Slovene prosecutors file charges over coal plant corruption
May 25, 2020
The long-running saga of Slovenia’s overpriced Šoštanj 6 coal power plant took a dramatic turn last week when Slovene prosecutors filed charges including money laundering against 12 people and two companies. Meanwhile, in 2018, the Šoštanj power plant as a whole generated a net loss of EUR 58.5 million. Why are nearby Serbia and Bosnia-Herzegovina – both countries that are planning new coal plants – not learning any lessons?
Slovenia and the Energy Union: clash in priorities, renewables as collateral damage
September 17, 2015
A leaked document, published here for the first time, that outlines the Slovenian government’s priorities for the EU’s Energy Union reveals a potential conflict with what the European Commission has on offer. Yet, neither promises ambitious strides towards more renewables.
Crunch time at Sostanj
November 5, 2012
November is shaping up to be crunch time for a new 600 MW lignite plant planned to be built at Sostanj in Slovenia. If the Slovenian government doesn’t manage to offer a state guarantee for loans from European public banks that should cover half the construction costs by the end of this month, the project could fail. At Bankwatch, we’re preparing our popcorn for the latest Sostanj thriller, on show across Europe this month.
Campaign asks UniCredit to ‘get out of coal’
April 12, 2012
Pressure is growing not only on international financial institutions but also on private banks to stop financing fossil fuels.
EBRD undermines Slovenian climate targets and governmental review with 200 million euros for dirty coal project
January 14, 2011
Ljubljana, Slovenia — Campaign groups today lambasted the European Bank for Reconstruction and Development’s (EBRD) signature of a 200 million euros loan for the Sostanj thermal power plant in Slovenia , calling it a blatant affront to Slovenia’s long-term climate targets. The signing also fails to await the outcome of a governmental review of the controversial project, expected in mid-February.