Protected: Serbia: Big consultancies support power utility EPS restructuring, Lazard joins BCG & ArthurLittle

Serbia’s EPS and Srbijagas have agreed with Azerbaijan’s SOCAR to set up a joint venture for a planned 500 MW combined-cycle gas power plant in Niš. The arrangement is intended to advance preparations ahead of a final investment decision....

EPS, Serbia’s state utility, has secured approximately €107.5 million to modernise hydropower plants and develop more than 120 MW of solar capacity on land tied to former coal-fired facilities. The financing package combines a €100 million European Investment Bank...

Serbia’s state-owned power utility EPS has opened a formal channel to acquire or partner with privately developed renewable energy projects of at least 50 MW, creating a potential exit opportunity for developers as grid access, financing and market conditions...