Jozef Brhel is making handsome profits on expensive support services for SEPS
The companies of Jozef Brhel, who faces corruption charges, are making handsome profits on support services for SEPS, the state-owned energy grid operator. SEPS pays €5.08 per MWh for the support services, the 6th-highest price in the EU; the figure is €3.05 in Poland, €3 in Czechia and €2.76 in Hungary. In 2015-20, Brhel’s firms DG-energy and A.E.S received €120m of the total €856m SEPS paid for support services (Slovenské elektrárne got €447m). The companies send most of their revenues to other Brhel firms. These, for instance, are building 27 luxury villas, each priced at €1.5m, in the Canary Islands. Brhel has his own much larger villa nearby.