Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Romania’s Electrica Seeks $66 Million Wind-Farm Loan, Bursa Says

April 10 (Bloomberg) -- Romanian power distributor Electrica SA plans to borrow 50 million euros ($66 million) to build a wind farm in the east of the country, Bursa reported today, citing General Manager Ioan Folescu.

The state-owned company will launch an auction in the next few days to attract loan offers for its Frumusita wind park with a capacity of about 45 megawatts and plans to pick the builder and the equipment supplier this year for the project through public auctions, the Bucharest-based newspaper quoted Folescu as saying. Construction will probably start this autumn, he said.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.