Eurohold deal for CEZ Bulgarian assets

Eurohold to invest BGN 530m in CEZ BG if deal is approved

Eurohold (4EH BU) to invest BGN 530m in CEZ Bulgarian assets by 2023 in the case it acquires them, the Company announced during a press conference yesterday. The Group, via its subsidiary Eastern European Electric B.V. (EEE), will invest in quality improvement, introduction of smart technologies, cut-down on electricity leaks and connection of renewable energy sources to the grid.
CEZ

CEZ closer to the sale of its assets in Bulgaria

The Czech energy company CEZ has picked a Bulgarian-Indian consortium as a buyer of its assets in Bulgaria, according to media report. No official statement by the company yet apart from information it continues negotiations with several potential buyers. The amount of the deal quoted by local and Czech media is c.EUR 320m. The assets… Read more

Energo-Pro

Energo-Pro mulls EUR 350m loan guarantee for the CEZ bid

Bulgarian energy distribution company Energo-Pro mulls a EUR 350m loan guarantee for its majority owner who is bidding for CEZ’ Bulgarian assets, according to a filing by Energo-Pro Bulgaria. Ensuring the new bid for CEZ The latter is asking bondholders to approve a EUR 350m loan guarantee for its owner Energo-Pro a.s. who is also… Read more

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