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Bulgaria faces EU state aid scrutiny over €61m award to renewable energy investor

( January 21, 2026, 10:45 GMT | Official Statement) -- MLex Summary: The European Commission has opened an in-depth state aid probe into a €61 million arbitration award ordering Bulgaria to compensate Maltese investor ACF Renewable Energy over changes to its renewables support scheme. ACF invested in Bulgaria under a 2011 renewables regime that was later amended, prompting the company to seek compensation for foregone support. The 2024 arbitral award is now under EU scrutiny, with the commission provisionally finding it may constitute unlawful state aid.The press release is attached....

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