Shell’s Surprise Hedge Deal Supercharges Bulgaria’s Battery Boom — and Sends a Big Signal to Europe’s Power Markets
Sunotec signed a five‑year, cross‑border spread hedge with Shell Energy Europe B.V. covering 600+ MWh of Bulgarian BESS now under development. The hedge locks in price spreads across borders and underwrites merchant revenue for the assets, which are planned to reach COD by Q2 2026. Enery Portfolio Optimisation helped arrange the deal. Sunotec calls it “among the first of its kind in Central Eastern Europe.” SeeNews+1
