The Energy Minister of Bulgaria has resigned due to her links with Inercom

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The Energy Minister of Bulgaria has resigned due to her links with Inercom. The Prime Minister has stated publicly that the government did not influence the deal in any way, and that the country’s energy, financial and anti-trust regulators, as well as the intelligence services, would look closely into the deal, including the origin of the funds for the transaction
List of the country updates

Country updates

  • February 23, 2018

    CEZ has signed a deal to sell its Bulgarian asset to Inercom

    CEZ has signed a deal to sell its Bulgarian asset to Inercom. This has raised concerns among lawmakers across political parties in Bulgaria about the ability of the little-known company with allegedly little capital to take over CEZ's operations

  • February 23, 2018

    CEZ has signed a deal to sell its Bulgarian asset to Inercom

    CEZ has signed a deal to sell its Bulgarian asset to Inercom. This has raised concerns among lawmakers across political parties in Bulgaria about the ability of the little-known company with allegedly little capital to take over CEZ's operations

  • February 21, 2018

    Brazil's Securities and Exchange Commission (CVM) says that price per share should be adjusted to at least BRL 16.69 per share, compared to the agreed price of BRL 12.2 per share, to guarantee the non-controlling shareholders of the company

  • February 20, 2018

    Sembcorp Industries Ltd consolidates its thermal and renewable energy businesses in India under a single entity

  • February 19, 2018

    First foundation for the offshore wind farm has been installed

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