CEZ Plans to Invest in Bulgaria Biomass Project, E15 Reports

CEZ AS (CEZ), the Czech Republic’s largest power producer, plans to invest in a small biomass project in Bulgaria, E15 reported on its website, citing company spokesman Martin Schreier. The project is part of CEZ’s previously announced intention to invest as much as 40 million euros ($52 million) in renewable energy in Bulgaria, the newspaper said.

To contact the reporter on this story: Ladka Bauerova in Prague at lbauerova@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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