The EBRD is lending Bulgariaâ€™s PostBank â‚¬15 million to help local industries to become more energy efficient. The loan helps private businesses to cut energy wastes and stimulates the investment in alternative powers using renewable energy. The EBRD is now the largest investor in Bulgaria with more than â‚¬1.3 billion committed to projects across the country. Working with its many partners, the Bank has mobilised more than â‚¬5.4 billion for projects in Bulgaria.
For a press release, see http://www.ebrd.com/new/pressrel/2006/173Dec06.htm