Litgrid plans to borrow
Vilnius, Lithuania, 2015-07-08 14:06 CEST --
Lithuanian electricity transmission system operator Litgrid plans to borrow EUR 75 million in order to balance its cash flows. Part of the loan is aimed to finance investments into Nordbalt project until 2016, when PSO and EU funds are allocated. A draft three-year credit line technical specification is available at the Central Public Procurement Information System.
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