Romanian Borzesti thermal power plant up for sale with starting bid of EUR 21.8 mln

Musaf & Asociatii-Restructuring & Insolvency firm, the assigned liquidator of the assets of former state-owned energy producer Termoelectrica, has put the Borzesti thermal power plant up for sale, the Romanian newswire, Romania Insider, reported Aug. 7.

“The liquidator is looking for a buyer for the Borzesti thermal power plant with a starting price of EUR 21.8 mln, VAT included,” the local media reported.

The Borzesti thermal power plant is based in Onesti, in the Moldova region of Romania. The auction will take place on Aug. 20. This plant is the second thermal power plant, to be put up for sale. At the end of July the Doicesti thermal power plant was sold for EUR 13.8 mln.

Former state-owned energy producer Termoelectrica went under voluntary liquidation in March 2013.

Photo courtesy of SaMin SAmIN.