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Announcement regarding Iernut Investment

4th Nov 2020 13:45

RNS Number : 2763E
S.N.G.N. Romgaz S.A.
04 November 2020
 

November 4, 2020

 

 

 

A N N O U N C E M E N T

 

 

Societatea Nationala de Gaze Naturale "ROMGAZ" S.A. informs its shareholders and investors upon the transfer, by the Ministry of Economy, Energy and Business Environment, of the amount of RON 115,027,026.77 representing the 2nd draw for the Financing Contract no. 4/December 7, 2017 for the "Combined cycle CCTG power plant" - Iernut investment.

 

The amount was transferred as a result of approving the 2nd funding application, submitted, together with the substantiation documents, to the Ministry of Economy, Energy and Business Environment - NIP Committee, according to the schedule of the drawings.

 

Contract no. 4/December 7, 2017 was concluded following a grant award from the National Investment Plan (NIP), for a maximum value of RON 320.90 million, for the "Combined cycle CCTG power plant" investment.

 

S.N.G.N. Romgaz S.A. is included with the "Combined cycle CCTG power plant" investment in Annex 3 "National Investment Plan" of Government Decision no. 1096/2013, item 22.

 

 

 

Chief Executive Officer, Deputy Chief Executive Officer,

Constantin Adrian VOLINTIRU Daniel Corneliu PENA

 

 

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