Tag: loan

BEH placed 550 million euros worth bond on Irish Stock Exchange – Bulgaria, 27 July 2016

State-owned Bulgarian Energy Holding (BEH) announced that it has placed 550 million euros bond issue on the Irish Stock Exchange. Recently, the bond issue drew strong interest among investors and was heavily oversubscribed with offers of over 2 billion euros. BEH stated that the company will pay annual interest of 4.875 %. However, the company […]

KfW to provide 50 million euros loan for Albania-Macedonia transmission line – Albania, 26 July 2016

Albanian Minister of Energy Damian Gjiknuri and German Ambassador in Albania Susanne Schultz have signed an agreement for a loan of 50 million euros, provided by the German Development Bank (KfW), for the construction of 400 kV transmission line between Albania and Macedonia. The total cost of the project for the construction of 126 kilometers […]

EBRD to provide 20 million dollars loan to Energean – Greece, 5 July 2016

The European Bank for Reconstruction and Development (EBRD) signed a deal with Greek sole oil producer Energean Oil & Gas on 20 million dollars loan in order to support existing and future projects. Currently, the company has an output of some 4,000 barrels of oil per day from two offshore oilfields in the Prinos basin […]