ICGB AD, the company that will construct, own and operate the Interconnector Greece Bulgaria (IGB) pipeline has chosen after a tender Greece’s J&P AVAX to construct the pipeline.

“The participant that best covers ICGB’s technical and financial requirements is J&P AVAX SA. The company received a final score of 83.8 points of maximum 100 and offered a price of EUR 144,850,000,” ICGB, which is owned by Bulgarian Energy Holding EAD (50%), Italy’s Edison (25%) and Greece’s DEPA (25%), said...


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