The European Bank for Reconstruction and Development (EBRD) is considering providing up to EUR 85 million (US$ 98.96 million) project finance loan which will be a part of a wider debt package provided jointly with other international financial institutions and commercial banks. The Bank's loan will provide long-term project financing, for a long life infrastructure asset, which is not readily available in Bulgaria from local or international commercial banks in the current crisis market environment. Considering that the project will be the first large-scale infrastructure concession in the country, the presence of the EBRD in the process is key to ensure a successful implementation, making the Bank strongly additional.

EBRD will decide the approval of the loan on December 02, 2020.