Borzen and Eurex to launch SouthPool
Slovenian power exchange Borzen and Swiss derivatives exchange Eurex are to create a spot power market for the southeast European region. The new company, called SouthPool, will be based in Ljubljana and will launch in January 2008.
Borzen will initially hold a 51% stake in the joint venture and Eurex 49%. The venture aims to include a wide range of partners from the region and is open to further shareholders.
The partners aim to establish the leading regional cross-border power exchange with a
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