Bulgaria will receive advisory support from the European Investment Bank (EIB) for the greening of the Maritsa East Complex, one of Europe’s largest coal-fired power sites. The power plant produces up to 35 per cent of the country’s electricity. According to the agreement that was signed, EIB Advisory will collaborate with the Bulgarian Ministry of Energy to help develop priority projects that promote renewable energy at the Maritsa East Complex, which is home to one of the largest open-pit coal mines in Europe.
The EIB is providing its advisory support under the European Commission’s InvestEU Advisory Hub to aid Bulgaria’s transition from coal to clean energy. The current agreement builds on a previous one that was signed in early 2024. With its help, the Ministry of Energy has made significant progress in identifying a strategic path forward for the Maritsa East Complex’s transformation.
