TEŠ Loan Guarantee Act Takes Effect

Ljubljana, 1 August - The law that enables the government to issue the Šoštanj coal-fired power plant TEŠ a guarantee for a EUR 440m loan from the European Investment Bank (EIB) took effect on Wednesday. Yet before the loan guarantee agreement for a new generator is signed, TEŠ and the government need to close an accord listing the conditions for the guarantee.

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