KREIF accesses 83 M euro syndicated loan to build new cogeneration plant at Petromidia

The Kazakh-Romanian Energy Investment Fund (KREIF) has successfully concluded a syndicated loan totaling 83 million euros to finance the construction of the new cogeneration plant on the southeastern Petromidia platform.The estimated deadline for commissioning the cogeneration plant is the end of July 2023.According to a press release of the Fund, sent on Friday, the financing banks are Banca Comerciala Romana (BCR), as a mandated main arranger, ...

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