Source Pravda.Ru

EBRD to allocate credit to Moscow energy utility

The European Bank for Reconstruction and Development (EBRD) and Moscowenergy grid Mosenergo have signed a credit agreement today. According tothe agreement, the EBRD will allocate a credit worth $70m to Mosenergo forfive years with one amortization payment per six months. The energy companywill use this credit for carrying out reforms and financing theconstruction of new utilities. In particular, $35m will be allocated by theEBRD itself and the remaining part of the credit will be provided byseveral international banks.In its turn, Mosenergo made a decision to include a representative of theEBRD in its committee for reforms..

©

&to=http://www.ebrd.com' target=_blank>EBRD

&to=http://www.mosenergo.ru/eng/news.htm' target=_blank>MOSENERGO

Comments
Russia to rebuild its former Soviet naval base in Syria's Tartus
Russia not pulling out from any international agreements, Putin says
Capitalism reduced Indonesian cities to infested carcases
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
USA looking for reason to see nuclear weapons in action
Tel Aviv, Jerusalem, capitals and puppets
Capitalism reduced Indonesian cities to infested carcases
North Korea declares victory over USA
Capitalism reduced Indonesian cities to infested carcases
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
Turkish President Erdogan issues ultimatum to Washington and Brussels
Capitalism reduced Indonesian cities to infested carcases
Russian special services detain Hizb ut-Tahrir members in Crimea
Donbass without militia will be worse than Srebrenica - Putin
Russian scientists find a way to look inside black holes