NEK settled its debt to US owned TPPs – Bulgaria, 27 May 2016

Bulgarian state-owned National Electric Company (NEK) has repaid its obligations to two US-owned thermal power plants in the amount of 587 million euros. The majority of the sum was provided through a loan which Bulgarian Energy Holding (BEH) obtained from the consortium of international banks last month, while the remaining amount came from NEK’s own profit.
TPP Maritsa East 3 owned by ContourGlobal was paid 144 million euros, while 443 million euros was paid to TPP Maritsa East 1 owned by AES.

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