Tag: financial

BICA seeks 430 million euros in compensations for high electricity prices – Bulgaria, 24 September 2021

This month, every company in Bulgaria, received increased electricity bills, which have doubled compared to the same period last year. The situation is similar across Europe, but compensation mechanisms are applied there. In Bulgaria, the caretaker Government continues to announce possible emerg Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

Greece could phase-out coal sooner than expected – Greece, 24 September 2021

Greece is making faster-than-expected progress on phasing out coal from electricity generation, as Greek Prime Minister Kyriakos Mitsotakis announced that it would be possible to do by 2025, as opposed to previously announced 2028 deadline. PM Mitsotakis called on European allies to step up effor Full article available for subscribers of Energy NEWS service (PDF […]

PPC plans 750 million euros share capital increase – Greece, 24 September 2021

Greek Public Power Corporation (PPC) is about to launch a share capital increase amounting to some 750 million euros. PPC intends to open a book of bids for setting the shares’ price level, and the move is aimed at financing the company’s updated investment plan until 2026, worth some 8.4 billion Full article available for […]