ESIF: Burgas Water Project (EBRD-52115)

  • Bulgaria
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 16, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Burgas WSSO
The holder of the loan, grant, or other investment.
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 22.83 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 19.4
Converted using 2020-10-19 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 19, 2021

Disclosed by Bank Oct 9, 2020

Contribute Information
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Project Description

This loan was provided to Burgas Water Supply and Sanitation Operator, a state-owned company and sole provider of water supply, wastewater collection and treatment services in the Burgas region. The proceeds of the loan will be used for the co-financing of priority investments in water supply and sanitation infrastructure, jointly with investment grants from Operational Programme Environment 2014 - 2020.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Eng. Gancho Tenev, Executive Director
00359 56 871 444
00359 56 842 979


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