Bulgarian Energy Holding EAD - Company Profile
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Business Description
Bulgarian Energy Holding EAD (BEH), an energy holding company, with operations in electricity generation, supply and transmission, natural gas transmission, supply and storage and coal mining.
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Business Segments
Overview
Assets include an open pit mine of lignite coal. It has a maximum extraction capacity of 35 million tonnes per annum. - Operates the largest lignite coal mine in Bulgaria under a 35-year concession. -Customers include four thermal power plants including TPP Maritsa East 2 in the Maritsa East complex The principal operating subsidiary is Mini Maritsa Iztok EAD.
Performance
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Overview
Assets include a diversified generation mix with hydro, nuclear and thermal energy capacities. BEH generates 58% of the total electricity in Bulgaria. - Operating subsidiaries include NPP Kozloduy, TPP Maritsa East 2, NEK and ESO. - Sells electricity on the regulated and free markets. - Primary customers include four medium and low voltage distribution companies. It directly also supplies electricity to 90 industrial customers. - ESO owns and operates Bulgaria's high-voltage electricity grid.
Performance
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Overview
Its operations include gas transmission and transit networks as well as gas storage facilities. Key operating subsidiaries are Bulgargaz EAD and Bulgartransgaz. - Major customers include end suppliers, district heating and industrial customers directly connected to the transmission network Bulgartransgaz. - Owns the only underground gas storage facility in Bulgaria, Chiren underground storage facility (UGS). It includes production wells, gas pipelines, compressor stations and other technological installations. It has a total installed capacity of 10 MW.
Performance
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Performance
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