Enel in Line for European Investment Bank Loan for Romanian Wind

Enel Green Power SpA (EGPW), a unit of Italy’s biggest power company, may receive as much as 200 million euros ($284 million) in funding from the European Investment Bank to build three wind farms offshore Romania. “The European Investment Bank confirms that it is currently evaluating a possible loan of 200 million euros to Enel Green Power Romania,” Richard Willis, a spokesman for the EIB, said in an e-mail today. The loan represents 50 percent of the projects’ total cost, ...

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