Tag: electricty

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 […]

IBEX to start trading through bilateral contracts by 1 October – Bulgaria, 19 August 2016

Chairman of Bulgarian Commission for Energy and Water Regulation (KEVR), Ivan Ivanov announced that the Independent Bulgarian Energy Exchange (IBEX) will start trading through bilateral contracts by 1 October. According to Ivanov, this move will increase trading volumes, reduce prices and allow many more electricity producers to join the trading at the energy exchange. Currently, […]