EBRD and Sostanj Unit 6 – serious questions about EBRD project appraisal
Briefing | 15 May 2011
In 2010, the EBRD approved a EUR 100 million loan for the Sostanj lignite power plant unit 6 (TES 6) project with a further EUR 100 million syndicated to commercial banks. A recent report on the management of the project has important implications for the EBRD’s involvement and raises questions about the project appraisal process that led the EBRD to approve the project.
Theme: Energy & climate
Project: Sostanj lignite thermal power plant unit 6, Slovenia
Never miss an update
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.