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UniCredit Bulbank

European Bank for Reconstruction and Development (EBRD) Supports the Tsenovo Solar Photovoltaic Power Plant of Enery Development in Bulgaria with a Guarantee of up to EUR 25 Million for a Loan Provided by UniCredit Bulbank

/LONDON, February 7, 2024, 9:00 GMT, EBRD, RENEWABLE MARKET WATCHTM/ The loan from UniCredit Bulbank will be used for the construction and entry into commercial operation of one large-scale solar PV power plant in northeastern Bulgaria with 112.5 MW capacity, which will be connected to the national transmission system network with a 20 kV/110 kV substation. Enery Development is the project sponsor of the Tsenovo Solar Photovoltaic Power Plant. The company, which is headquartered in Austria, operates 273 MW of renewable energy plants across central and eastern Europe. The Three Seas…
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