Hidroelectrica borrows €60 million
Thursday, December 3, 2009
State-owned electricity generator Hidroelectrica borrowed €60 million from a private bank, and is in advanced talks for another three loan facilities of €30.70 million and €135 million, said the managing director of the company, Mihai David. “The loan arrangement has been finalized yesterday (e.n Wednesday, November 25). Half of the amount will be disbursed soon, and the remaining €30 million in the first half next year. Soon, we will conclude the other three agreements for €30 ...