European Energy Exchange to Offer Bulgarian Power Futures as of June 3

European Energy Exchange to Offer Bulgarian Power Futures as of June 3

The Independent Bulgarian Energy Exchange (IBEX) said on Wednesday that the European Energy Exchange (EEX) will start offering Bulgarian power futures, starting from June 3.EEX will offer weekly, monthly, quarterly and annual Bulgarian power futures, IBEX said in a statement.The new product is a result of a cooperation agreement between EEX and IBEX, signed in December last year.IBEX, established in 2014, holds a 10-year license by the State Energy and Water Regulatory Commission for organizing a Power Exchange for electricity in Bulgaria. IBEX is a wholly-owned subsidiary of the Bulgarian Stock Exchange.

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