Hidroelectrica seeks a maximum of EUR 900 million in loans
Thursday, September 27, 2007
Hidroelectrica, the cheapest local energy producer, will discuss with leading international banks the engagement of up to 900 million euro in loans for the financing of its investment program.Hidroelectrica director-general Traian Oprea says that talks will take place with Deutsche Bank, Erste Bank, CitiBank and ING to establish the terms of the credits that are to support the company's 3 billion euro investment program due for completion in 2025. Oprea specified that on Wednesday, Sept. 19, ...