Tag: loan

EBRD to provide 40 million euros loan to Electrica – Romania, 09 April 2021

The European Bank for Reconstruction and Development (EBRD) said that it is planning to provide a loan worth 40 million euros to Distributie Energie Electrica Romania (DEER), Electrica’s new electricity distribution division formed by a merger of previous three distribution units. The statement f Full article available for subscribers of Energy NEWS service (PDF publications, […]

RiTE Ugljevik launched tender for obtaining 2.3 million euros loan – Bosnia and Herzegovina, 07 April 2021

Coalmine and thermal power plant (RiTE) Ugljevik, a subsidiary of Bosnian power utility ERS, urgently needs funds in order to stay liquid, therefore the management launched a tender for obtaining a loan worth 2.3 million euros from commercial banks. Tender is divided into two lots, one for 1.3 mi Full article available for subscribers of […]

BRD provided 254 million euros loan to Hidroelectrica – Romania, 01 April 2021

Romanian BRD Groupe Societe Generale said that it has provided 254 million euros loan to electricity producer Hidroelectrica in order to finance wind and solar projects. The statement from the bank said that the loan was granted for a period of seven years and Hidroelectrica will use it for acqui Full article available for subscribers […]