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Announcement regarding Iernut Investment

RNS

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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