Category: Europe Deal Watch

Portuguese REN secures EUR300 million financing

Portuguese transmission system operator (TSO), Redes Energéticas Nacionais (REN), has entered into a 12-year financing agreement with the European Investment Bank (EIB) for EUR300 million. The aim of the agreement is to support...

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EIB to fund Polish and Czech network development

The European Investment Bank (EIB) has signed agreements with the Polish state-owned utility Polska Grupa Energetyczna (PGE) and the Czech energy utility ČEZ to support the modernisation of the distribution networks of both...

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German government to buy equity stake in TenneT

The German government plans to restart talks with the Netherlands for a possible investment in the German transmission system operator (TSO) of the Dutch-state-owned TenneT. The government already has a minority stake in another...

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EBRD approves EUR25 million to Slovenia’s ELES 

The European Bank for Reconstruction and Development (EBRD) has announced the approval of a short-term revolving working capital facility up to EUR25 million for Slovenia’s state-owned electricity transmission operator,...

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