Tag: loan

EIB to loan 225 million euros for electricity network upgrades – Greece, 18 January 2019

The European Investment Bank (EIB) and Greek state-controlled Public Power Corporation (PPC) have agreed on a long-term loan contract worth 225 million euros for the upgrade of the country’s electricity distribution network. The new 20-year loan, guaranteed by the Greek state, is one of the bigge Full article available for subscribers of Energy NEWS service […]

INA secured 300 million dollars revolving credit facility – Croatia, 11 December 2018

Croatian oil company INA said that it has signed a 300 million dollars revolving credit facility agreement with seven commercial banks. According to the statement from the company, the credit facility will be used for general corporate purposes and will refinance a similar credit facility signed Full article available for subscribers of Energy NEWS service […]

CGES to pledge its assets as a collateral for KfW Bank loan – Montenegro, 06 October 2018

In order to obtain a loan in the amount of 20 million euros for the construction of energy infrastructure on the Lustica peninsula from the German Development (KfW) Bank, Montenegrin electricity transmission system operator CGES is planning to pledge some of its assets, namely its headquarters build Full article available for subscribers of Energy NEWS […]