Bulgarian thermal power plant Maritsa 3 reported a net loss of approximately €8.1 million for the first nine months of 2024, up from a loss of €4.3 million during the same period last year. Total revenues for the company fell to €5 million in the first nine months of 2024, a significant decrease from €15.8 million in 2023.
Despite a drop in revenues, total expenditures also declined, reaching €13 million compared to €20 million the previous year. Located in Dimitrovgrad, southern Bulgaria, TPP Maritsa 3 has an output of 120 MW, with the largest shareholder being UK-based Topgroup, which holds a 49% stake.
