|Elpetra Energy obtains power trading license for Bulgaria|
On September 10, 2012, State Energy and Water Regulatory Commission of Bulgaria presented Elpetra Energy EAD with a ten-year power trading license.
Elpetra Energy has been present on the Bulgarian power market since 2007 when the company started deliveries of Bulgarian energy to Greece and neighboring countries. The license will permit Elpetra Energy to operate on the internal energy market of Bulgaria, where the company aims to further develop its power trading division and offer custom tailored solutions to market participants, including power generators, industrial consumers and other traders.
The trading license allows for direct access to the national network and participation in cross-border power exchanges, whether export, import or transit, between Bulgaria and bordering countries. In addition to operating on the domestic market of Bulgaria the license will also facilitate our company’s entry to power markets of Romania, Serbia, FYROM and Turkey.