Tag: electricty

CEZ Bulgaria to borrow 30 million euros from parent company – Bulgaria, 05 December 2018

CEZ Distribution Bulgaria, a subsidiary of Czech energy company CEZ, said that it will borrow up to 30.67 million euros from its parent company in order to finance its operating needs and a part of its investment program for 2018 and 2019. The terms of the loan are not less favorable to CEZ Distr Full article […]

EBRD considers 7 million euros loan to ELEM for solar power plant construction – Macedonia, 12 September 2018

The European Bank for Reconstruction and Development (EBRD) said that it is considering to provide loans up to 7 million euros to Macedonian state-owned power utility ELEM for the purpose of the construction of 10 MW solar power plant. The statement from the Bank said that this project will reduc Full article available for subscribers […]

Fondul Proprietatea asks Nuclearelectrica to pay out higher dividends – Romania, 13 April 2017

Romanian investment fund Fondul Proprietatea, which is the minority shareholder in electricity producer Nuclearelectrica, wants the company to distribute dividends worth some 23.7 million euros, representing 99 % of the last year’s profit. The fund has also asked Nuclearelectrica to distribute special dividends worth additional 100 million euros from the profit made in the previous […]