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Contract Type
partnership
Description
The European Bank for Reconstruction and Development (EBRD) is providing up to €50 million in funding to Tenevo Solar Technologies EAD for the development and operation of a solar power plant in southeastern Bulgaria. Raiffeisen Bank International is also contributing €53 million, bringing the total financing to €103 million. The project aims to add 238 MW of solar capacity to Bulgaria’s energy grid and help accelerate the country’s transition to green energy.