PPC to approve 200 million euros loan with 5.8 % interest rate – Greece, 30 March 2017

It is expected that Greek Public Power Corporation (PPC) will approve a 200 million euros worth loan offered by the country’s four largest banks at an interest rate of 5.8 %. This loan is intended to cover the payment of a 200 million euros bond set to mature in April. It was supposed to be […]

HEP and INA signed a deal for gas supply to households – Croatia, 30 March 2017

Croatian state-owned power utility HEP has concluded an agreement with oil company INA for the supply of natural gas to households, thus fulfilling its obligation as a supplier on the wholesale gas market. The statement from HEP said that the signing of this agreement is a responsible move on behalf on the company’s management board, […]

Electricity price for households will increase by 1 % as of 1 April – Bulgaria, 30 March 2017

It is expected that the Commission for Energy and Water Regulation (KEVR) will approve the increase of electricity price for households by 1 % on average (depending on electricity distributor) as of 1 April 2017. For customers supplied by CEZ Bulgaria, the price of electricity will be 0.96 % higher at day rate (0.0886 euros/kWh) […]