RBS bank lends EUR 32 mln to Hidroelectrica

Newsroom 12/09/2011 | 16:48

RBS Romania has approved a loan of EUR 32 mln for Hidroelectrica, the main energy producer in Romania. The loan will be used for financing the working capital of the energy producer and will be returned in 1 year.

“We want to play an active role in the development of the energy sector in Romania, and the loan recently taken out by Hidroelectrica confirms this path. Just in the last 3 months of this year, RBS Romania has approved bilateral facilities worth over EUR 100 million for companies in this sector”, said Sanda Abrudan, Energy and Resources Director, RBS Romania.

Hidroelectrica is the main electricity producer in Romania, the main producer of energy system services and the main energy producer on the regulated market. The company manages over 270 hydroelectric plants and pumping stations,with power installations totaling 6438 MW. 

Ovidiu Posirca

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