Intersolar Varna AD (Bulgaria)

Intersolar Varna AD is a company located in Varna, Bulgaria. It was incorporated on an unspecified date. The company operates a photovoltaic power plant with a capacity of 4,990 kWp, built on an area of 133,278 square meters in the village of Ravna Gora, Avren municipality, Varna region. The company's main shareholder is Interservice Uzunovi AD, owning 99.77% of the shares. Intersolar Varna AD has several advantages, including long-term cooperation with leading solar panel manufacturers SHARP and partnership with SMA, a producer of inverters. The company also has good relationships with government and administrative authorities and collaborates with well-known European consultants and specialists in the field of renewable energy. The solar park was built using high-quality components and the latest technology, including SHARP NA12GJ photovoltaic panels, SMA inverters, TATA Steel construction, and HIS Solar cables. The company has all the necessary regulatory documents and plans to offer 75% of its 26,073,000 shares at a price of 1.5 BGN per share. Intersolar Varna AD aims to be dividend-oriented, with an average dividend size of 7.55% annually. The total projected dividend payment is expected to reach 73.9 million BGN by 2036, with a planned profit of 76.6 million BGN. These forecasts are based on a fixed purchase price of 0.69911 BGN per kW/h of electricity for a guaranteed period of 25 years, starting from March 23, 2011.