The outcome of the privatization tender for Bulgarian power distributors should be announced on Monday, July 19; CEZ has a rather high chance of winning the tender for the Western group of 3 distributors for EUR 281m. Source: Bloomberg.
Separately, CEZ confirmed it would submit a binding bid for the Slovak state’s 66% stake in Slovenske elektrarne, the leading Slovak power producer; the deadline for submitting bids is July 21. CEO M. Roman said CEZ would submit the bid for all SE assets, i.e. including the nuclear assets. Source: CTK.
Note that the Slovak Cabinet will give preference to those bidders interested in nuclear assets and completion of the Mochovce NPP. In the first round, investors can reportedly submit bids only for all SE's assets and if a buyer is not chosen in the first round, investors may then bid for its nuclear and conventional assets separately. So far, three of five bidders (including CEZ) are interested in both the nuclear and non-nuclear parts of SE (the Italian Enel and the Russian RAO UES are reportedly the other two, while the Austrian Verbund and the German E.ON are interested only in non-nuclear assets).
Jan Hajek