, project financing and construction of energy projects etc. His environmental experience includes compliance and implementation of environmental clearance for energy and mining projects, defense of clients in environmental disputes in both mining and energy issues including cross-border effect of investments in Bulgaria.


Prior to joining Dinova, Rusev & Partners, Iliya completed a clerkship at the Administrative Division of Sofia City Court and worked as a freelance legal counsel. He currently teaches the law paper for the ACCA exams and Corporate Finance with BPP Professional education in SEE.


English and Russian.


Pazardzik Bar Association (admitted 2008).


Magister Juris, University of Oxford (2007); Legal drafting, UCSD San Diego (2005); Juris Doctor, Sofia University St.Kliment Ohridski (2003).


Commercial, corporate and M&A

Within: Commercial, corporate and M&A

Dinova Rusev & Partners¬†recently advised on deals in the food and beverage, mining, logistics and consumer goods sectors, among others. Major clients include Sephora, Marks & Spencer, McDonald's and 3M. Team head¬†Anelia Dinova, who focuses on foreign investments, and Iliya Grozdanov, who has experience in structuring, drafting and negotiating various types of commercial agreements, are noted. Georgi Vladov¬†advised an international private equity fund on the sale of one of the largest shopping centres in Sofia for ‚ā¨156m.

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Dispute resolution

Within: Dispute resolution

Dinova Rusev & Partners specialises in energy and environmental disputes. In a recent highlight, Iliya Grozdanov acted on behalf of a major international corporation in the renewable energy sector in an investor-state dispute over a breach of the fair and equitable treatment clause of the Energy Charter Treaty. Konstantin Stambolov heads the team.

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EU and competition

Within: EU and competition

Dinova Rusev & Partners¬†has a ‚Äėpersonal approach‚Äô towards its clients and shows ‚Äėthe utmost level of care, understanding and diligence‚Äô when advising on¬†abuse of dominant position, unfair competition and misleading advertising matters. Department head¬†Milen Rusev¬†advises on complex M&A deals from a competition perspective, and¬†Iliya Grozdanov¬†is ‚Äėvery responsive and dedicated‚Äô. The team acted for Eko Bulgaria in proceedings before the Bulgarian competition authority regarding a possible cartel in the motor fuel retail sector, where the client faced a fine of ‚ā¨30m. Sofia South Ring Mall and Sephora are also major clients.

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Energy and natural resources

Within: Energy and natural resources

Dinova Rusev & Partners's team is led by¬†Iliya Grozdanov, who¬†advises on renewable and conventional energy matters; he recently defended Kaliakra Wind Power against a ‚ā¨3m claim by the National Electricity Company relating to the payment of balancing charges, which set a precedent in Bulgarian case law. Litigator¬†Konstantin Stambolov¬†and recently promoted senior associate¬†Radoslav Zahariev,¬†who¬†specialises¬†in electricity issues, are also key contacts. Other major clients include Mitsubishi Heavy Industries and Bulgarian Energy Holding.

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Projects and PPP

Within: Projects and PPP

Dinova Rusev & Partners' experience encompasses greenfield development projects, financing issues and PPP matters with notable expertise in the energy and mining sectors. Recent highlights include advising Bulgarian Energy Holding on the financing of the South Stream pipeline project, and assisting Imerys Minerals Bulgaria with issues relating to its mining projects in Bulgaria. Anelia Dinova leads the department, which also includes regulatory expert Milen Rusev, real estate project specialist Georgi Vladov, and Iliya Grozdanov, who focuses on the energy sector.

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