11/24/15 08:34
(http://www.klassa.bg/)

BEH seeking loan up to EUR 650 mln.

The Bulgarian Energy Holding that unites mainly companies, producing and transporting electricity and also transferring, transiting and depositing natural gas has invited 25 internationally recognized institutions to grant it a loan of up to EUR 650 mln., Deputy Minister of Energy Zhecho Stankov voiced to the public. The money is necessary for the National Electricity Company with its capital owned by BEH to be able to pay the two so-called “American” TPPs from the Maritsa – Iztok complex. BEH has recently stopped the procedures announced for the seeking of a loan, as all the financial institutions demanded state guarantees. The holding announced that it would go to direct negotiations with banks.

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