Slovenia to Provide Guarantees for Thermal Plant, Sustersic Says

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Slovenia will “shortly” provide state-guarantees of 440 million euros ($567 million) for the upgrade of thermal plant Termoelektrarna Sostanj d.o.o., Finance Minister Janez Sustersic said.

“We have come to the point to be able to say that the guarantee contract will be approved shortly,” Sustersic told reporters in the capital Ljubljana today. “This won’t happen overnight and it will take some time, but it ultimately will be approved.”