EBRD Lends up to €55 Million for Greener Copper Mining
2 Articles
2 Articles
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 55 million to Assarel-Medet AD for the modernization and decarbonization of its mining operations in Bulgaria. The financing will be used to maintain and explore the Assarel open-pit copper mine in Panagyurishte, as well as for investments in its own renewable energy production. According to the EBRD, the project should improve the company’s operational …
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 55 million to Assarel-Medet AD to support the modernization and decarbonization of the company's mining activities. The agreement was signed in London by Jackie Powell, EBRD Managing Director for the Corporate Sector, and Dimitar Tsotsorkov, Chairman of the company's Supervisory Board. The partnership was reached after a thorough and comprehensive study …
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