19 June 2001 SOFIA, Bulgaria–A deal negotiated last month, between the Bulgarian government and the U.S. companies AES Corp. and Entenergy, was officially signed. AES Corp. will invest $930 million in a joint venture with Bulgaria’s National Electricity Company to build a new 670-megawatt coal-fired plant at Maritsa-Iztok-1. Entenergy will invest $470 million to upgrade and operate Maritsa-Iztok-3.
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