Tag: Varna

CEZ sold TPP Varna to SIGDA – Bulgaria, 31 October 2017

Czech energy company CEZ announced that it has sold its Bulgarian coal-fired thermal power plant, which is currently out of operation, to local company SIGDA. The statement from CEZ said that SIGDA’s offer was evaluated as best of all received in the tender, while the final purchase price will be determined as of closing of […]

CEZ Supervisory Board approved the sale of TPP Varna – Bulgaria, 29 September 2017

The Supervisory Board of Czech energy company CEZ has issued a preliminary approval for the sale of thermal power plant Varna in Bulgaria for 50 million euros to an unnamed buyer. Chairman of CEZ’ Supervisory Board Vaclav Paces said that the original plan was to sell all Bulgarian assets together, but it was changed because […]

Energo-Pro raised its offer for the acquisition of CEZ’ Bulgarian assets – Bulgaria, 22 September 2017

According to Czech media, energy company Energo-Pro has raised its offer for the acquisition of the assets in Bulgaria of another Czech energy company CEZ to more than 300 million euros. Energo-Pro spokesperson Hana Hikelova said that the company has responded to teh request of CEZ to adjust its offer for the acquisition of CEZ’ […]