Tag: loan

Government approved loan for Plinacro – Croatia, 21 May 2020

The Croatian Government gave approval to natural gas transmission system operator Plinacro for a loan of up to 33 million euros from Erste Bank, which will be used to finance the construction of Omisalj-Zlobin gas pipeline. The loan repayment period is 10 years including a one-year grace period, Full article available for subscribers of Energy […]

Planned 550 million euros energy sector support package may not be enough – Greece, 17 April 2020

Greek authorities and companies in the energy sector have planned support measures with estimated combined worth of some 550 million euros for the following months, however, these measures may not be enough to help already constrained Greece’s energy sector. The effectiveness of the measures will Full article available for subscribers of Energy NEWS service (PDF […]

PPC considering 100-200 million euros EBRD loan – Greece, 14 April 2020

According to local media, Greek state-controlled Public Power Corporation (PPC) is considering seeking a loan from the European Bank for Reconstruction and Development (EBRD) of between 100 and 200 million euros in an effort to cover unexpected costs caused by the coronavirus crisis and the followin Full article available for subscribers of Energy NEWS service […]