Hidroelectrica to take long-term credit with annual draw worth 150 M euros from EIB

Hidroelectrica electricity producer plans to take a long-running credit with annual draw worth 150 million euros, from the European Investment Bank (EIB), given that the Company needs an investment of round 1 billion euros by 2011, Hidroelectrica development manager Bedros Naianu said during an international conference on energy, on Friday.The money will be used for the finalization of about 20 big objectives started before 1989.The Company also completed the first study stage conducted by ...

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