Bulgaria to receive EIB support for decarbonising major site for coal-fired power production
Bulgaria, June 5 -- Bulgaria will receive advisory support from the European Investment Bank (EIB) for greening one of Europe's largest sites for coal-fired electricity production - the Maritsa East Complex. Both sides today signed an agreement under which the EIB will advise the Bulgarian government as it pursues a plan to decarbonise the Maritsa East Complex, which generates up to 35% of the country's electricity.EIB Advisory will work with the Bulgarian Ministry of Energy to ensure the timely development of priority projects promoting renewable energy at the Maritsa East Complex, which has among the largest open-pit coal mines operating in Europe. EIB Advisory will also help to strengthen the Ministry's capacity to manage complex project...
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