CEZ , the Czech energy utility company, is to sell its remaining Czech interests to local company Inercom . In a deal estimated to be worth around $370m , CEZ Elektro Bulgaria will transfer ownership of seven businesses including CEZ Elektro Bulgaria , Inercom Bulgaria, Free Energy Project Oreshetz and Bara Group. Image: It has also sold its first renewable investment in the country, the Oreshetz solar power plant in western Bulgaria . The deal is expected to be finalised shortly, with a statement from CEZ saying the offer from Inercom was above market value for the assets.
CEZ , the Czech energy utility company, is to sell its remaining Czech interests to local company Inercom . In a deal estimated to be worth around $370m , CEZ Elektro Bulgaria will transfer ownership of seven businesses including CEZ Elektro Bulgaria , Inercom Bulgaria, Free Energy Project Oreshetz and Bara Group. It has also sold its first renewable investment in the country, the Oreshetz solar power plant in western Bulgaria . The deal is expected to be finalised shortly, with a statement from CEZ saying the offer from Inercom was above market value for the assets.