who we are

IBEX (Independent Bulgarian Energy Exchange) was established January 2014, as a fully-owned subsidiary of the Bulgarian Energy Holding EAD. IBEX holds a 10-year license (№ Л-422-11) by the  Energy and Water Regulatory Commission and extended for another 10-year period in April 2024, for organizing a Power Exchange for electricity in Bulgaria. IBEX works to establish and develop organised electricity market in Bulgaria based on transparent and non-discriminatory principles.


IBEX is a full member of  the Single Day-ahead Coupling (SDAC) and the Single Intraday Coupling (SIDC). Since January 2016, IBEX EAD has been a full member of the association of European energy exchanges EUROPEX.


As of 15 February 2018 Bulgarian stock exchange AD is the sole owner of the shareholder’s capital of IBEX EAD.


The efforts of IBEX EAD are aimed entirely at providing a reliable, transparent and competitive electricity trading platforms  to enable market participants to enter into transactions through a variety of products. 


For this purpose, IBEX offers access to different trading platforms and organised market segments for short-term to long term products as Day -ahead, Intraday and Bilateral contracts (Auctions screen) market segments. 


In the future, IBEX EAD intends to expand its portfolio of products by adding guarantees of origin to its market segments.