The EBRD will pay close to €17 million for stakes in the distribution companies of Varna and Gorna Oryahovitsa.
EBRD is understood to be in talks to buy stakes in other Bulgarian distributors.
EBRD buys stakes in Bulgarian
The European Bank for Reconstruction and Development (EBRD) has acquired 8% stakes in two Bulgarian distribution companies from majority owners E.On, which bought 67% in each of the two Bulgarian power distributors for a combined price of €140 million.
