Transgaz Secures 300 Million Euros Financing From Banca Transilvania to Develop Romania’s Natural Gas Transmission Infrastructure
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Banca Transilvania has granted a financing of 300 million euros to Transgaz for the development and modernization of the national natural gas transport infrastructure, in a context in which energy security, regional interconnection and infrastructure resilience have become strategic priorities for Romania and Europe, according to a joint statement from the two entities. This represents […] The post Banca Transilvania finances Transgaz with 300 m…
The financial group Banca Transilvania (TLV) has granted to the national natural gas transporter Transgaz (TGN) a financing of 300 million euros for the development and modernisation of the national natural gas transport infrastructure, representing the largest bilateral financing granted by the bank to the energy sector.
Transylvania supports one of the largest investments in Romania's energy infrastructure by providing EUR 300 million to Transgaz, the largest bilateral BT financing granted to the energy sector.
The largest loan granted to date in the energy sector by the banking society supports the development and modernisation of the national natural gas transport infrastructure. "A competitive economy needs strong infrastructure. By financing Transgaz we support investments that increase Romania's capacity to develop, attract investment and strengthen the strategic role in the region. The financing brings together two Romanian economy and capital ma…
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