updated
Mini Maritsa iztok EAD (MMI), TPP Maritsa East 2 EAD
| Coal Industry Sector: | Power, Mining |
| Coal Share of Revenue: |
24% |
Coal Expansion Plans:
|
No |
Listed on the Global Coal Exit List 2023
| Oil and Gas Production in 2022: | No |
| Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
|
No |
| Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
|
LNG, Pipeline |
| Gas-fired Power Expansion:
“Yes” for all companies that are developing ≥100 MW of gas-fired power capacity.
|
No |
Listed on the Global Oil & Gas Exit List 2023
47 results Total investment of current selection: $ 406 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bulgarian Energy Holding EAD | Pensioenfonds Zorg en Welzijn (PFZW) | investment | Netherlands | Bulgaria | Europe (EU) | Europe (EU) | $ 60 M | $ 60 M | ||||||
| 2 | Bulgarian Energy Holding EAD | Aviva | investment | United Kingdom | Bulgaria | Europe (non EU) | Europe (EU) | $ 49 M | $ 49 M | ||||||
| 3 | Bulgarian Energy Holding EAD | Sun Life Financial | investment | Canada | Bulgaria | North America | Europe (EU) | $ 35 M | $ 35 M | ||||||
| 4 | Bulgarian Energy Holding EAD | BPER Banca | investment | Italy | Bulgaria | Europe (EU) | Europe (EU) | $ 33 M | $ 33 M | ||||||
| 5 | Bulgarian Energy Holding EAD | BlackRock | investment | United States | Bulgaria | North America | Europe (EU) | $ 32 M | $ 32 M | ||||||
| 6 | Bulgarian Energy Holding EAD | Wellington Management | investment | United States | Bulgaria | North America | Europe (EU) | $ 26 M | $ 26 M | ||||||
| 7 | Bulgarian Energy Holding EAD | PZU Group | investment | Poland | Bulgaria | Europe (EU) | Europe (EU) | $ 23 M | $ 23 M | ||||||
| 8 | Bulgarian Energy Holding EAD | Jupiter Fund Management | investment | United Kingdom | Bulgaria | Europe (non EU) | Europe (EU) | $ 23 M | $ 23 M | ||||||
| 9 | Bulgarian Energy Holding EAD | Prudential Financial (US) | investment | United States | Bulgaria | North America | Europe (EU) | $ 20 M | $ 20 M | ||||||
| 10 | Bulgarian Energy Holding EAD | Deka Group | investment | Germany | Bulgaria | Europe (EU) | Europe (EU) | $ 17 M | $ 17 M | ||||||
| 11 | Bulgarian Energy Holding EAD | MassMutual Holdings | investment | United States | Bulgaria | North America | Europe (EU) | $ 14 M | $ 14 M | ||||||
| 12 | Bulgarian Energy Holding EAD | Investors TFI | investment | Poland | Bulgaria | Europe (EU) | Europe (EU) | $ 10 M | $ 10 M | ||||||
| 13 | Bulgarian Energy Holding EAD | Deutsche Bank (incl. DWS) | investment | Germany | Bulgaria | Europe (EU) | Europe (EU) | $ 10 M | $ 10 M | ||||||
| 14 | Bulgarian Energy Holding EAD | Landesbank Hessen-Thüringen | investment | Germany | Bulgaria | Europe (EU) | Europe (EU) | $ 5 M | $ 5 M | ||||||
| 15 | Bulgarian Energy Holding EAD | Crédit Agricole (incl. Amundi) | investment | France | Bulgaria | Europe (EU) | Europe (EU) | $ 5 M | $ 5 M | ||||||
| 16 | Bulgarian Energy Holding EAD | Abrdn | investment | United Kingdom | Bulgaria | Europe (non EU) | Europe (EU) | $ 4 M | $ 4 M | ||||||
| 17 | Bulgarian Energy Holding EAD | Morgan Stanley | investment | United States | Bulgaria | North America | Europe (EU) | $ 4 M | $ 4 M | ||||||
| 18 | Bulgarian Energy Holding EAD | UBS | investment | Switzerland | Bulgaria | Europe (non EU) | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 19 | Bulgarian Energy Holding EAD | Compass Asset Management | investment | Switzerland | Bulgaria | Europe (non EU) | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 20 | Bulgarian Energy Holding EAD | Grantham Mayo Van Otterloo & Co | investment | United States | Bulgaria | North America | Europe (EU) | $ 3 M | $ 3 M | ||||||
| 21 | Bulgarian Energy Holding EAD | Azimut | investment | Italy | Bulgaria | Europe (EU) | Europe (EU) | $ 2 M | $ 2 M | ||||||
| 22 | Bulgarian Energy Holding EAD | Raiffeisen Banking Group | investment | Austria | Bulgaria | Europe (EU) | Europe (EU) | $ 2 M | $ 2 M | ||||||
| 23 | Bulgarian Energy Holding EAD | Assicurazioni Generali | investment | Italy | Bulgaria | Europe (EU) | Europe (EU) | $ 2 M | $ 2 M | ||||||
| 24 | Bulgarian Energy Holding EAD | Jyske Bank | investment | Denmark | Bulgaria | Europe (EU) | Europe (EU) | $ 2 M | $ 2 M | ||||||
| 25 | Bulgarian Energy Holding EAD | Euram Bank | investment | Austria | Bulgaria | Europe (EU) | Europe (EU) | $ 2 M | $ 2 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
For more information read our detailed Methodology!