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Tenevo BESS Bulgaria

Sector: Energy Storage • Location: Bulgaria

Source: European Bank for Reconstruction and Development (EBRD)

Project
In Exploratory, Pending Final Review

Up to EUR 30 million senior secured project finance loan in favour of Tenevo Solar Technologies EAD ("Tenevo Solar", the "Client" or the "Company"), a privately owned special purpose vehicle established in Bulgaria. The loan proceeds will be dedicated to the development, construction and operation of 246 MW/512.5 MWh Battery Energy Storage System ("BESS") in south-eastern Bulgaria (the "Project"),

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Project Information

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The project “Tenevo BESS Bulgaria” is an infrastructure initiative in the Energy Storage sector, located in Bulgaria. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

Sponsoring Agency

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Company

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Status

Original status

in exploratory, pending final review

Taiyo status

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Taiyo last update

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Contact

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Email

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Address

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Description

Description

Up to EUR 30 million senior secured project finance loan in favour of Tenevo Solar Technologies EAD ("Tenevo Solar", the "Client" or the "Company"), a privately owned special purpose vehicle established in Bulgaria. The loan proceeds will be dedicated to the development, construction and operation of 246 MW/512.5 MWh Battery Energy Storage System ("BESS") in south-eastern Bulgaria (the "Project"), co-located with existing solar PV power plant ("PVPP") and 65MW/260MWh BESS.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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