In total, BEERECL provided €155 million of EBRD funds, which were on-lent to eight participating banks with a €35.2 million grant fund from the Kozloduy International Decommissioning Support Fund. With sustainable energy' lending increasingly seen as a core business line, competitive pressure led nine Bulgarian banks to sign up for the facility. Financing was provided to these banks on market terms, with a medium-term tenor.