Bulgaria Obtains More Energy Aid from EBRD

An additional EUR15 million (USD20 million) will be released by the

to promote energy efficiency and renewable energy use in Bulgaria. The sum will be managed by Bulgaria's UniCredit Bulbank, which will provide lending to domestic, private industrial firms that back energy efficiency and small renewable energy projects. The Kozloduy International Decommissioning and Support Fund will also grant financing for technical assistance to support project preparation and awareness improvement activities, as well as incentives to companies and banks that successfully carry out projects.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.