Tag: BEH

Ministry of Energy dismisses non-transparency claims – Bulgaria, 6 June 2016

Bulgarian Minister of Energy Temenuzhka Petkova dismissed the claims of alleged “backroom deals” in the recent process of obtaining bridge loan for the Bulgarian Energy Holding (BEH). Last week, opposition ABV party questioned the visit of the Ministry of Energy to Japan and the process of obtaining bridge loan for BEH, signed with a consortium […]

Moody’s upgraded BEH’s rating – Bulgaria, 1 June 2016

The credit rating agency Moody’s has upgraded the rating of state-owned Bulgarian Energy Holding (BEH) to a provisional Ba1 corporate family rating with a stable outlook. According to Moody’s, a corporate family rating (CFR) is an opinion of the BEH Group’s ability to honor its financial obligations and is assigned to the company as if […]

BEH and Gastrade established joint task force for the construction of floating LNG terminal – Greece, 31 May 2016

State-owned Bulgarian Energy Holding (BEH) and Greek gas company Gastrade have formed a joint task force with the aim to prepare a proposal for the construction of floating LNG terminal in Northern Greece. Currently, Greece has one LNG terminal near Athens, while Gastrade, which is a part of energy group Copelouzos, is planning to build […]