Bulgaria will get EUR 65.2 million to meet its climate and energy targets after the European Union disbursed EUR 2.967 billion via the Modernization Fund to support 39 energy projects in 10 EU Member States, the European Commission said Monday. These investments will support the modernization of energy systems, reducing greenhouse gas emissions in the energy, industry and transport sectors, and improving energy efficiency. 

This is the largest disbursement to date via the Modernization Fund, bringing the total spending to EUR 12.65 billion since January 2021. These investments are aimed…