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Eesti Energia signs 100 mln euros loan agreement with EIB
BC, Tallinn, 01.11.2013.
Print version
Print versionEstonian energy company Eesti Energia has signed a new loan agreement with European Investment Bank (EIB) in the amount of 100 million euros to finance investment into distribution network, the company reported LETA.
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Maximum tenor of the debt facility is ten years.
Eesti Energia and European Investment Bank share a long history of co-operation and EIB remains a lender of strategic importance to the Group. In 2004-11, Eesti Energia and EIB have signed four loan agreements in total amounting to 325 million euros to fund electricity network and power generation investments.
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