The government of Bulgaria has requested a controlling stake in the assets to be sold, given the doubt across the political and public sphere of Inercom's ability to handle them

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The government of Bulgaria has requested a controlling stake in the assets to be sold, given the doubt across the political and public sphere of Inercom's ability to handle them. CEZ has announced that it has agreed with Inercom to study the possibility of the Bulgarian state taking a stake in the assets
List of the country updates

Country updates

  • March 05, 2018

    Ørsted has started the optimization project for the plant

    Ørsted has started the optimization project for the plant. This involves the installation of a flue gas condensation facility in order to exploit the residual heat in the flue and thus make the plant ...

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  • March 01, 2018

    Black Toro Capital has launched the stakes acquisition agreement with Ebioss Energy

    Black Toro Capital has launched the stakes acquisition agreement with Ebioss Energy. The two companies are expected to confirm the deal within 90 days

  • February 26, 2018

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

    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

  • February 26, 2018

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

    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

  • 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

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