Bulgarian state-owned electricity company NEK and Electricity System Operator
(ESO) completed on February 4 the last phase of their split-up, regarding the
unbundling of the ownership of the network and the associated assets, the
Bulgarian Energy Holding (BEH) said on Wednesday.
The unbundling will
allow ESO, as the owner of the grid, to start the process of its certification
as an independent transmission operator as a further step in the development of
a competitive and financially stable energy market, BEH said in a press
release.
The split-up of the two companies is required under the EU’s
Third Energy Liberalisation Package.
Bulgarian Energy Holding (BEH) - a
state-owned holding company set up in 2008 which controls Mini Maritza-Iztok,
NEK, ESO, Bulgargaz and the country’s sole nuclear power plant Kozloduy - took
full control of ESO from NEK in 2013.