TSO Transgaz plans joint venture with FII3M for H2 projects

Transgaz (BVB: TGN), the natural gas transport system operator (TSO) in Romania, got shareholders' approval for hiring a legal consultancy firm in order to analyze and negotiate the legal, financial and commercial conditions for the association with the Investment Fund of the Three Seas Initiative (FII3M) to attract total funding of up to EUR 626 mln for developing natural gas and hydrogen mixed transport infrastructure projects.The estimated value of the legal ...

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