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Bulgarian power plant sold to Slovenian company

Slovenian power company Holding Slovenske Electrarne (HSE) bought an energy plant in the north-eastern Bulgarian city of Rousse from the Bulgarian Privatisation Agency (PA).

In October 2006, the Slovenian company bid €85.1 million for the plant, a sum greater than what was offered by France’s Dalkia or German’s E.ON Energie, according to Thompson Financial, as reported on Forbes.com. In 2006, a power plant in Varna was sold to the Czech CEZ for €206 million.

Originally, another plant was put up for sale by Bulgaria’s PA in 2005 in the western town of Bobov Dol. However, protests by miners caused the cancellation of the deal. One-fifth of Bulgaria’s electricity is generated by the plants at Rousse, Varna and Bobov Dol. (sofiaecho)