The financing for the projects has been put in place. The €145 million financing package will consist of an A-loan (up to €70 million for the EBRD's own account) and a B-loan (up to €75 million syndicated to commercial banks, UniCredit and Siemens Bank). The rest of an overall €250 million debt facility to finance the project is being provided by Denizbank (€65 million) and the Black Sea Trade and Development Bank (€40 million)