Advising EVN on a project for construction of Gorna Arda Cascade (ongoing)


Bulbrokers Consulting is acting as an advisor to EVN (Austria) on the project for construction of the Gorna Arda Cascade including hydro-electric power plants with total installed capacity of over 100MW (final scope of the project is subject to ongoing studies). The project is developed by a Joint Venture between EVN and the Bulgarian National Electricity Company (NEK). Currently it is the largest investment project in the hydro energy sector in Bulgaria.

The support provided by Bulbrokers Consulting includes coordination of the efforts of the involved client’s and advisory teams on various issues, participation in project financial modelling, support in communication with NEK and the involved authorities, structuring and preparation of an extensive data room of the project documentation.