Romania gets EUR1 billion for new energy investment from EU's Modernisation Fund

On the sidelines of a meeting of the Investment Committee of the EU's Modernisation Fund that took place on October 22, 2024, in Budapest, Romania's Ministry of Energy got non-repayable funding for all its six priority investment proposals submitted, EUR 1.1 billion, the first EUR 860 million of which will be transferred to Romania by the end of 2024.According to a press release from the ministry, the six investment projects qualifying for the new funding ...

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