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Bulgaria: USTDA and ESO signed a deal to increase cross-border network capacity in the SEE region

The US Trade and Development Agency (USTDA) signed a grant agreement with Bulgarian electricity transmission operator ESO to advance new transmission infrastructure that will...

Romania: Six investors planning solar panels and energy storage plants compete for 200 million euro grants

Six bidders submitted projects to get grant financing under a EUR 200 million grant scheme operated by Romania and aimed at supporting the development...

Serbia: First equipment for Kostolac wind farm delivered

Elektroprivreda Srbije said the first equipment for the 66 MW Kostolac wind farm, including three blades and two tower segments, has arrived at the...

Albania: EBRD and WBIF finance floating solar power plant

The Western Balkans Investment Framework (WBIF) will provide Albania with a grant of 2.6 million euros for the development of a 12.9 MW floating...

North Macedonia: EBRD is considering a 26.4-million-euro loan for transmission grid strengthening 

The European Bank for Reconstruction and Development is considering providing a senior unsecured loan of up to 26.4 million euros to Macedonia's transmission system...

Croatia advances gas infrastructure with 533 million euro grant agreement

The contract for the construction of the four new gas pipelines was signed by the Croatian Ministry of Economy and Sustainable Development, the Fund...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.