Electrica draws non-refundable financing worth 57 million euros for development and modernization of distribution grid

  The Electrica Group, through the operator Distributie Energie Electrica Romania (DEER), attracted non-refundable European financing, through the Modernization Fund, in the amount of 57 million euros.According to a company's release, the amount represents 80% of the eligible expenses for four investment projects in the electricity distribution grid, whose total estimated value is approximately 77 million euros."One of the strategic ...

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