SALE OF MARITZA IZTOK LAUNCHED

Business | May 31, 2001, Thursday // 00:00

Cabinet opened the procedure for signing of the contracts with the US companies American Electricity Systems (AES) and Entergy for new construction and rehabilitation of the coal mining and energy generating facilities Maritza Iztok (Maritza East) units one and three. Investments under the two contracts will amount to $1.400 Bln. The two contracts will be signed after a week of matching technicalities. The project itself was launched back in 1997.

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