ENGLISH SECTION: EBRD provides RON 300 million financing to Delgaz Grid in Romania

Government

EBRD provides RON 300 million financing to Romanian electricity and gas distribution company Delgaz Grid SA, Loan will finance the modernisation of the electricity distribution network in north-eastern Romania, Investment is part of a syndicated facility of RON 3 billion with six commercial banks. The European Bank for Reconstruction and Development (EBRD) is supporting energy security in Romania by providing a loan of RON 300 million (€57 million equivalent) to Delgaz Grid SA, an electricity