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EBRD Extends EUR 25m to Maritsa Iztok 2.

Europe Intelligence Wire

| December 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From PARI Daily)

Byline: Stela NENKOVA

A CREDIT agreement between Maritsa Iztok 2, the thermal power plant, and the European Bank for Reconstruction and Development (EBRD) was signed at Bulgaria's energy ministry Tuesday. The EBRD provides EUR 25 million for construction of desulphurising facilities at units five and six of the plant. The total cost of the project stands at EUR 66.6 million.

The modernisation of units one to eight of Maritsa Iztok ...

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