Bulgarian TPP Maritsa 3 recorded two times higher profit in 2019

, SEE Energy News

Bulgarian thermal power plant’s Maritsa 3  total revenues increased to 24.8 million euros in 2019, compared to 9 million euros in revenues in the previous year. The company reported a consolidated net profit in the amount of 2.9 million euros in 2019, compared to a profit of 1.35 million euros recorded in the same period last year.Total expenditures rose as well, reaching 22 million euros, compared to 6.4 million euros in 2018. TPP Maritsa 3 is located in Dimitrovgrad in southern Bulgaria and has 120 MW output. Its largest shareholders is UK-based Topgroup with 49 % stake.