CEZ Bulgarian Assets Attract New Candidate Buyer
Thursday, 21 March 2019
Czech energy group CEZ told SeeNews on Wednesday that it has a new prospective buyer for its assets in Bulgaria, which had not submitted a binding bid in the initial call for offers in 2017.
CEZ will determine its future course of action regarding the sale of its assets in Bulgaria in April, CEZ press officer Alice Horakova said in an e-mailed statement in response to a SeeNews enquiry.
The assets of CEZ in Bulgaria comprise power utility CEZ Distribution Bulgaria, power supplier CEZ Electro Bulgaria , licensed electricity trader CEZ Trade Bulgaria, IT services company CEZ ICT Bulgaria, solar park Free Energy Project Oreshetz, biomass-fired power plant Bara Group and CEZ Bulgaria.
CEZ Group launched the procedure for selling its assets in Bulgaria in 2017 and said it received several binding offers.
CEZ Electro shares had not traded by that hour.