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Electrica raises RON 750 Million for funding the expansion on electricity value chain

Societatea Energetica Electrica S.A., one of the leading players in Romania’s electricity distribution and supply market, today announced that it has signed a RON 750 million financing deal with Erste Group Bank AG and Raiffeisen Bank România S.A. Electrica will employ the loan, which corresponds to roughly EUR 150 million, to finance the implementation of its strategy for the period 2019-2023, which also envisages expanding on the value chain of ...

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