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4 Bidders for Bulgaria's Heating Utilities
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The Czech Republic's CEZ, Italy's Enel, Greece's Public Power Corporation, RAO "Unified Energy Systems" of Russia and the Greek Public Power Corporation submitted binding bids for acquiring 100% stake in three Bulgarian state-owned thermal power plants.
Austria's EVN, Germany's E.ON, Japan's Mitsui and France's Dalkia were also invited to submit final bids but dumped the deal in the final stage of their participation.
Three of the eleven major foreign energy companies, shortlisted in the tender for the coal-fired plants in Varna, Ruse, and Bobov Dol, quit the deal in the middle of April. The American company AES, Japanese J Power and UK International Power Group informed the Privatization Agency they do not plan to submit offers for the coal-fired plants in Varna, Ruse, and Bobov Dol.
The Italian company Enel was the only one to bid for all three pools.
Czech state-run utility company CEZ inked in the middle of November a deal to buy 67% in the most attractive Western Bulgaria power utility pool.
Russia's RAO company hitched the highest bid for acquiring the utility in the Black Sea city of Varna, a total of EUR 389,727 M. They are followed by CEZ ( EUR 192,044 M) and the Greek Public Power Corporation (EUR 131,632 M).
The Russian bidder submitted the highest price for Russe heating utility ( EUR 119,997 M), followed by CEZ (EUR 24,307 M) and Enel (EUR 4,813 M).
Earlier in the day over 1,000 coal miners from Western Bulgaria rallied in Sofia against the method of privatization of the Bobovdol Thermal Power Plant. |
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Bulgarian Properties |
Cheap Properties in Bulgaria >>
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Bulgarian Land Near the Black Sea coast - SLAND34 - only 12 Euros per sq. m.
Brief: Land for sale near Balchik
Area: 14000 sq.m.
Price: 168000 EUR
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More than a dream My Bulgarian Property RUS31
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 16300 EUR
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Big plot (23 000 sq.feet), Two Houses and a Big Barn - Bulgarian Property - RUS1268
Brief: Houses for sale near Veliko Tarnovo
Area: 2180 sq.m.
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Cheap and nice property near the Danube My Bulgarian Property RBP24
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 21400 EUR
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You land near the sea - Bulgarian Property - Regulated, READY to BUILD - RUS1541B
Brief: Land for sale near Balchik
Area: 1400 sq.m.
Price: 40600 EUR
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Buy a new-built house, get an amazing nature park My Bulgarian Property RBP20
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 70000 EUR
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Another rural pearl for sale - Bulgarian Property - RUS1248
Brief: Houses for sale near Ruse
Area: 100 sq.m.
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Get ready to fall in love - Bulgarian Property - RUS1259
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 63000 EUR
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When the mountain starts right from your window - Bulgarian Property - RUS1225
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7800 EUR
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The TRIUMPH of Bulgarian Black Sea Coast - 1 bedroom, 2 bedroom apartments and studios for sale near Sunny Beach
Brief: 2-bedroom apartments for sale in Sveti Vlas
Area: 60 sq.m.
Price: 1220 EUR
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Miracles happen - RUS1257
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 10600 EUR
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Be romantic RUS1295
Brief: 2-bedroom apartments for sale in Ruse
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Price: 61000 EUR
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Welcome to Veliko Tarnovo - VT1201
Brief: Houses for sale near Veliko Tarnovo
Area: 160 sq.m.
Price: 14300 EUR
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The perfect one - RUS1260
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 17900 EUR
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