European Bank for Reconstruction and Development (EBRD) has committed new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria.
The bank had provided EUR119 million (USD133.69 million) loan in 2008 for the construction of the project. The new EUR32 million (USD36.02 million) financing package, will refinance the remaining exposure on that loan and extend a new commitment of EUR16 million (USD17.97 million). The project became operational in the year 2010.
The subsidiary of Swiss energy group MET, MET Renewables Holding, has secured approval from the Bulgarian antitrust authority for its plan to acquire Eolica Bulgaria. Commission for Protection...
Read moreSwiss-based energy company MET Group has signed a share purchase agreement with Spanish Grupo Enhol for a 60 MW wind park in Bulgaria. MET Group signed a share purchase agreement to acquire a 60 MW S...
Read moreEnery Development, an Austrian renewable energy developer, is set to build a 200 MW solar photovoltaic project near the town of Chirpan in Bulgaria. The project will be built on about 140 hecta...
Read moreMET Group has completed the acquisition of a 100% stake in Enel Green Power Bulgaria EAD, which owns a 42-megawatt wind park in Bulgaria. The 42 MW wind park located in North-eastern Bulgaria is now...
Read moreSwiss-based MET Renewables has submitted a request to the Bulgarian Commission for the Protection of Competition (CPC) for the approval of its acquisition of 100% capital of Enel Green Power Bulgaria....
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