German power utility RWE is still a favorite to become a strategic investor in Bulgaria’s planned 4-billion-euro nuclear power plant, sources close to the talks said yesterday.
Bulgaria has asked RWE and Belgian Electrabel, owned by France’s GDF Suez, to improve their offers for a 49 percent stake in the plant it is building to restore the country’s position as a leading electricity exporter in Southeast Europe.
State utility NEK, which will keep a majority stake in the 2,000-megawatt plant, has said it plans to pick a winner by the end of the month.
(ΚΑΤΗΙΜΕΡΙΝΙ, 09/08/2008)