A unit of Chinese oil and gas company United Energy Group (<a href="https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=467&sc_lang=en" target="_blank">HKG:0467</a>), or UEG, has agreed to acquire Bulgaria’s Green Profit and thus take hold of the construction rights for a 250-MW solar project in the Balkan country.