Tag: loan

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 […]

HEP obtained Government approval for loan agreements with banks – Croatia, 13 March 2020

At this week’s session, the Croatian Government gave approval to state-owned power utility HEP to conclude framework financing agreements with five banks – Erste & Steiermarkische Bank, Hrvatska Postanska Banka, OTP Bank, Privredna Banka Zagreb and Raiffeisenbank Austria. The total amount of thes Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

RS provided guarantees for ERS loan – Bosnia and Herzegovina, 20 December 2019

The Government of the Republic of Srpska (RS) has provided guarantees to power utility ERS for obtaining a 6.15 million euros loan in order to acquire capital in the company Ruding. RS, as a guarantee provider, unconditionally guarantees timely payment of liabilities of up to 80 % of the loan pri Full article available for […]