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Bulgaria: EIB to advise Bulgaria on Maritsa East complex modernization

Bulgarian Energy Ministry signed an agreement with the European Investment Bank on advisory support. Under the agreement, teams from the EIB’s Advisory Service will assist the Ministry in selecting initiatives to modernize the Maritsa East complex.

EIB teams will assess the condition of the complex, including its advantages such as existing infrastructure and skilled workforce. The assessment will serve as the basis for a roadmap for investors on the transition to cleaner energy. This will help the Ministry to ensure the transition of the complex in line with economic and social needs and EU rules.

The Energy Ministry plans to transform the Maritsa East complex to preserve jobs and attract investors.

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