P2 Solar Inc. announced that it has received a financing term sheet in the amount of EUR 7.2 million in non dilutable debt financing to provide 100% of the debt financing requirements for its 4.95 MW solar power farm in Bulgaria. The debt financing will provide for 70% of the total project cost. The financing term sheet is subject to the Bank's due diligence of the solar project. Due diligence will be performed during the next 2 weeks and upon successful completion.